City Report · IL

Evanston

Pop. 76,340·18th most expensive in Illinois·Rental market data updated monthly for Evanston, IL
Median rent (all units)
$2,438/mo
Year-over-Year
+3.6%
Month-over-Month
-0.2%
vs US Median
+$506
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Evanston · $2,438
More expensive than 78% of US cities · National median $1,932/mo
Rent Reality Score
45/100
Fairly priced
OverheatedFairGreat value

Rents are 3% above what Evanston's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,438/mo
Expected by trend
$2,379/mo
The Rent Reality Score compares today's median rent to where Evanston's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,855
1 BR
$1,985
2 BR
$2,240
3 BR
$2,875
4 BR+
$3,380
Fair Market Rent (HUD)
$2,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,438 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Evanston is 0.2% below its high of $2,443 in August 2026, at $2,438 as of September 2026.

Past year vs. the rest of Illinois

Rent in Evanston changed +3.6% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in Evanston rose 29.4% while median household income rose 22.2% ($78,904 to $96,434). Rent outpaced income.

Since before the pandemic

Rent in Evanston is 40.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($96,434) is $2,411 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,240); a 3-bedroom is $2,875.

Cheaper nearby

Elmwood Park, 10 miles away, rents for 26% less ($1,811/mo), about $7,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Evanston. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,256/yr
At $2,438/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, -0.2% MoM), not inventory.
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Demographics

Who lives here

Evanston, IL is majority owner-occupied, has a median income above the national average, 69.5% of residents hold a bachelor's degree or higher.

Population
76,340
Median income
$96,434
Median age
38.4
Renters
43.8%
Age distribution
17.9%
28.5%
22.8%
12.3%
18.5%
Under 1817.9%
18–3428.5%
35–5422.8%
55–6412.3%
65+18.5%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
60%
14.4%
12.3%
White60%
Black14.4%
Hispanic12.3%
Asian9.4%
Other3.8%
Education (25+)
16.2%
69.5%
No HS diploma3.5%
HS diploma10.9%
Some college16.2%
Bachelor's+69.5%
Housing tenure
56.2%
43.8%
Owner56.2%
Renter43.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Evanston, IL has changed in 5 years

Rent
$1,790 → $2,438
up 36.2%
Income
$87,345 → $96,434
up 10.4%
Population
78,454 → 76,340
down 2.7%
Renter share
43.6% → 43.8%
+0.2 pts
Bachelor's+
68.3% → 69.5%
+1.2 pts
Median age
36.6 → 38.4
+1.8 yrs

Across the past five years, the going rent in Evanston, IL has shifted from $1,790 to $2,438, up 36.2% since 2021. On the earnings side, the typical household in Evanston, IL now reports about $96,434, up from $87,345 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Evanston, IL losing about 2,114 residents over the five-year window, down 2.7% on net. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Evanston, IL reflects that arc in its own way.

Community

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View Evanston rent history (2015–2026) →
Salary vs rent

Can you afford rent in Evanston on your salary?

At $2,438/mo, how Evanston rent compares to typical pay (30% rule).

By apartment size

Evanston rent by bedroom count

Median rent for each apartment size in Evanston. Click any size for full breakdown.

Local insights

Tips for renters in Evanston

About renting in Evanston, IL

Last updated: October 17, 2026

The median rent in Evanston is $2,438/mo as of October 2026. A studio apartment averages $1,855/mo while a 2-bedroom runs $2,240/mo. One-bedroom apartments average $1,985/mo and 3-bedroom units go for $2,875/mo.

At 30% of local median household income ($96,434/yr), Evanston ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Evanston?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,438/mo in Evanston. The local median household income is $96,434/yr, so the typical household falls short of that bar.

Is rent going up or down in Evanston?

Rent in Evanston has risen 3.6% over the past year as of September 2026. It sits 0.2% below its high of $2,443 in August 2026.

Has rent outpaced income in Evanston?

Yes. From 2019 to 2024, rent in Evanston rose 29.4% while median household income rose 22.2%, from $78,904 to $96,434. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Evanston neighborhoods have the lowest rent?

The most affordable ZIP codes in Evanston are 60202 ($1,966/mo), and 60201 ($2,762/mo). Citywide, the median rent is $2,438/mo.

How does Evanston rent compare to other cities in Illinois?

Evanston is one of the pricier among Illinois cities for rent, ranking #18 of 137 tracked cities at $2,438/mo. Over the year to September 2026, rent in Evanston changed +3.6%, against a typical +4.0% across the 94 Illinois cities Zillow tracks.

Which nearby cities are cheaper to rent in than Evanston?

Nearby cities with lower median rent than Evanston ($2,438/mo) include Skokie ($2,371/mo), and Niles ($2,383/mo).
Income Affordability
30%
MODERATE

At $2,438/mo, rent takes ~30% of Evanston's median household income ($96,434/yr). The standard benchmark is 30%.

Evanston 30%Benchmark 30%
State income tax4.95%
Run the Evanston affordability calculator →
Lowest-rent ZIP codes in Evanston
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Evanston, IL

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