Rental market snapshot for Evanston, Illinois

Evanston, Illinois Rental Property Market Overview

Evanston, Illinois is a vibrant city located just north of Chicago. With a population of 77,517 as of 2021, according to the US Census, Evanston is a diverse and thriving community. It is home to Northwestern University, a variety of restaurants, shops, and entertainment venues, and a wide range of cultural and recreational activities. Evanston is also known for its beautiful lakefront and parks, making it a great place to live and visit.

The average rent for an apartment in Evanston is $2,526. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Evanston Illinois | Cost of Living

  • The most expensive ZIP code in Evanston is 60203 with an average price of $2,986.
  • The cheapest ZIP code in Evanston is 60202 with an average price of $2,620.

Evanston ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160203$2,986
260025$2,935
360201$2,887
460202$2,620

Live near Evanston, Illinois's Top Sights and Attractions

Crown Park is a beautiful park located on the shore of Lake Michigan. It features a large grassy area with plenty of trees for shade, a playground, and a beach with a pier. There are also several walking paths, picnic areas, and a gazebo. The park is a popular spot for locals and visitors alike, offering stunning views of the lake and a great place to relax and enjoy the outdoors.

Northwestern University is a private research university located in the northern suburbs of Chicago. It is one of the top universities in the United States and is known for its rigorous academics and world-class faculty. The university offers a wide range of undergraduate and graduate programs, as well as professional and continuing education courses. The campus is located on a beautiful lakefront and features a variety of historic buildings, modern facilities, and green spaces. The university also has a vibrant student life, with a variety of clubs, organizations, and activities.

Trahan Park is a picturesque park located on the shore of Lake Michigan. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and a beach. The park also has a walking path that winds around the lake, offering stunning views of the lake and the skyline. There is also a boat launch, making it a great spot for fishing and boating.

James Park is a picturesque park located on the shore of Lake Michigan. It features a large grassy area with plenty of trees for shade, a playground, and a beach. There is also a pier that extends out into the lake, providing a great spot for fishing or simply enjoying the view. The park also has a variety of walking and biking trails, as well as a boat launch. In the summer, the park is a popular spot for swimming, sunbathing, and picnicking.

Centennial 1 Park is a large public park located in Evanston, Illinois. It features a variety of recreational activities, including a playground, a large pond, a walking path, and a picnic area. The park also has a number of sports fields, including baseball and soccer fields, as well as a basketball court. There is also a large open grassy area, perfect for a game of Frisbee or a picnic. The park is surrounded by tall trees, providing plenty of shade and a peaceful atmosphere.

Fountain Square is a popular public plaza located in the heart of a vibrant downtown area. It features a large fountain, a variety of shops and restaurants, and a variety of events throughout the year. The square is a popular gathering place for locals and visitors alike, and is a great spot to relax and take in the sights and sounds of the city.

Elliott Park is a picturesque park located on the shores of Lake Michigan. It features a large grassy area perfect for picnics, a playground, and a beach area with a pier. There are also walking paths and bike trails that wind through the park, as well as a variety of trees and shrubs. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals.

Robert E James Park is a scenic park located on the shores of Lake Michigan. It features a large grassy area, a playground, a beach, and a pier. Visitors can enjoy a variety of activities such as swimming, fishing, kayaking, and picnicking. The park also has a walking path that winds through the trees and offers stunning views of the lake. In addition, the park is home to a variety of wildlife, including birds, squirrels, and other small animals.

Lovelace Park is a picturesque public park located on the shores of Lake Michigan. It features a large grassy area with plenty of trees for shade, a playground, and a beach area with a pier. There are also several walking paths, picnic areas, and a boat launch. The park is a great spot for a relaxing stroll, a picnic, or a day at the beach.

Triangle Park is a small, triangular-shaped park located in the heart of a bustling downtown area. It features a large fountain and a variety of trees and shrubs, providing a tranquil oasis in the midst of the hustle and bustle of the city. The park is a popular spot for locals and visitors alike, providing a place to relax and enjoy the beauty of nature. It is also a great spot for people watching, as it is often filled with people of all ages and backgrounds.

Evanston, Illinois area median rent change by ZIP code map

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How does Evanston compare to other cities in Illinois?

citymedian price
Brookfield$2,218
Summit$2,190
Des Plaines$2,135
West Dundee$2,024
Carpentersville$1,755
Justice$1,320
Forest Park$1,289

Average household income in Evanston area graph - US Census

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The median household income in Evanston in 2021 was $87,345. This represents a 28.4% change from 2011 when the median was $68,051.

#categorypercent
0Less than $10,0006.3%
1$10,000 to $14,9993.3%
2$15,000 to $19,9992.5%
3$20,000 to $24,9993.9%
4$25,000 to $29,9993.1%
5$30,000 to $34,9994.0%
6$35,000 to $39,9992.6%
7$40,000 to $44,9993.8%
8$45,000 to $49,9992.6%
9$50,000 to $59,9995.9%
10$60,000 to $74,9997.8%
11$75,000 to $99,99910.2%
12$100,000 to $124,9999.3%
13$125,000 to $149,9997.2%
14$150,000 to $199,9998.8%
15$200,000 or more18.7%

Neighborhoods in Evanston

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Evanston is $2,526.
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