Average Rent in Ravenswood, Chicago, IL

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Current Versus Historical Ravenswood, Chicago, IL Rents

Ravenswood rentals average $1,440 for a studio rental to $4,750 for a 4-bedroom rental. The median price of all currently available listings is $1,925, or roughly $33 per square feet.

For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have decreased by $123 (-8.88%) year-over-year from $1,386 to $1,263. 1-bedroom rentals prices have increased by $104 (5.80%) year-over-year from $1,796 to $1,900. 2-bedroom rentals prices have decreased by $66 (-2.64%) year-over-year from $2,491 to $2,425. 3-bedroom rentals prices have decreased by $846 (-24.55%) year-over-year from $3,446 to $2,600. 4-bedroom rentals prices have decreased by $1,417 (-26.15%) year-over-year from $5,417 to $4,000. 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 11.14% this month. 1-bedroom rents have gone down by 0.74% this month. 2-bedroom rents have gone down by 3.29% this month. 3-bedroom rents have gone down by 23.30% this month. 4-bedroom rents have gone down by 20.66% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$41.41	$1,263	$1,386 (-8.88%)	$1,250 (1.00%)
1 BR	$30.24	$1,900	$1,796 (5.80%)	$1,533 (23.91%)
2 BR	$32.74	$2,425	$2,491 (-2.64%)	$2,295 (5.66%)
3 BR	$31.39	$2,600	$3,446 (-24.55%)	$2,846 (-8.64%)
4+ BR	$28.08	$4,000	$5,417 (-26.15%)	$2,938 (36.17%)

Historical Rents in Ravenswood, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ravenswood

There are a total of 11 cities nearby Ravenswood. The average rent in Ravenswood is currently $2,413 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 $1,400, is the most affordable city nearby. In contrast, the most expensive city near Ravenswood, Chicago, IL is River Grove, IL. Monthly rents here are on average $3,318 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 4.60% more expensive than other cities nearby. One bedrooms are about 12.93% more expensive. Two bedrooms in Ravenswood, Chicago, IL are about 12.30% more expensive. Finally, rent for three bedrooms are about 26.80% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Ravenswood, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Berwyn, IL	$1,050	$1,300	$1,850	$1,400
Oak Park, IL	$1,595	$1,625	$2,350	$1,813
Chicago, IL	$1,550	$2,050	$2,350	$2,200
Schaumburg, IL	N/A	$2,091	$2,250	$2,260
Aurora, IL	$1,275	$1,549	$2,195	$2,413
Naperville, IL	$1,413	$1,886	$2,500	$2,595
Evanston, IL	$2,575	$2,250	$2,548	$2,681
Skokie, IL	N/A	$1,650	$2,100	$2,775
Vernon Hills, IL	N/A	$2,276	$2,300	$2,850
River Grove, IL	$1,335	$1,450	$3,295	$3,318

Top Neighborhoods Near Ravenswood

There are a total of 24 neighborhoods in or near Ravenswood. Some of these neighborhoods include South Shore, Edgewater, and Englewood. We've included all of these top 24 neighborhoods in or near Ravenswood, Chicago, IL in the following table.

