2026 Affordability Data
Most Affordable Neighborhoods in Evanston - 2026 Data
The median home value in Evanston is $198,000, 30% below nat'l avg. Median rent is $1,087/month. With an affordability index of 111, Evanston is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Evanston, WY area.
Key Takeaways: Affordability in Evanston
- 1The most affordable neighborhood in Evanston is Cheyenne, with a median home value of $270,000.
- 2Evanston's median home value is $198,000, 30% below nat'l avg (national: $281,900).
- 3Evanston's affordability index is 111 (baseline 100), making it more affordable than the national average.
- 4Median rent in Evanston is $1,087/month, 7% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Evanston to find the most affordable areas based on home values, rent, and affordability index.
Evanston Affordability Overview
Median Home Value
$198,000
30% below nat'l avg
Median Rent
$1,087/mo
7% below nat'l avg
Median Income
$70,825
5% below nat'l avg
Affordability Index
111
11% above nat'l avg
Most Affordable Neighborhoods in Evanston (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CheyenneWY | $270,000 |
| 2 | Green RiverWY | $244,600 |
| 3 | JacksonWY | $921,100 |
| 4 | RivertonWY | $194,600 |
| 5 | Rock SpringsWY | $243,100 |
| 6 | CodyWY | $301,900 |
| 7 | SheridanWY | $287,400 |
| 8 | CasperWY | $242,800 |
| 9 | GilletteWY | $242,900 |
| 10 | LaramieWY | $274,800 |
| 11 | NewcastleWY | $178,900 |
| 12 | TorringtonWY | $182,600 |
| 13 | MillsWY | $150,500 |
| 14 | WheatlandWY | $223,300 |
| 15 | DouglasWY | $231,200 |
Detailed Neighborhood Profiles
Home Value: $270,000
Rent: $998/mo
Affordability: 112
Population: 65,132
Walk Score: 69/100
Home Value: $244,600
Rent: $1,087/mo
Affordability: 111
Population: 11,772
Home Value: $921,100
Rent: $1,087/mo
Affordability: 111
Population: 10,748
4
Home Value: $194,600
Rent: $1,087/mo
Affordability: 111
Population: 10,733
5
Home Value: $243,100
Rent: $1,087/mo
Affordability: 111
Population: 23,361
6
Home Value: $301,900
Rent: $1,087/mo
Affordability: 111
Population: 10,081
7
Home Value: $287,400
Rent: $1,087/mo
Affordability: 111
Population: 18,807
8
Home Value: $242,800
Rent: $1,087/mo
Affordability: 111
Population: 58,631
9
Home Value: $242,900
Rent: $900/mo
Population: 33,158
10
Home Value: $274,800
Rent: $929/mo
Population: 31,735
11
Home Value: $178,900
Rent: $743/mo
Population: 3,380
12
Home Value: $182,600
Rent: $742/mo
Population: 6,161
13
Home Value: $150,500
Rent: $882/mo
Population: 4,218
14
Home Value: $223,300
Rent: $699/mo
Population: 3,575
15
Home Value: $231,200
Rent: $877/mo
Population: 6,356
Frequently Asked Questions About Affordability in Evanston
What is the most affordable neighborhood in Evanston, WY?▾
Based on 2026 data, Cheyenne is the most affordable neighborhood in Evanston with a median home value of $270,000. Kurby analyzed 15 neighborhoods in the Evanston area to compile these rankings.
What is the median home price in Evanston, WY?▾
The median home price in Evanston is $198,000, which is 30% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Evanston affordable compared to the national average?▾
Evanston has an affordability index of 111, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Evanston, WY?▾
The median monthly rent in Evanston is $1,087. This is 7% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Evanston?▾
The median household income in Evanston is $70,825 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Evanston are below the national average home price?▾
12 out of 15 ranked neighborhoods in Evanston have a median home value below the national average of $281,900. The most affordable is Cheyenne at $270,000 (Source: Kurby, 2026).