ZIP Code · IL

ZIP 60202

Part of Evanston, IL

Pop. 32,341·Cook County·97th most expensive ZIP in Illinois

Median rent (all units)

$1,966/mo

Year-over-Year

+4.5%

Month-over-Month

Stable

vs US Median

+$34

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60202 · $1,966

More expensive than 60% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,800

1 BR

$1,930

2 BR

$2,170

3 BR

$2,790

4 BR+

$3,230

Research median

$2,170/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 60202 usually run 1.2% below trend in January and 1.3% above it in September, about $49 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 60202 is 0% below its high of $1,966 in July 2026, at $1,966 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 60202 changed +4.5% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 60202 rose 31.3% while median household income rose 24.6% ($79,414 to $98,989). Rent outpaced income.

Since before the pandemic

Rent in ZIP 60202 is 41.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

What a typical income covers

30% of the median household income ($98,989) is $2,475 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,170); a 3-bedroom is $2,790.

Cheaper nearby

ZIP 60626, 2 miles away, rents for 13% less ($1,720/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60202. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,592/yr

At $1,966/mo median

Location

CityEvanston

StateIL

CountyCook County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.5% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 60202 (Evanston, IL) is majority owner-occupied, has a median income above the national average, 64.9% of residents hold a bachelor's degree or higher.

Population

32,341

Median income

$98,989

Median age

41.6

Renters

41.9%

Age distribution

20.3%

20.9%

27.8%

14.8%

16.1%

Under 1820.3%

18–3420.9%

35–5427.8%

55–6414.8%

65+16.1%

Gender

46.3%

53.7%

Male46.3%

Female53.7%

Race & ethnicity

55.6%

18.6%

14.3%

White55.6%

Black18.6%

Hispanic14.3%

Asian7.8%

Other3.8%

Education (25+)

19.1%

64.9%

No HS diploma4%

HS diploma11.9%

Some college19.1%

Bachelor's+64.9%

Housing tenure

58.1%

41.9%

Owner58.1%

Renter41.9%

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

2021 vs 2026

How ZIP 60202 in Evanston, IL has changed in 5 years

Rent

$1,398 → $1,966

up 40.6%

Income

$92,433 → $98,989

up 7.1%

Population

34,793 → 32,341

down 7.0%

Renter share

44.5% → 41.9%

-2.6 pts

Bachelor's+

63.8% → 64.9%

+1.1 pts

Median age

40.3 → 41.6

+1.3 yrs

The median rent in ZIP 60202 in Evanston, IL stood at $1,398 in 2021 and currently runs about $1,966, reflecting a 40.6% increase over the period. Local incomes tracked alongside that move, going from a median of $92,433 in 2021 to $98,989 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 7.0% since 2021, moving from about 34,793 residents to roughly 32,341. Renters now make up 41.9% of households, compared with 44.5% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 60202 in Evanston, IL market of 2021.

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About renting in ZIP 60202

Last updated: October 17, 2026

ZIP code 60202 covers Evanston, IL. The median rent here is $1,966/mo as of October 2026. A 1-bedroom rents for a median of $1,930/mo. A 2-bedroom rents for a median of $2,170/mo.

At 24% of local median household income ($98,989/yr), ZIP 60202 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60202?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,966/mo in ZIP 60202. The local median household income is $98,989/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60202?

Rent in ZIP 60202 has risen 4.5% over the past year as of September 2026. It sits 0% below its high of $1,966 in July 2026.

When is the cheapest time to rent in ZIP 60202?

Asking rents in ZIP 60202 are usually lowest in January, about 1.2% below their yearly trend, and highest in September, about 1.3% above it. At today's median that is a gap of roughly $49 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 60202?

Yes. From 2019 to 2024, rent in ZIP 60202 rose 31.3% while median household income rose 24.6%, from $79,414 to $98,989. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 60202 compare to other ZIPs in Illinois?

ZIP 60202 is in the middle among Illinois ZIP codes for rent, ranking #97 of 227 at $1,966/mo. Over the year to September 2026, rent in ZIP 60202 changed +4.5%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.