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Rental Market Trends in Evanston, IL

What is the average rent in Evanston, IL?

$1,862/month

Average Rent

670 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of March 2026, the average rent in Evanston, IL is $1,862 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Evanston rent prices are 15% higher than the national average. When you rent an apartment in Evanston, you can expect to pay about $1,650 per month for a studio, $1,862 for a one-bedroom apartment, and around $2,522 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,647 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,650/month
418 Sq Ft
One Bedroom
$1,862/month
670 Sq Ft
Two Bedroom
$2,522/month
963 Sq Ft
Three Bedroom
$3,647/month
1,147 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,337/month
824 Sq Ft
Three Bedroom
$3,116/month
1,226 Sq Ft
Four Bedroom
$6,375/month
3,072 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,661/month
517 Sq Ft
Two Bedroom
$2,090/month
667 Sq Ft
Three Bedroom
$2,612/month
1,163 Sq Ft
Four Bedroom
$4,459/month
1,750 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,898/month
1,560 Sq Ft

How much has average rent changed in Evanston, IL?

In the past year, rent has increased by 3.3%, which averages out to $62 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Evanston, IL
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Evanston, IL
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
31% $1,001 - $1,500/month
34% $1,501 - $2,000/month
29% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Evanston?

Based on current rent prices, North Downtown, Chicago Ave and Lakeshore are the most affordable neighborhoods in Evanston.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Downtown
$2,114/month
673 Sq Ft
Chicago Ave
$2,434/month
704 Sq Ft
Lakeshore
$2,631/month
718 Sq Ft
Downtown Evanston
$3,028/month
722 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Evanston
$3,028/month
722 Sq Ft
Lakeshore
$2,631/month
718 Sq Ft
Chicago Ave
$2,434/month
704 Sq Ft
North Downtown
$2,114/month
673 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeshore
$2,631/month
718 Sq Ft
Downtown Evanston
$3,028/month
722 Sq Ft
Chicago Ave
$2,434/month
704 Sq Ft
North Downtown
$2,114/month
673 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Evanston, IL?

Because the average rent in Evanston is $1,862, you’ll want to make about $6,206 per month or $74,472 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.

City

Evanston, IL

1,160 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Evanston, IL

Apartment Averages

North Downtown

Evanston, IL

Downtown Evanston

Evanston, IL

Studio
-
$1,866/month
One Bedroom
-
$2,341/month
Two Bedroom
-
$3,233/month
Three Bedroom
-
$5,051/month
Search
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Nearby City Rent Trends

  • Skokie Average Rent
  • Kenilworth Average Rent
  • Winnetka Average Rent
  • Morton Grove Average Rent
  • Northfield Average Rent
  • Niles Average Rent

Apartment communities in Evanston we think you'll love

Rogers Park Apartments

Rogers Park Apartments

2000-2006 W Fargo Ave,
Chicago, IL 60645

$1,750 - $1,800

2 Beds

Albion Evanston

Albion Evanston

1500 Sherman Ave,
Evanston, IL 60201

$2,319 - $3,316 Total Monthly Price

Studio - 2 Beds

The Main

The Main

847 Chicago Ave,
Evanston, IL 60202

$2,506 - $7,445

Studio - 3 Beds

2545 W Fitch

2545 W Fitch

2545 W Fitch Ave,
Chicago, IL 60645

$1,465 - $1,605

1 Bed

Property Management Companies in Evanston, IL

Greystar
Greystar
  • 3,472

    Communities

  • 956,050

    Units

  • 897

    Cities

3 Communities in Evanston
TLC Management
TLC Management
  • 30

    Communities

  • 5,743

    Units

  • 11

    Cities

3 Communities in Evanston
RMK Management
RMK Management
  • 28

    Communities

  • 6,394

    Units

  • 20

    Cities

2 Communities in Evanston
Cagan
Cagan
  • 32

    Communities

  • 5,879

    Units

  • 13

    Cities

2 Communities in Evanston
Becovic
Becovic
  • 13

    Communities

  • 1,300

    Units

  • 6

    Cities

2 Communities in Evanston
Willow Bridge
Willow Bridge
  • 715

    Communities

  • 198,736

    Units

  • 340

    Cities

1 Community in Evanston
RPM
RPM
  • 622

    Communities

  • 173,392

    Units

  • 246

    Cities

1 Community in Evanston
AMC
AMC
  • 624

    Communities

  • 125,068

    Units

  • 245

    Cities

1 Community in Evanston

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United States Illinois Evanston Rental Trends

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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity