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Evanston Rent Trends

Chicago, IL · August 2026 · median asking rents from leased listings

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Median asking rent
$2,502
Effective rent
$2,494
Vs. Chicago median
-1%
Avg days to lease
22
Active rentals now
161

Median asking rent over time

$1.8k$2.1k$2.5k$2.9kJul ’23Jan ’24Jul ’24Jan ’25Jul ’25Jan ’26Aug ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,470
— YoY · as of August 2026
1 bedroom
$2,650
— YoY · as of August 2026
2 bedroom
$3,462
— YoY · as of August 2026
3+ bedroom
$2,888
— YoY · as of August 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Evanston renting, answered

What is the average rent in Evanston?
As of August 2026, the median asking rent in Evanston is $2,502 per month, based on 218 leased listings. By size, the median is $2,650 for a 1 bedroom and $3,462 for a 2 bedroom.
Are rents in Evanston going up or down?
Median asking rent in Evanston is down 9.0% compared with a year ago.
Is Evanston more expensive than Chicago overall?
Evanston's median asking rent is 1% below the Chicago citywide median of $2,535.
How quickly do rentals lease in Evanston?
Over the last 90 days, rentals in Evanston leased in an average of 22 days, with 161 active listings on the market right now.

Beyond the numbers

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