Cheap Apartments for Rent in the Downtown Evanston Neighborhood of Evanston, IL from $800 (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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property at 1313 Oak Ave

$1,750 - $2,195

1 To 2 Bedroom Condos for Rent

Available Now

1313 Oak Ave

EvanstonIL60201
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2017 Ridge Ave
$1,800 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,100
Total Monthly Price
$1,800 - $2,100
2 to 3 Bedroom Apartment Available Now

2017 Ridge Ave

2017 Ridge AveEvanston, IL 60201
Affordability
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Studio unit found at Main Station Apartments priced from $1,366. 1575 Oak has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Downtown Evanston apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Main Station ApartmentsStudio Floor Plan S1Studio,1BA$1,366
1575 OakStudioStudio,1BA$1,395
1410 ChicagoStudioStudio,1BA$1,425
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
BJB Evanston - 1576 OakStudioStudio,1BA$1,495
1500 Chicago AveStudioStudio,1BA$1,500
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
1627-45 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,795

Best Value Apartments for Rent in Downtown Evanston, IL

As of April 29, 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 1124 Maple Ave Model at 1124 Maple Ave, Unit 2 starting at $2,995 with a $2.00 price per square foot in the Southeast Evanston 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
1124 Maple Ave, Unit 21124 Maple Ave3BR,1BA$2.00
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
1125 Davis St./ 1603-11 Ridge Ave.3 Bedroom - 1 Bathroom3BR,1BA$2.26
312 Lee St312 Lee St2BR,1BA$2.03
2200-10 Sherman Ave.2 Bedroom - 1 Bathroom2BR,1BA$2.17
1745 Brown Ave, Unit 1745 brown Unit 11745 Brown Ave2BR,1BA$2.22
1033 Dempster St, Unit A06C1033 Dempster St2BR,1BA$2.11
1627-45 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$2.08
1726 Sherman Ave, Unit 11726 Sherman Ave1BR,1BA$2.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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

3.5
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 $1,795.

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

The cheapest apartment in Downtown Evanston is Main Station Apartments which is listed at $1,578, while the average apartment in Downtown Evanston costs $12,100.

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 1 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 $309 which is $11,791 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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