
Cheap Homes for Rent in the Downtown Evanston Neighborhood of Evanston, IL from $1,400 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Evanston area of Evanston.


911 Elmwood Ave, Unit J1

1608 Greenleaf St

905 Elmwood Ave, Unit 11-N3

1452 Oak Ave, Unit 54-G
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

1505.5 Maple Ave

905 Elmwood Ave, Unit 07-D1

905 Elmwood Ave, Unit 09-F2

805 Dempster St

905 Elmwood Ave, Unit 13-C3
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805 Dempster St, Unit W4

1806 Colfax St

1408 Hinman Ave, Unit 1W

1312 Oak Ave, Unit B3

1834 Ridge Ave
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1927 Sherman Ave, Unit #3

949 Sherman Ave, Unit 1
Downtown Evanston, Evanston, IL Local Guide

How much does it cost to rent a home in Downtown Evanston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Evanston 2 Bedroom Homes for Rent | $2,631 | $1,500 | $3,600 |
| Downtown Evanston 3 Bedroom Homes for Rent | $4,325 | $2,300 | $10,000+ |
| Downtown Evanston 4 Bedroom Homes for Rent | $4,966 | $3,500 | $7,200 |
| Downtown Evanston 5 Bedroom Homes for Rent | $7,093 | $4,500 | $10,000+ |
| Downtown Evanston 6 Bedroom Homes for Rent | $12,250 | $10,000 | $10,000+ |
| Downtown Evanston 7 Bedroom Homes for Rent | $11,900 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Downtown Evanston Neighborhood of Evanston, IL.
Explore Evanston
Downtown Evanston, Evanston, IL Local Guide
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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 722 Clark St. priced from $1,350. 1000 Hinman 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 722 Clark St. | Studio | Studio,1BA | $1,350 |
| 1000 Hinman | 0BR/1.0BA | Studio,1BA | $1,395 |
| 1703-13 Ridge Ave. | 2 Bedroom - 1 Bathroom | 2BR,1BA | $1,450 |
| 1576 Oak | Studio | Studio,1BA | $1,575 |
| Evanston Neighborhood Properties | Studio | Studio,1BA | $1,595 |
Best Value Apartments for Rent in Downtown Evanston, IL
As of August 06, 2026 the best value apartment in the Downtown Evanston area is the $1.35 price per square foot 2123 Wesley Ave Model at 2123 Wesley Ave, Unit First floor in the in the Evanston neighborhood starting from $2,700. The second greatest value Downtown Evanston apartment is the 1031 Wesley Ave Model at 1031 Wesley Ave, Unit 1 starting at $3,100 with a $1.55 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2123 Wesley Ave, Unit First floor | 2123 Wesley Ave | 3BR,1BA | $1.35 |
| 1031 Wesley Ave, Unit 1 | 1031 Wesley Ave | 3BR,2BA | $1.55 |
| 1411 Emerson St | 1411 Emerson St | 4BR,2BA | $1.81 |
| 1235 Ridge Ave, Unit Coach House Apartment | 1235 Ridge Ave | 4BR,1.5BA | $2.19 |
| 2018 Lake St | 2018 Lake St | 3BR,2BA | $2.25 |
| 1703-13 Ridge Ave. | 4 Bedroom - 1.5 Bathroom | 4BR,1.5BA | $1.77 |
| 1134 Maple Ave, Unit 2 | 1134 Maple Ave | 3BR,1BA | $2.29 |
| 2030 Greenwood St | Two Bedroom | 2BR,2BA | $2.38 |
| 312 Lee St | 312 Lee St | 2BR,1BA | $2.29 |
| 1726 Sherman Ave, Unit #2 | 1726 Sherman Ave | 1BR,1BA | $2.14 |
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 ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Evanston, Evanston, IL
Ranked #4
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Evanston, Evanston, IL
Evanston Twp High School
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 280 Apartments for Rent in Downtown Evanston, IL with pricing that ranges from $1,250 to $10,583. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Evanston ranging from $1,495 to $12,250.
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 $1,495 to $12,250 with an average monthly rent of $3,020.
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 $2,395 to $5,947, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,295.
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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