The Reserve at Evanston
1930 Ridge Ave,
Evanston, IL 60201
Studio - 3 Beds | $2,375 - $4,450
Rental Market Trends in Evanston, IL
What is the average rent in Evanston, IL?
$1,857/month
Average Rent
665 Sq Ft
Average Apartment Size
+2.6%
Increase in the Last Year
As of July 2025, the average rent in Evanston, IL is $1,857 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Evanston rent prices are 13% higher than the national average. When you rent an apartment in Evanston, you can expect to pay about $1,582 per month for a studio, $1,857 for a one-bedroom apartment, and around $2,501 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,594 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Evanston, IL?
In the past year, rent has increased by 2.6%, which averages out to $49 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Evanston, IL
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
33%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
28%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Evanston?
Based on current rent prices, Chicago Ave, Lakeshore and Downtown Evanston are the most affordable neighborhoods in Evanston.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Evanston?
Based on current rent prices, Downtown Evanston, Lakeshore and Chicago Ave are the most expensive neighborhoods in Evanston.
Neighborhood
Average Rent
Average Sq Ft
Which Evanston neighborhoods have the most rentals available?
The neighborhoods in Evanston with the most apartments available are Lakeshore, Downtown Evanston and Chicago Ave .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Evanston, IL?
Because the average rent in Evanston is $1,857, you’ll want to make about $6,190 per month or $74,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Evanston, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Evanston, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,752/month
One Bedroom
-
$2,365/month
Two Bedroom
-
$3,251/month
Three Bedroom
-
$4,977/month
Nearby City Rent Trends
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Property Management Companies in Evanston, IL
Quadrel Realty Group
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14
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722
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3
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6 Communities in Evanston
TLC Management
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34
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5,792
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10
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Greystar
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3,273
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910,892
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846
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RMK Management
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29
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7,202
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19
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Becovic
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11
Communities
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1,074
Units
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5
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2 Communities in Evanston
Willow Bridge
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707
Communities
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192,256
Units
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329
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1 Community in Evanston
AMC
-
658
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127,959
Units
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263
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1 Community in Evanston
RPM
-
607
Communities
-
160,918
Units
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244
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1 Community in Evanston
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.