Cheap Homes for Rent in Downtown Evanston Neighborhood of Evanston, IL from $1,300 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-22, 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. Main Station Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,235. Here are the most affordable Downtown Evanston apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Evanston Neighborhood PropertiesStudioStudio,1BA$1,145
Main Station ApartmentsStudio Floor Plan S1Studio,1BA$1,235
1000 Hinman0BR/1.0BAStudio,1BA$1,295
929 Michigan2BR/1.0BA2BR,1BA$1,895
Maple Grove Apartments1 Bedroom Floor Plan A21BR,1BA$1,967

Best Value Apartments for Rent in Downtown Evanston, IL

As of December 10, 2025 the best value apartment in the Downtown Evanston area is the $1.82 price per square foot 1117 Foster St Model at 1117 Foster St, Unit 1 in the in the Northwestern neighborhood starting from $4,999. The second greatest value Downtown Evanston apartment is the 1025 Sherman Ave Model at 1025 Sherman Ave, Unit CH starting at $4,600 with a $1.84 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.
1117 Foster St, Unit 11117 Foster St6BR,3BA$1.82
1025 Sherman Ave, Unit CH1025 Sherman Ave4BR,2BA$1.84
1310 Hinman Ave, Unit 31310 Hinman Ave3BR,2BA$2.00
910-916 Judson3BR/2.0BA3BR,2BA$1.69
929 Michigan3BR/2.0BA3BR,2BA$1.76
1135-37 Maple Ave.Two Bed / Two Bath 1137 #1E2BR,2BA$2.10
1921 Darrow Ave, Unit 21921 Darrow Ave3BR,1BA$1.89
1116 Ashland Ave, Unit 11116 Ashland Ave2BR,1BA$2.20
1726 Sherman Ave, Unit 11726 Sherman Ave1BR,1BA$2.14
1805 Lyons St, Unit 21805 Lyons St1BR,1BA$1.59

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Evanston, Evanston, IL

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 279 Apartments for Rent in Downtown Evanston, IL with pricing that ranges from $850 to $7,950. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Evanston ranging from $1,350 to $11,750.

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 $1,350 to $11,750 with an average monthly rent of $4,827.

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 $1,980 to $5,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $5,100. Four Bedroom Single-Family rentals are also available starting from $4,600 and Four Bedroom Apartments start at $4,000.

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

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

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.