Evanston, Illinois Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 30, 2023
Evanston Short-Term Rental Regulations
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Short Term City Rating6.5
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Competition
7.0 -
Real Estate Cost
7.4 -
STR Regulations
N/A -
Seasonality
6.5 -
Rental Rates
5.2
Evanston, Illinois Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 78,110
- STR License Required
- No
- Tourist Season
- May to September
- County
- Cook
- Airports
- O'Hare International Airport (ORD)
- Midway International Airport (MDW)
Want to learn more about Evanston?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Evanston rental analytics guide if you're interested in data on the Evanston rental market.
Review the popular activities that hosts include in their property positing in Evanston.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Evanston guests.
Interested in other Illinois cities?
Check out the Illinois Airbnb rules directory
What makes Evanston a great place to invest?
- Proximity to Chicago: Evanston is just 12 miles north of downtown Chicago, making it a convenient base for visitors who want to explore the Windy City while staying in a quieter, more relaxed environment. With easy access to public transportation, guests can enjoy the best of both worlds.
- Educational Institutions: Home to the prestigious Northwestern University, Evanston attracts students, academics, and visitors from around the world. This creates a steady demand for short-term rentals throughout the year.
- Beautiful Beaches: Evanston boasts several beautiful beaches along the Lake Michigan shoreline. During the summer months, these beaches are a popular destination for both locals and visitors looking to relax, swim, and enjoy water sports.
- Diverse Dining Options: Evanston is known for its diverse and delicious dining options. From gourmet restaurants to casual cafes, the city offers a wide variety of culinary experiences that attract food lovers from near and far.
- Rich History and Architecture: Evanston has a rich history and is home to many well-preserved historic buildings and landmarks. Visitors often enjoy exploring the city's architectural treasures, which include the Charles Gates Dawes House, the Frances Willard House Museum, and the Northwestern University campus.
Evanston Nearby Cities
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- Rating: 6.6
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- Rating: 5.2
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Local Real Estate
How expensive is the real estate in Evanston?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Evanston has increased 0% over the past year, and the average price per square foot is $246, which is lower than the national average.
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Median Sale Price
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$381,304
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Median per Square Foot
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$246
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Average Monthly Rent
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$1,764
The most common terms hosts include in their listings for Evanston, Illinois
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Evanston has a description approximately 1,485 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 1,653 listings in Evanston, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Chicago, Place, City, Block, Comfortable, Walking, Downtown, Beautiful, Spacious, and Easy.
What are the most popular tourist activities in Evanston?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Evanston involve Museums, the City Centre, Adventure Activities, Outlet Shopping, and the Health Spa. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Museums
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City Centre
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Adventure Activities
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Outlet Shopping
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Health Spa
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Cycling
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Beach
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Zoo
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Swimming
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Boating
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Antiquing
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Marina
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Evanston, including Wrigley Field, Millennium Park, Willis Tower, Art Institute of Chicago, and Donald E. Stephens Convention Center. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Regional Landmark
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Allstate Arena
Included on 80% of listings
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Regional Landmark
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Rosemont Theatre
Included on 80% of listings
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Well Known Attraction
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Donald E. Stephens Convention Center
Included on 69% of listings
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Regional Landmark
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Rivers Casino
Included on 67% of listings
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Well Known Attraction
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Northwestern University
Included on 66% of listings
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Well Known Attraction
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Loyola University Chicago
Included on 65% of listings
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Regional Landmark
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Northwestern Memorial Hospital
Included on 58% of listings
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Well Known Attraction
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Wrigley Field
Included on 57% of listings
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Well Known Attraction
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Willis Tower
Included on 57% of listings
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Well Known Attraction
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Millennium Park
Included on 56% of listings
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Well Known Attraction
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Art Institute of Chicago
Included on 55% of listings
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Regional Landmark
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Water Tower Place
Included on 53% of listings
What’s the weather like in Evanston, Illinois?
The weather is generally milder than the national average, with an average high temperature of around 58°, while the average low is about 44°. The rainfall is much heavier, averaging about 30 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 12 inches per year. The humidity levels in Evanston are generally lower than the national average, and the city tends to be a bit cloudy for most of the year.
Winter
December through February
24° Low 36° High
Spring
March through May
43° Low 57° High
Summer
June through August
66° Low 80° High
Fall
September through November
45° Low 61° High
Cities Near Evanston
Evanston, Illinois, is located in Cook County. Some cities that are located nearby include: