Average Rent in Ravenswood, Chicago, IL

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Current Versus Historical Ravenswood, Chicago, IL Rents

Ravenswood rentals average $1,450 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $1,975, or roughly $31 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $125 (9.43%) year-over-year from $1,325 to $1,450. 1-bedroom rentals prices have increased by $105 (5.85%) year-over-year from $1,795 to $1,900. 2-bedroom rentals prices have increased by $185 (7.36%) year-over-year from $2,515 to $2,700. 3-bedroom rentals prices have decreased by $173 (-4.87%) year-over-year from $3,561 to $3,388. 4-bedroom rentals prices have decreased by $1,667 (-35.71%) year-over-year from $4,667 to $3,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.63% this month. 1-bedroom rents have gone down by 0.35% this month. 2-bedroom rents have gone up by 5.26% this month. 3-bedroom rents have gone down by 1.67% this month. 4-bedroom rents have gone down by 28.85% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$40.56	$1,450	$1,325 (9.43%)	$1,254 (15.61%)
1 BR	$31.36	$1,900	$1,795 (5.85%)	$1,515 (25.41%)
2 BR	$29.63	$2,700	$2,515 (7.36%)	$2,197 (22.91%)
3 BR	$30.85	$3,388	$3,561 (-4.87%)	$2,779 (21.88%)
4+ BR	$27.96	$3,000	$4,667 (-35.71%)	$5,338 (-43.79%)

Historical Rents in Ravenswood, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ravenswood

There are a total of 13 cities nearby Ravenswood. The average rent in Ravenswood is currently $2,350 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,250, is the most affordable city nearby. In contrast, the most expensive city near Ravenswood, Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,750 per month.

Let's compare Ravenswood, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ravenswood, Chicago, IL is 13.36% more expensive than other cities nearby. One bedrooms are about 5.97% more expensive. Two bedrooms in Ravenswood, Chicago, IL are about 14.81% more expensive. Finally, rent for three bedrooms are about 14.85% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Ravenswood, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,023	$1,200	$1,750	$1,250
Cicero, IL	$895	$1,093	$1,675	$1,295
Palatine, IL	N/A	$1,538	$1,975	$1,995
Wheaton, IL	$1,650	$2,126	$2,349	$2,255
Chicago, IL	$1,560	$2,150	$2,495	$2,300
Oak Park, IL	$1,300	$1,750	$2,550	$2,350
Schaumburg, IL	N/A	$2,165	$2,295	$2,350
Skokie, IL	N/A	$1,650	$2,400	$2,500
Evanston, IL	$2,088	$2,200	$2,425	$2,550
Vernon Hills, IL	N/A	$1,900	$2,300	$2,750

Top Neighborhoods Near Ravenswood

There are a total of 29 neighborhoods in or near Ravenswood. Some of these neighborhoods include Englewood, Rogers Park, and South Shore. We've included all of these top 29 neighborhoods in or near Ravenswood, Chicago, IL in the following table.

The average rent for these 29 neighborhoods in or near Ravenswood, Chicago, IL is currently around $2,395 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $2,395. Interestingly, the neighborhoods' average rent is higher than Ravenswood's average rent, which is only $1,975. Out of all the neighborhoods in or near Ravenswood, Englewood has the most affordable average rent at $1,450 per month. Whereas, at $3,550 average rent per month, DePaul is the most expensive neighborhood in or near Ravenswood. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Englewood, Chicago, IL	$1,100	$1,250	$1,400	$1,450
Rogers Park, Chicago, IL	$1,195	$1,450	$1,850	$1,650
South Shore, Chicago, IL	$975	$1,175	$1,550	$1,675
Lawndale, Chicago, IL	N/A	$1,723	$1,750	$1,800
Austin, Chicago, IL	$1,200	$1,025	$1,800	$1,800
Edgewater, Chicago, IL	$1,425	$1,795	$2,500	$1,850
Albany Park, Chicago, IL	$1,463	$1,473	$1,963	$1,900
Uptown, Chicago, IL	$1,295	$1,775	$2,800	$1,900
Bridgeport, Chicago, IL	N/A	$1,638	$2,125	$1,975
West Rogers Park, Chicago, IL	$1,350	$1,563	$1,900	$1,995
Pilsen, Chicago, IL	$1,988	$1,600	$1,973	$1,995
Jefferson Park, Chicago, IL	$1,450	$1,495	$2,100	$2,100
Far East, Aurora, IL	N/A	$1,905	$2,200	$2,202
Hyde Park, Chicago, IL	$1,295	$1,700	$2,090	$2,300
Logan Square, Chicago, IL	$1,595	$2,095	$2,500	$2,395
Humboldt Park, Chicago, IL	$1,675	$1,975	$1,938	$2,395
Bronzeville, Chicago, IL	$1,200	$1,673	$2,365	$2,395
Lakeview, Chicago, IL	$1,570	$2,195	$3,200	$2,395
University Village - Little Italy, Chicago, IL	$850	$2,100	$2,700	$2,600
Lincoln Park, Chicago, IL	$1,750	$2,695	$3,800	$2,723
South Loop, Chicago, IL	$1,721	$2,400	$3,159	$2,800
Roscoe Village, Chicago, IL	N/A	$2,177	$2,800	$2,800
Near North Side, Chicago, IL	$1,950	$2,575	$3,900	$2,800
The Loop, Chicago, IL	$2,138	$2,500	$3,725	$2,934
Wicker Park, Chicago, IL	$2,450	$2,698	$2,800	$3,100
Near West Side, Chicago, IL	N/A	$2,800	$3,700	$3,100
West Town, Chicago, IL	$2,200	$2,267	$2,995	$3,200
Bucktown, Chicago, IL	$2,363	$2,695	$3,535	$3,495
DePaul, Chicago, IL	$1,778	$2,595	$3,500	$3,550

