The Most Affordable Neighborhoods in South Evanston, Evanston, IL by Home Value

 

South Evanston, Evanston, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Evanston area can be challenging. Home prices in South Evanston are now at a median cost of $451,496, higher than the Evanston average of $445,862.

The average cost of rent is $1,535/mo in South Evanston, primarily driven by the current value of real estate in the South Evanston area. While nearly 33.32% of residents own their homes outright in South Evanston, 48.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Evanston is $8,067 per month. Households that rent pay about 19.02% of their income on rent here. South Evanston's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.


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