Evanston, Illinois is a bustling college town in the northern suburbs of Chicago, situated along the shores of Lake Michigan. The city is known for its vibrant and diverse population, excellent public schools, and vibrant rental market.
The rental market in Evanston is quite robust, with a wide variety of apartments, townhomes, and single-family homes available for rent. The average cost of a one-bedroom apartment in Evanston is around $1,500 per month, while two-bedroom units are approximately $2,000 per month. Prices tend to be higher in the more popular neighborhoods, such as the neighborhoods near Northwestern University and downtown Evanston.
Evanston is home to some of the best public schools in the nation, with several public high schools, elementary schools, and middle schools ranked in the top 10 in Illinois. The city also has excellent private schools, including the prestigious Evanston Township High School.
Evanston has a wide variety of neighborhoods to choose from, ranging from the bustling downtown area to the more quiet residential areas. Some of the most popular neighborhoods include Downtown Evanston, Central Street, and Sheridan Road. Each of these neighborhoods offer a unique blend of amenities, such as shopping, dining
The average rental price of an apartment, townhouse, condo, loft, and single family home in Evanston, IL varies depending on the size and location. According to Zillow, the median rental price for an apartment is $1,400, a townhouse is $1,675, a condo is $1,450, a loft is $1,550, and a single family home is $2,100.
Rental prices in Evanston, IL have steadily increased over the past five years. According to RentCafe.com, the average rent for a one-bedroom apartment in Evanston in January 2016 was $1,332. By January 2021, the average rent had increased by 28.6%, to $1,715. Two-bedroom apartment rents increased by 30.9% over the same period, from $1,482 in January 2016 to $1,937 in January 2021.
The median rental price for 1-bedroom apartments in Evanston, IL is $1,525 per month, for 2-bedroom apartments it is $1,945 per month, and for 3-bedroom apartments it is $2,395 per month.
Evanston, IL is a fairly affluent city with a median household income of over $87,000, which is significantly higher than the national average. It is also a highly educated city, with over 80% of adults having at least a bachelor's degree. This is significantly higher than the national average, which is only 30%.
School districts in Evanston are also generally well-funded and highly ranked. According to Niche, the average school district in Evanston scores an A+ for academics and an A for resources, both of which are higher than the national average. Furthermore, the Evanston/Skokie School District was ranked the 4th best school district in the state of Illinois by US News & World Report. This is significantly higher than the national average.
Evanston/Skokie Community Consolidated District 65 (Cook County)
Evanston Township High School District 202 (Cook County)
New Trier Township High School District 203 (Cook County)
Winnetka Public Schools District 36 (Cook County)
North Shore School District 112 (Lake County)
1. Downtown Evanston
2. Central Street
3. South Evanston
4. Northwestern University
5. Ridge Avenue/Central Park
1. Central Street Corridor
2. Sherman Avenue
3. Highlands/Ridge
4. Ridge Avenue
5. Main-Chicago Avenue