Evanston Housing Statistics
The average rates for rentals in Evanston in 2003 were:
| Studio: | $740 | 1 BR: | $925 | |
| 2 BR: | $1,125 | 3 BR: | $1,925 |
The median selling price of a home in 2004 was $383,000.
Evanston's Housing Gap
- Under HUD guidelines, a 2 BR apartment (including utilities)
would be barely affordable for a household with an income of $43,000.
- Under HUD guidelines, a family with a household income
of less than $78,000 could not afford to buy an average home.
-
25% of homeowners and 40% of renters are currently paying more than 30% of their income on housing.