Updated 3 Days Ago
Highlights
Pet Friendly
- Shared laundry
- Pet friendly
- Wood floors throughout
Location
550 Elmwood Ave #1, Evanston, IL 60202, USA|Evanston
Tour 550 Elmwood Ave #1
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Property Overview
Pet-friendly living with wood floors throughout and shared laundry offers a convenient, low-maintenance lifestyle at 550 Elmwood Ave #1. Ideal for renters who value character finishes and the warmth of hardwood, along with the flexibility of having pets. Shared building amenities add practicality without sacrificing charm.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Images available
- Outdoor space
Great for
Pet owners
Amenities for 550 Elmwood Ave #1, Evanston
Apartment Amenities
| Balcony | Hardwood Floor |
| Standard Bathroom | Standard Kitchen |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Well Maintained Property |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 550 Elmwood Ave #1
Sweet deal!
This listing is 21% below the median price for 2 bedroom apartments in Evanston.
Spacious 2-bedroom, 1-bath apartment at 550 Elmwood Ave #1 in Evanston. This oversized first-floor unit offers a comfortable layout with wood floors throughout, abundant natural light, and generous room sizes, including a king-sized bedroom. Enjoy added outdoor space with a balcony and strong monthly value with heat, water, and sewer included in the rent. The building is pet friendly and offers shared laundry access, with easy street parking nearby. Located in a convenient southeast Evanston location near Main/Dempster shopping, restaurants, coffee shops, parks, public transportation, Lake Michigan, Northwestern-area access, and everyday conveniences. Apartment Features: 2 bedrooms / 1 bathroom Oversized layout First-floor unit Heat, water sewer included Wood floors throughout Balcony Abundant natural light King-sized bedroom Shared laundry Pet friendly - 35lb Max weight Easy street parking Applicant Requirements: Minimum 650 credit score Monthly income must be at le
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 550 Elmwood Ave #1 compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Evanston |
|---|---|
| Zip code | 60202 |
| Type | Apartment for rent |
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Rent trends in Evanston
2-bedroom apartments at 550 Elmwood Ave #1 cost about 21% less than the average rent price for 2-bedroom apartments in Chicago.
Median rents as of Jul 11 2026.
Evanston
Chicago
| Month | Median Rent |
|---|---|
| July 2024 | $2,850 |
| August 2024 | $2,702 |
| September 2024 | $2,706 |
| October 2024 | $2,704 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,572 |
| Month | Median Rent |
|---|---|
| July 2024 | $2,595 |
| August 2024 | $2,584 |
| September 2024 | $2,507 |
| October 2024 | $2,495 |
| November 2024 | $2,320 |
| December 2024 | $2,180 |
| January 2025 | $2,182 |
| February 2025 | $2,295 |
| March 2025 | $2,310 |
| April 2025 | $2,400 |
| May 2025 | $2,330 |
| June 2025 | $2,398 |
| July 2025 | $2,401 |
| August 2025 | $2,488 |
| September 2025 | $2,475 |
| October 2025 | $2,418 |
| November 2025 | $2,286 |
| December 2025 | $2,295 |
| January 2026 | $2,264 |
| February 2026 | $2,271 |
| March 2026 | $2,452 |
| April 2026 | $2,226 |
| May 2026 | $2,335 |
| June 2026 | $2,296 |
| July 2026 | $2,357 |
Affordability calculator
Can I afford to live at 550 Elmwood Ave #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$73,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $73,000 annually to afford this 2-bedrooms monthly rent price of $1,825.
For more information on rent affordability, visit our rent calculator.
Schools near 550 Elmwood Ave #1
Oakton Elementary School
436 ridge ave
evanston, IL, 60202
K-5Public
B
Baby Toddler Nursery
2200 main st
evanston, IL, 60202
PKPublic
Joseph E. Hill Education Center
1500 mcdaniel ave
evanston, IL, 60201
PKPublic
East Prairie Elementary School
7616 e prairie rd
skokie, IL, 60076
PK, K-8Public
A
Albany Park Community Center
5101 n kimball ave 1
chicago, IL, 60625
PKPublic
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Internet available near 550 Elmwood Ave #1
Neighborhood
Evanston | Chicago, IL
Getting around Evanston near 550 Elmwood Ave #1
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 550 Elmwood Ave #1, Evanston
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 550 Elmwood Ave #1
JD Mill Natural Foods
635 Chicago Ave
Evanston Main Foods
835 Main St
Paulina Super Market Inc
7622 N Paulina St
Jewel-Osco
1128 Chicago Ave
Trader Joe's
1211 Chicago Ave
Key Club Cleaners
433 Asbury Ave
Marie Parie Boutique
508 Main St
Junior League of Evanston
920 Chicago Ave
Exclusive Boutique Inc
2051 W Howard St
Offical Zay 18
828 Florence Ave
Dollop Coffee & the Hoosier Mama Pie Company
749 Chicago Ave
Reprise Coffee Roasters
710 Main St
Dunkin'
7578 N Western Ave
Dunkin'
7553 N Paulina St
Starbucks
1763 W Howard St
Fire House Grill
750 Chicago Ave
Sketchbook Brewing Co
821 Chicago Ave
Ward Eight
629 Howard St
Everybody's Place to Drink
2335 W Howard St
Candlelite Chicago
7452 N Western Ave
Sweet Temptations Bake Shop
607 Howard St
Village Farmsta Village Farmstand
810 Dempster St
Bagel Art Cafe
615 Dempster St
Homestead Meats
1305 Chicago Ave
Noir Dg+B+Ne Chocolat Et P+Tisserie
1309 Chicago Ave
Ridgeville Park
Sargent Park
Barton Park
Reba Park
Playground
Hunan Spring
635 Chicago Ave
YoFresh Cafe
635 Chicago Ave
Little Beans Cafe & Playspace
430 Asbury Ave
Fire House Grill
750 Chicago Ave
Dollop Coffee & the Hoosier Mama Pie Company
749 Chicago Ave
Ridge / Seward
Central / Ridge, Evanston Circulator
Ridge / Seward
Central / Ridge, Evanston Circulator
Ridge / Oakton
Evanston Circulator, Central / Ridge
Ridge / Oakton
Central / Ridge, Evanston Circulator
Ridge / Austin
Evanston Circulator, Central / Ridge
Main St.
Union Pacific North
Rogers Park
Union Pacific North
Evanston (Davis St.)
Union Pacific North
Central St.
Union Pacific North
Wilmette
Union Pacific North
South Boulevard
Purple Line, Purple Line, Purple Line, Purple Line
Main
Purple Line, Purple Line, Purple Line, Purple Line
Howard
Purple Line, Purple Line, Purple Line, Purple Line, Yellow Line, Yellow Line, Red Line, Red Line
Dempster
Purple Line, Purple Line, Purple Line, Purple Line
Jarvis
Red Line, Red Line
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