Cheap Apartments for Rent in the Downtown Evanston Neighborhood of Evanston, IL from $700 (89 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Evanston area of Evanston.

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1033 Dempster Street
$1,795 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $2,295
Total Monthly Price
$1,795 - $2,295
1 to 2 Bedroom Apartment Available Jul 1

1033 Dempster Street

1033 Dempster StreetEvanston, IL 60201
Affordability

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Downtown Evanston, Evanston, IL Local Guide

Cheapest Available Downtown Evanston Apartments for Rent

 

The cheapest available apartment rental in the Downtown Evanston area of Chicago, IL is a 1 Bed unit found at 1627-45 Ridge Ave. priced from $1,315. 1703-13 Ridge Ave. has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here are the most affordable Downtown Evanston apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1627-45 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$1,315
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
1575 OakStudioStudio,1BA$1,475
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
2212-26 Sherman Ave.1 Bedroom - 1 Bathroom1BR,1BA$1,595
Main Station Apartments1 Bedroom Floor Plan A11BR,1BA$1,631
1410 Chicago1 Bedroom / 1 Bathroom1BR,1BA$1,695
Maple Grove ApartmentsStudio Floor Plan S1Studio,1BA$1,737
620 Church St1BR1BR,1BA$1,825

Best Value Apartments for Rent in Downtown Evanston, IL

As of June 13, 2026 the best value apartment in the Downtown Evanston area is the $2.05 price per square foot 3 Bedroom - 2 Bathroom Model at 1615-25 Ridge Ave. in the in the Northwestern neighborhood starting from $3,150. The second greatest value Downtown Evanston apartment is the 4 Bedroom - 1.5 Bathroom Model at 1703-13 Ridge Ave. starting at $2,595 with a $1.77 price per square foot in the Northwestern neighborhood. Here is today’s list of the best values for Downtown Evanston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$2.05
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
1130 Maple Ave, Unit 31130 Maple Ave3BR,1BA$1.96
1410 Chicago3 Bed / 2 Bath3BR,2BA$2.24
1032 Maple Ave, Unit 21032 Maple Ave3BR,1BA$2.29
2200-10 Sherman Ave.2 Bedroom - 1 Bathroom2BR,1BA$2.17
1500 Chicago Ave2 Bed 1 Bath2BR,1BA$2.45
517 Hamilton St, Unit 1517 Hamilton St2BR,1BA$2.30
2212-26 Sherman Ave.1 Bedroom - 1 Bathroom1BR,1BA$1.85
1627-45 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$1.88

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Evanston, Evanston, IL

Ranked #5

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Evanston, Evanston, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Evanston Apartments

What is a cheap apartment in Downtown Evanston?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Evanston is under $1,825.

What is the price of a cheap apartment in Downtown Evanston?

The cheapest apartment in Downtown Evanston is 1627-45 Ridge Ave. which is listed at $1,315, while the average apartment in Downtown Evanston costs $10,000.

What types of apartments are the cheapest in Downtown Evanston?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 27 regular apartments in Downtown Evanston that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Evanston?

Cheap apartments in Downtown Evanston have an average cost of $894 which is $9,106 cheaper than the average rent for all rentals in Downtown Evanston.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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