The average rent for these 24 neighborhoods in or near Ravenswood, Chicago, IL is currently around $2,395 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $2,395. Interestingly, the neighborhoods' average rent is higher than Ravenswood's average rent, which is only $1,925. Out of all the neighborhoods in or near Ravenswood, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,450 average rent per month, Near West Side 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	$1,200	$1,050	$1,400	$1,450
Edgewater, Chicago, IL	$1,300	$1,500	$2,600	$1,598
Englewood, Chicago, IL	$1,100	$1,250	$1,360	$1,600
Albany Park, Chicago, IL	$1,285	$1,500	$1,800	$1,695
Uptown, Chicago, IL	$1,400	$1,650	$2,175	$1,710
Rogers Park, Chicago, IL	$1,195	$1,450	$1,890	$1,750
Lawndale, Chicago, IL	N/A	$1,450	$1,725	$1,875
West Rogers Park, Chicago, IL	N/A	$1,595	$1,973	$2,000
Pilsen, Chicago, IL	N/A	$1,600	$1,850	$2,050
Woodlawn, Chicago, IL	$1,825	$1,300	$1,700	$2,200
Logan Square, Chicago, IL	$1,650	$1,895	$2,295	$2,295
Lakeview, Chicago, IL	$1,600	$2,195	$3,000	$2,395
Humboldt Park, Chicago, IL	$1,500	$1,750	$2,100	$2,395
Far East, Aurora, IL	N/A	$1,779	$2,424	$2,429
Bronzeville, Chicago, IL	$1,100	$1,750	$2,295	$2,450
North Center, Chicago, IL	$1,750	$1,995	$2,600	$2,525
Lincoln Park, Chicago, IL	$1,650	$2,450	$3,725	$2,525
Near North Side, Chicago, IL	$1,875	$2,500	$3,864	$2,700
South Loop, Chicago, IL	$1,775	$2,350	$3,200	$2,850
The Loop, Chicago, IL	$1,935	$2,475	$3,500	$2,950
Bucktown, Chicago, IL	$2,195	$2,455	$3,500	$2,975
West Town, Chicago, IL	$2,200	$2,425	$2,800	$3,200
DePaul, Chicago, IL	$1,910	$2,375	$3,400	$3,400
Near West Side, Chicago, IL	N/A	$2,923	$3,575	$3,450

Top Counties Near Ravenswood

There are a total of 24 counties located by Ravenswood, Chicago, IL. Some of these counties include Berwyn, IL, Oak Park, IL, and Proviso, IL. The average rent for rentals in these counties is $2,473. That's roughly around $24 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,400. Vice versa, with an average rent of $3,100, Wheatland, Naperville, IL is the most expensive county by Ravenswood, Chicago, IL.

Typically, rent for studios in Ravenswood, Chicago, IL is 7.29% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Ravenswood, Chicago, IL is 13.59% more expensive than other counties nearby. Finally, rent for two bedrooms in Ravenswood, Chicago, IL is 14.20% 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	$1,050	$1,300	$1,850	$1,400
Oak Park, IL	$1,595	$1,625	$2,350	$1,813
Proviso, IL	$1,095	$1,450	$1,900	$1,900
Chicago, IL	$1,550	$2,050	$2,350	$2,200
Maine, IL	N/A	$1,500	$2,200	$2,500
Northfield, IL	$1,400	$2,023	$2,598	$2,600
Evanston, IL	$2,575	$2,250	$2,548	$2,681
Niles, IL	$2,200	$1,650	$2,100	$2,875
Leyden, IL	$1,335	$1,450	$3,145	$2,875
New Trier, IL	$1,680	$1,845	$3,100	$3,100

Top Zipcodes Near Ravenswood

There are a total of 34 zipcodes in or near Ravenswood, Chicago, IL. The average rent for all of these zipcodes is $2,392. A total of 11 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 $1,400 per month. In comparison, the zipcode with the most expensive average rent of $3,400 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,469. 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 $1,761 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $29 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	$1,300	$1,773	$1,998	$1,895
60640, Chicago, IL	$1,350	$1,695	$2,270	$1,895
60660, Chicago, IL	$1,300	$1,500	$2,400	$1,550
60618, Chicago, IL	$1,420	$1,700	$2,400	$2,313
60613, Chicago, IL	$1,450	$2,150	$3,000	$2,500
60657, Chicago, IL	$1,645	$2,195	$3,000	$2,295
60645, Chicago, IL	$1,398	$1,573	$1,980	$1,895
60626, Chicago, IL	$1,195	$1,450	$1,944	$1,700
60614, Chicago, IL	$1,800	$2,400	$3,425	$2,900
60647, Chicago, IL	$1,695	$2,095	$2,495	$2,425

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 $1,925. 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 $1,440 and an average price per square feet of $41.41. There are a total of 30 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 $1,895 and an average price per square feet of $30.24. There are a total of 55 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 $2,623 and an average price per square feet of $32.74. There are a total of 38 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 -0.03%, three bedroom rental prices have changed by -0.25% year-over-year.

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

A reasonable rent price in Ravenswood, Chicago, IL is around $1,540/month. You can search for these reasonably priced rental listings on RentHop.