Average Rent in Ravenswood, Chicago, IL

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Current Versus Historical Ravenswood, Chicago, IL Rents

Ravenswood rentals average $1,550 for a studio rental to $5,050 for a 4-bedroom rental. The median price of all currently available listings is $2,250, or roughly $33 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $264 (20.54%) year-over-year from $1,286 to $1,550. 1-bedroom rentals prices have increased by $219 (12.48%) year-over-year from $1,756 to $1,975. 2-bedroom rentals prices have increased by $447 (19.87%) year-over-year from $2,248 to $2,695. 3-bedroom rentals prices have increased by $662 (17.31%) year-over-year from $3,824 to $4,486. 4-bedroom rentals prices have increased by $2,517 (60.16%) year-over-year from $4,183 to $6,700. 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 up by 4.97% this month. 1-bedroom rents have gone up by 1.37% this month. 2-bedroom rents have gone up by 4.09% this month. 3-bedroom rents have gone up by 4.85% this month. 4-bedroom rents have gone up by 35.36% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$33.60	$1,550	$1,286 (20.54%)	$1,187 (30.54%)
1 BR	$30.81	$1,975	$1,756 (12.48%)	$1,544 (27.93%)
2 BR	$32.54	$2,695	$2,248 (19.87%)	$2,122 (27.02%)
3 BR	$33.65	$4,486	$3,824 (17.31%)	$2,867 (56.49%)
4+ BR	$27.66	$6,700	$4,183 (60.16%)	$7,475 (-10.37%)

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 $2,400 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Elgin, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Ravenswood, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 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 16.13% more expensive than other cities nearby. One bedrooms are about 5.15% more expensive. Two bedrooms in Ravenswood, Chicago, IL are about 16.98% more expensive. Finally, rent for three bedrooms are about 32.10% 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
Oak Park, IL	$1,929	$2,419	$2,150	$2,119
Palatine, IL	$1,300	$1,500	$2,050	$2,300
Skokie, IL	$1,150	$2,300	$2,200	$2,400
Schaumburg, IL	N/A	$2,233	$2,325	$2,400
Wheaton, IL	$1,425	$1,850	$2,533	$2,411
Vernon Hills, IL	$2,074	$2,234	$2,100	$2,481
Evanston, IL	$2,110	$1,795	$2,395	$2,500
Chicago, IL	$2,140	$2,576	$3,048	$2,575
Arlington Heights, IL	$1,200	$2,000	$2,225	$2,600
Naperville, IL	N/A	$1,625	$2,350	$2,900

Top Neighborhoods Near Ravenswood

There are a total of 29 neighborhoods in or near Ravenswood. Some of these neighborhoods include South Shore, Edgewater, and Austin. 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 $2,412 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $2,412. Interestingly, the neighborhoods' average rent is higher than Ravenswood's average rent, which is only $2,250. Out of all the neighborhoods in or near Ravenswood, South Shore has the most affordable average rent at $1,575 per month. Whereas, at $3,952 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
South Shore, Chicago, IL	$995	$1,200	$1,450	$1,575
Edgewater, Chicago, IL	$1,364	$1,600	$2,498	$1,650
Austin, Chicago, IL	$1,150	$1,174	$1,600	$1,750
Rogers Park, Chicago, IL	$1,341	$1,450	$2,000	$1,784
Woodlawn, Chicago, IL	N/A	$1,565	$1,850	$1,880
West Rogers Park, Chicago, IL	$1,338	$1,495	$1,905	$1,903
Hyde Park, Chicago, IL	$1,095	$1,373	$2,350	$1,925
Lawndale, Chicago, IL	$1,550	$1,400	$1,650	$1,925
Uptown, Chicago, IL	$1,395	$1,980	$2,500	$1,985
Albany Park, Chicago, IL	$1,275	$1,513	$2,000	$2,000
Pilsen, Chicago, IL	$1,998	$1,498	$2,025	$2,050
Jefferson Park, Chicago, IL	$1,300	$1,500	$2,200	$2,200
Humboldt Park, Chicago, IL	$1,513	$1,750	$2,075	$2,350
Logan Square, Chicago, IL	$1,695	$2,233	$2,520	$2,400
University Village - Little Italy, Chicago, IL	$2,004	$2,336	$3,036	$2,412
Lakeview, Chicago, IL	$1,505	$2,297	$3,100	$2,495
Bronzeville, Chicago, IL	$995	$1,700	$2,373	$2,625
Bucktown, Chicago, IL	$2,191	$2,629	$3,550	$2,641
Tri-Taylor, Chicago, IL	$2,205	$2,515	$3,059	$2,673
Lincoln Park, Chicago, IL	$1,850	$2,741	$4,152	$2,737
South Loop, Chicago, IL	$2,268	$2,658	$3,519	$2,850
The Loop, Chicago, IL	$2,398	$2,870	$4,050	$2,864
Wicker Park, Chicago, IL	$2,400	$2,880	$3,200	$2,915
Near West Side, Chicago, IL	$2,332	$2,868	$3,809	$2,935
Goose Island, Chicago, IL	$2,075	$3,052	$4,545	$3,025
Near North Side, Chicago, IL	$2,380	$2,889	$4,178	$3,035
West Loop, Chicago, IL	$2,361	$3,025	$4,142	$3,074
West Town, Chicago, IL	$2,517	$2,978	$4,268	$3,175
DePaul, Chicago, IL	$2,195	$2,650	$3,750	$3,952

