Cheap Homes for Rent in Downtown Evanston Neighborhood of Evanston, IL from $1,000 (21 Rentals)

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

property at 1452 Oak Ave

1452 Oak Ave

EvanstonIL60201

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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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Showing Results 1-21, Page 1 of 1

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 Evanston Neighborhood Properties priced from $1,145. 1000 Hinman has the second lowest priced unit, which is a Studio apartment currently listed from $1,345. Here are the most affordable Downtown Evanston apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Evanston Neighborhood PropertiesStudioStudio,1BA$1,145
1000 Hinman0BR/1.0BAStudio,1BA$1,345
Main Station Apartments1 Bedroom Floor Plan A11BR,1BA$1,375
910-916 Judson1BR/1.0BA1BR,1BA$1,445
929 Michigan2BR/1.0BA2BR,1BA$1,995

Best Value Apartments for Rent in Downtown Evanston, IL

As of October 25, 2025 the best value apartment in the Downtown Evanston area is the $2.06 price per square foot 2018 Lake St Model at 2018 Lake St, Unit Apt 2 in the in the Downtown Evanston neighborhood starting from $3,300. The second greatest value Downtown Evanston apartment is the 3BR/2.0BA Model at 910-916 Judson starting at $2,645 with a $1.79 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.
2018 Lake St, Unit Apt 22018 Lake St3BR,2BA$2.06
910-916 Judson3BR/2.0BA3BR,2BA$1.79
929 Michigan3BR/2.0BA3BR,2BA$1.79
519 Hamilton St519 Hamilton St3BR,2BA$2.14
1133 Oak Ave, Unit 1135-E21133 Oak Ave2BR,1BA$2.13
1306 Hinman Ave, Unit A1306 Hinman Ave2BR,1BA$2.25
1310 Hinman Ave, Unit 2r1310 Hinman Ave1BR,1BA$1.67
1312 Oak, Unit M06B1312 Oak2BR,1BA$2.50
1726 Sherman Ave, Unit 11726 Sherman Ave1BR,1BA$2.14
Main Station Apartments1 Bedroom Floor Plan A11BR,1BA$2.50

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #6

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 Downtown Evanston

What type of rentals are currently available in Downtown Evanston?

There are currently 268 Apartments for Rent in Downtown Evanston, IL with pricing that ranges from $850 to $13,150. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Evanston ranging from $1,095 to $8,000.

What is the current price range for Rental Homes in Downtown Evanston?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Evanston ranges from $1,095 to $8,000 with an average monthly rent of $4,162.

How much are larger Three and Four Bedroom Rentals in Downtown Evanston?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Evanston range from $2,050 to $5,126, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $5,100. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $4,326.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.