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Evanston, IL

Full City Profile · Illinois · Lake County County

3.6 /5.0
B+ Good
76,552 Population 9,840/sq mi density
$95,766 Median Income $65,988 per capita
$472,300 Home Value $457,797 Zillow
$1,698 Median Rent 29.7% income on rent
50°F Avg Temperature 260 sunny days/yr
155 Violent Crime/100K 2,616 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$95,766 median income, 4.0% unemployment
B+
Affordability
3.9 / 5.0
$472,300 home value, $1,698/mo rent
F
Safety
1.0 / 5.0
155 violent crimes/100K
A+
Education
5.0 / 5.0
70.3% bachelor's degree or higher

Housing Overview

Median Home Value
$472,300
68% above
US avg: $281,900
Median Rent
$1,698/mo
46% above
US avg: $1,163/mo
Homeownership Rate
55.8%
15% below US avg (65.4%)
Total Housing Units
33,783
Median year built: 1951

Home Value by Source

Census Median
$472,300
Zillow (ZHVI)
$457,797
Median Sale Price
$432,500
Median List Price
$567,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.8%
Owner-Occupied
44.2%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,698/mo · Zillow rent: $2,342/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
46
Price Drops
11.4%
of listings with price reduction
Price Per Sq Ft
$306
Active Inventory
132
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
55.8%

Complete Housing Data

Home Values

Census Median Value$472,300
Zillow Home Value (ZHVI)$457,797
Median Sale Price$432,500
Median List Price$567,500
Price Per Sq Ft$306

Rent

Census Median Rent$1,698
Zillow Rent (ZORI)$2,342
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market65
Sale-to-List Ratio1.0%
Price Drops11.4%
Homes Sold46
Active Inventory132
Price Per Sq Ft$306

Ownership & Stock

Owner-Occupied55.8%
Renter-Occupied44.2%
Homeownership Rate55.8%
Total Housing Units33,783
Median Year Built1951
Rent Burden29.7%