Top Counties Near Ravenswood

There are a total of 28 counties located by Ravenswood, Chicago, IL. Some of these counties include Berwyn, IL, Cicero, IL, and Leyden, IL. The average rent for rentals in these counties is $2,400. That's roughly around $24 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,250. Vice versa, with an average rent of $3,400, New Trier, IL is the most expensive county by Ravenswood, Chicago, IL.

Typically, rent for studios in Ravenswood, Chicago, IL is 20.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Ravenswood, Chicago, IL is 15.58% more expensive than other counties nearby. Finally, rent for two bedrooms in Ravenswood, Chicago, IL is 18.52% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,023	$1,200	$1,750	$1,250
Cicero, IL	$895	$1,093	$1,675	$1,295
Leyden, IL	$1,418	$1,450	$2,150	$2,000
Proviso, IL	$1,160	$1,400	$1,825	$2,025
Chicago, IL	$1,560	$2,150	$2,495	$2,300
Oak Park, IL	$1,300	$1,750	$2,550	$2,350
Maine, IL	$1,195	$1,600	$2,250	$2,500
Evanston, IL	$2,088	$2,200	$2,425	$2,550
Niles, IL	N/A	$1,675	$2,500	$3,000
New Trier, IL	$1,595	$1,885	$2,825	$3,400

Top Zipcodes Near Ravenswood

There are a total of 38 zipcodes in or near Ravenswood, Chicago, IL. The average rent for all of these zipcodes is $2,297. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60402, Berwyn, IL at $1,250 per month. In comparison, the zipcode with the most expensive average rent of $3,250 per month is 60642, Chicago, IL.

Studios in these zipcodes have an average rent of $1,450. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ravenswood, Chicago, IL is $1,812 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,415 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in Ravenswood, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60625, Chicago, IL	$1,395	$1,863	$2,170	$2,017
60640, Chicago, IL	$1,385	$1,825	$2,600	$1,900
60660, Chicago, IL	$1,400	$1,700	$2,495	$1,800
60618, Chicago, IL	$1,450	$1,762	$2,500	$2,500
60659, Chicago, IL	N/A	$1,475	$1,895	$2,100
60613, Chicago, IL	$1,488	$2,150	$3,095	$2,500
60657, Chicago, IL	$1,585	$2,195	$3,245	$2,295
60645, Chicago, IL	$1,350	$1,625	$1,853	$1,895
60626, Chicago, IL	$1,195	$1,425	$1,875	$1,595
60614, Chicago, IL	$1,823	$2,648	$3,748	$2,900

Frequently Asked Questions - Ravenswood Average Rents

What is the average rent price in Ravenswood, Chicago, IL?

The average monthly rental price for Ravenswood, Chicago, IL apartments for rent is approximately $1,975. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Ravenswood, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Ravenswood, Chicago, IL.

How much is a studio apartment in Ravenswood, Chicago, IL?

The average monthly rental price for studio apartments is $1,450 and an average price per square feet of $40.56. There are a total of 46 studio apartment listings currently available for rent in Ravenswood.

How much is a one bedroom apartment in Ravenswood, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,925 and an average price per square feet of $31.36. There are a total of 56 one bedroom apartment listings currently available for rent in Ravenswood.

How much is a two bedroom apartment in Ravenswood, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,700 and an average price per square feet of $29.63. There are a total of 51 two bedroom apartment listings currently available for rent in Ravenswood.

How have rent prices in Ravenswood, Chicago, IL changed this year?

Rent prices for rentals in Ravenswood, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by -0.05% year-over-year.

What is a reasonable rent price in Ravenswood, Chicago, IL?

A reasonable rent price in Ravenswood, Chicago, IL is around $1,580/month. You can search for these reasonably priced rental listings on RentHop.