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 $3,200 for a 4-bedroom rental. The median price of all currently available listings is $2,175, or roughly $32 per square feet.
For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $191 (14.89%) year-over-year from $1,282 to $1,473. 1-bedroom rentals prices have increased by $228 (13.21%) year-over-year from $1,723 to $1,950. 2-bedroom rentals prices have increased by $242 (10.05%) year-over-year from $2,406 to $2,648. 3-bedroom rentals prices have increased by $919 (25.67%) year-over-year from $3,581 to $4,500. 4-bedroom rentals prices have decreased by $1,083 (-27.90%) year-over-year from $3,883 to $2,800. 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 0.34% this month. 1-bedroom rents have gone up by 0.52% this month. 2-bedroom rents have gone up by 0.92% this month. 3-bedroom rents have gone up by 13.56% this month. 4-bedroom rents have gone down by 24.66% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $33.60 $1,473 $1,282 (14.89%) $1,228 (19.96%)
1 BR $32.75 $1,950 $1,723 (13.21%) $1,535 (27.04%)
2 BR $31.99 $2,648 $2,406 (10.05%) $2,205 (20.07%)
3 BR $31.30 $4,500 $3,581 (25.67%) $2,667 (68.75%)
4+ BR $28.14 $2,800 $3,883 (-27.90%) $8,738 (-67.95%)

Historical Rents in Ravenswood, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Ravenswood

There are a total of 12 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 Berwyn, IL, with an average rent of $1,313, 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 17.24% more expensive than other cities nearby. One bedrooms are about 4.32% more expensive. Two bedrooms in Ravenswood, Chicago, IL are about 11.37% more expensive. Finally, rent for three bedrooms are about 26.85% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Ravenswood, Chicago, IL in the following table.
City Studio 1 Bed 2 Bed All
Berwyn, IL $1,045 $1,150 $1,750 $1,313
Palatine, IL N/A $1,500 $1,900 $1,950
Wheaton, IL $1,300 $1,934 $2,349 $2,275
Oak Park, IL $1,200 $1,750 $2,200 $2,300
Chicago, IL $1,500 $2,150 $2,450 $2,300
Arlington Heights, IL $1,250 $1,798 $2,250 $2,400
Schaumburg, IL N/A $2,381 $2,250 $2,400
Evanston, IL $2,145 $2,245 $2,395 $2,535
Vernon Hills, IL N/A $2,088 $2,300 $2,550
Skokie, IL N/A $2,075 $2,350 $2,600

Top Neighborhoods Near Ravenswood

There are a total of 22 neighborhoods in or near Ravenswood. Some of these neighborhoods include South Shore, Rogers Park, and Pilsen. We've included all of these top 22 neighborhoods in or near Ravenswood, Chicago, IL in the following table.

The average rent for these 22 neighborhoods in or near Ravenswood, Chicago, IL is currently around $2,298 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $2,298. Interestingly, the neighborhoods' average rent is higher than Ravenswood's average rent, which is only $2,175. Out of all the neighborhoods in or near Ravenswood, South Shore has the most affordable average rent at $1,600 per month. Whereas, at $3,600 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 $1,200 $1,250 $1,500 $1,600
Rogers Park, Chicago, IL $1,200 $1,495 $1,923 $1,700
Pilsen, Chicago, IL $1,300 $1,700 $1,938 $1,868
Edgewater, Chicago, IL $1,412 $1,759 $2,575 $1,913
Lawndale, Chicago, IL $1,600 $1,450 $1,750 $1,950
Woodlawn, Chicago, IL N/A $1,565 $1,975 $1,975
Uptown, Chicago, IL $1,300 $1,775 $2,900 $1,995
Albany Park, Chicago, IL $1,275 $1,690 $2,017 $2,000
Humboldt Park, Chicago, IL $1,600 $1,875 $2,000 $2,000
West Rogers Park, Chicago, IL $1,100 $1,500 $1,895 $2,045
Jefferson Park, Chicago, IL $1,295 $1,748 $2,075 $2,200
Logan Square, Chicago, IL $1,450 $2,050 $2,510 $2,395
Lakeview, Chicago, IL $1,535 $2,195 $3,250 $2,400
Bronzeville, Chicago, IL $1,173 $1,600 $2,350 $2,500
Lincoln Park, Chicago, IL $1,750 $2,550 $3,750 $2,700
South Loop, Chicago, IL $1,765 $2,400 $3,200 $2,761
Near North Side, Chicago, IL $1,950 $2,650 $4,000 $3,000
The Loop, Chicago, IL $1,925 $2,575 $3,650 $3,050
West Town, Chicago, IL N/A $2,225 $3,247 $3,273
Near West Side, Chicago, IL N/A $2,800 $3,650 $3,298
Bucktown, Chicago, IL $2,230 $2,276 $3,750 $3,590
DePaul, Chicago, IL $1,975 $2,535 $3,600 $3,600

Top Counties Near Ravenswood

There are a total of 30 counties located by Ravenswood, Chicago, IL. Some of these counties include Berwyn, IL, Proviso, IL, and Leyden, IL. The average rent for rentals in these counties is $2,413. That's roughly around $24 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,313. Vice versa, with an average rent of $3,495, New Trier, IL is the most expensive county by Ravenswood, Chicago, IL.

Typically, rent for studios in Ravenswood, Chicago, IL is 17.24% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Ravenswood, Chicago, IL is 12.56% more expensive than other counties nearby. Finally, rent for two bedrooms in Ravenswood, Chicago, IL is 14.74% 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 $1,045 $1,150 $1,750 $1,313
Proviso, IL $1,195 $1,400 $1,925 $1,898
Leyden, IL $1,200 $1,395 $2,000 $2,000
Oak Park, IL $1,200 $1,750 $2,200 $2,300
Chicago, IL $1,500 $2,150 $2,450 $2,300
Maine, IL N/A $1,500 $2,300 $2,500
Evanston, IL $2,145 $2,245 $2,395 $2,535
Niles, IL N/A $2,500 $2,650 $2,995
Northfield, IL N/A $1,735 $2,395 $3,000
New Trier, IL $1,570 $1,895 $2,900 $3,495

Top Zipcodes Near Ravenswood

There are a total of 39 zipcodes in or near Ravenswood, Chicago, IL. The average rent for all of these zipcodes is $2,173. A total of 20 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 $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,400. That's at least $31 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 $1,700 per month. Or in other words, $29 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,200 per month. Which comes out to $26 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 $2,178 $2,150
60640, Chicago, IL $1,304 $1,895 $2,500 $1,995
60660, Chicago, IL $1,400 $1,700 $2,538 $1,800
60618, Chicago, IL $1,500 $1,895 $2,300 $2,450
60659, Chicago, IL $1,150 $1,450 $1,750 $1,850
60613, Chicago, IL $1,550 $2,100 $3,150 $2,589
60657, Chicago, IL $1,525 $2,115 $3,248 $2,295
60645, Chicago, IL $1,350 $1,550 $2,045 $2,118
60626, Chicago, IL $1,200 $1,498 $1,950 $1,658
60614, Chicago, IL $1,775 $2,550 $3,798 $3,000

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 $2,175. 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 $33.60. There are a total of 21 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 $32.75. 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 $2,595 and an average price per square feet of $31.99. There are a total of 53 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 0.15%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.10%, three bedroom rental prices have changed by 0.26% year-over-year.
What is a reasonable rent price in Ravenswood, Chicago, IL?
A reasonable rent price in Ravenswood, Chicago, IL is around $1,740/month. You can search for these reasonably priced rental listings on RentHop.