for-rent

The real estate website Zumper.com says the median rent for a one bedroom apartment in Evanston dropped 2.7 percent last month to $1,420.

That left Evanston unchanged at the seventh most expensive rental neighborhood on Zumper’s list, which covers Evanston and 29 Chicago city neighborhoods, but not any other suburban communities.

Zumper claims to have more than 160 current listings for rental apartments in Evanston and several thousand in Chicago.

The report says rent on a one bedroom apartment has dropped 10 percent in Evanston since last quarter, which may be due to the opening of the E2 development, which has added several hundred new units to the supply.

But Zumper says the price of a two bedroom apartment here has risen 5.6 percent since last month to $1,690 and that’s up 9 percent since last quarter.

Bill Smith is the editor and publisher of Evanston Now.

Leave a comment

The goal of our comment policy is to make the comments section a vibrant yet civil space. Treat each other with respect — even the people you disagree with. Whenever possible, provide links to credible documentary evidence to back up your factual claims.