Cheap Apartments for Rent in the Downtown Evanston Neighborhood of Evanston, IL from $960 (54 Rentals)

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

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

property at 1239 Chicago Ave
$1,915

Total Monthly Price

Base Rent$1,915

Total Monthly Price$1,915
Studio, 1 Bath Condo for Rent
Available Now
Affordability

1239 Chicago Ave, Unit 8

1239 Chicago Ave
EvanstonIL60202
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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1314 Oak Ave, Unit J02W
$2,050

Total Monthly Price

Base Rent$2,050

Total Monthly Price$2,050
2 Bedroom Apartment Available Now

1314 Oak Ave, Unit J02W

1314 Oak AveEvanston, IL 60201
Affordability
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The Oak Crest
Studio to 2 Bedroom Apartments

The Oak Crest

1570 Oak AveEvanston, IL 60201
  • Utilities Included
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996-1012 Main St
Studio to 2 Bedroom Apartments

996-1012 Main St

996-1012 Main StEvanston, IL 60202
  • Utilities Included
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860 Hinman
Studio to 1 Bedroom Apartments

860 Hinman

860 Hinman AveEvanston, IL 60202
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The Stewart
Studio to 1 Bedroom Apartments

The Stewart

1311 Chicago AveEvanston, IL 60201
  • Utilities Included
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1419 Washington St
1 Bedroom Apartments

1419 Washington St

1419 Washington StEvanston, IL 60202
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1303 Maple
Studio to 3 Bedroom Apartments

1303 Maple

1301-1311 Maple AveEvanston, IL 60201
  • Utilities Included
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617 Grove
Studio to 1 Bedroom Apartments

617 Grove

617-625 Grove StEvanston, IL 60201
  • Utilities Included
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1233 Chicago Ave
1 to 2 Bedroom Apartments

1233 Chicago Ave

1233 Chicago AveEvanston, IL 60202
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941 Chicago Ave
Studio to 2 Bedroom Apartments

941 Chicago Ave

941 Chicago AveEvanston, IL 60202
  • Utilities Included
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Sure Man, LLC
Studio to 2 Bedroom Apartments

Sure Man, LLC

834 Sherman AveEvanston, IL 60202
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1000 Hinman
Studio to 2 Bedroom Apartments

1000 Hinman

1000-1010 Hinman AveEvanston, IL 60202
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905-915 Elmwood
Studio to 2 Bedroom Apartments

905-915 Elmwood

905-915 ElmwoodEvanston, IL 60202
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908-922 Main Street
1 to 2 Bedroom Apartments

908-922 Main Street

908-922 Main StEvanston, IL 60202
  • Utilities Included
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2146 Sherman Ave
2 Bedroom Apartments

2146 Sherman Ave

2146 Sherman AveEvanston, IL 60201
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Link Evanston
Studio to 3 Bedroom Apartments

The Link Evanston

811 Emerson StEvanston, IL 60201
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828 Lofts
Studio to 3 Bedroom Apartments

828 Lofts

828 Noyes StEvanston, IL 60201
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1019-1021 Dempster St
4 Bedroom Apartments

1019-1021 Dempster St

1019-1021 Dempster StEvanston, IL 60201
  • Utilities Included
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2002 Emerson St
1 to 2 Bedroom Apartments

2002 Emerson St

2002 Emerson StEvanston, IL 60201
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The Merion
Studio to 2 Bedroom Apartments

The Merion

1605-1617 Chicago AveEvanston, IL 60201
Senior Living
  • Utilities Included
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914 Crain St.
1 to 3 Bedroom Apartments

914 Crain St.

914 Crain StEvanston, IL 60202
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1616 Hinman Ave
2 to 3 Bedroom Apartments

1616 Hinman Ave

1616 Hinman AveEvanston, IL 60201
  • Utilities Included
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1243-1249 Judson Ave
2 to 3 Bedroom Apartments

1243-1249 Judson Ave

1243-1249 Judson AveEvanston, IL 60202
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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 233 - *Oak-Crain Property* priced from $1,350. 722 Clark St. has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Downtown Evanston apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
233 - *Oak-Crain Property*1 Bedroom/1 Bathroom1BR,1BA$1,350
722 Clark St.StudioStudio,1BA$1,350
Main Station Apartments1 Bedroom Floor Plan A11BR,1BA$1,513
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
620 Church St1BR1BR,1BA$1,825
914 Crain St.Two Bedroom Rear2BR,1BA$2,250
1703-13 Ridge Ave.3 Bedroom - 1 Bathroom3BR,1BA$2,250

Best Value Apartments for Rent in Downtown Evanston, IL

As of September 12, 2026 the best value apartment in the Downtown Evanston area is the $1.55 price per square foot 1031 Wesley Ave Model at 1031 Wesley Ave, Unit 1 in the in the Evanston neighborhood starting from $3,100. The second greatest value Downtown Evanston apartment is the 4 Bedroom - 2 Bathroom Model at 1125 Davis St./ 1603-11 Ridge Ave. starting at $2,750 with a $1.51 price per square foot in the 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.
1031 Wesley Ave, Unit 11031 Wesley Ave3BR,2BA$1.55
1125 Davis St./ 1603-11 Ridge Ave.4 Bedroom - 2 Bathroom4BR,2BA$1.51
1411 Emerson St, Unit 21411 Emerson St4BR,2BA$1.81
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$1.97
2030 Greenwood StTwo Bedroom2BR,2BA$2.25
1327 Chicago Ave, Unit 5021327 Chicago Ave2BR,2BA$2.43
Maple Grove Apartments2 Bedrooms Floor Plan B12BR,2BA$2.39
1026 Dewey Ave, Unit 21026 Dewey Ave3BR,1BA$2.25
914 Crain St.Two Bedroom Rear2BR,1BA$2.25
1314 Oak Ave, Unit J02W1314 Oak Ave2BR,1BA$2.28

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 #2

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $2,250.

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

The cheapest apartment in Downtown Evanston is 233 - *Oak-Crain Property* which is listed at $1,350, while the average apartment in Downtown Evanston costs $2,912.

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 45 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 $910 which is $2,002 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.

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