Top Counties Near Ravenswood

There are a total of 28 counties located by Ravenswood, Chicago, IL. Some of these counties include Proviso, IL, Leyden, IL, and Oak Park, IL. The average rent for rentals in these counties is $2,398. That's roughly around $23 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,800. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Ravenswood, Chicago, IL.

Typically, rent for studios in Ravenswood, Chicago, IL is 25.81% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Ravenswood, Chicago, IL is 15.38% more expensive than other counties nearby. Finally, rent for two bedrooms in Ravenswood, Chicago, IL is 19.81% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Proviso, IL	$1,195	$1,425	$1,800	$1,875
Leyden, IL	N/A	$1,488	$1,895	$1,898
Oak Park, IL	$1,929	$2,419	$2,150	$2,119
Lyons, IL	$1,650	$1,500	$1,825	$2,300
Evanston, IL	$2,110	$1,795	$2,395	$2,500
Elk Grove, IL	N/A	$2,025	$1,999	$2,500
Maine, IL	N/A	$1,650	$2,100	$2,548
Chicago, IL	$2,140	$2,576	$3,048	$2,575
Niles, IL	$1,150	$2,300	$2,250	$2,700
Northfield, IL	N/A	$1,989	$2,250	$3,175

Top Zipcodes Near Ravenswood

There are a total of 37 zipcodes in or near Ravenswood, Chicago, IL. The average rent for all of these zipcodes is $2,414. A total of 16 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,575 per month. In comparison, the zipcode with the most expensive average rent of $3,158 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,520. That's at least $40 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 $1,848 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,390 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	$1,400	$1,795	$2,198	$2,150
60640, Chicago, IL	$1,350	$1,950	$2,500	$1,978
60660, Chicago, IL	$1,364	$1,550	$2,489	$1,600
60618, Chicago, IL	$1,535	$1,848	$2,150	$2,300
60659, Chicago, IL	$1,100	$1,400	$1,895	$1,870
60613, Chicago, IL	$1,500	$2,300	$2,950	$2,500
60657, Chicago, IL	$1,505	$2,240	$3,225	$2,414
60645, Chicago, IL	$1,575	$1,498	$1,950	$1,950
60626, Chicago, IL	$1,341	$1,450	$2,000	$1,751
60614, Chicago, IL	$1,940	$2,657	$4,000	$2,811

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 $2,250. 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 $1,550 and an average price per square feet of $33.60. There are a total of 18 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 $1,950 and an average price per square feet of $30.81. There are a total of 58 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 $2,650 and an average price per square feet of $32.54. There are a total of 44 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 0.21%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.20%, three bedroom rental prices have changed by 0.17% year-over-year.

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

A reasonable rent price in Ravenswood, Chicago, IL is around $1,800/month. You can search for these reasonably priced rental listings on RentHop.