Average Rent in South East Ravenswood, Chicago, IL

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Current Versus Historical South East Ravenswood, Chicago, IL Rents

South East Ravenswood rentals average $0 for a studio rental to $0 for a 2-bedroom rental. The median price of all currently available listings is $1,195, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $195 (-15.73%) year-over-year from $1,240 to $1,045. 1-bedroom rentals prices have increased by $64 (4.82%) year-over-year from $1,331 to $1,395. 2-bedroom rentals prices have decreased by $485 (-20.38%) year-over-year from $2,380 to $1,895. 3-bedroom rentals prices have decreased by $132 (-5.20%) year-over-year from $2,532 to $2,400. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,300 to $3,300. 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 0.00% this month. 1-bedroom rents have gone up by 3.46% this month. 2-bedroom rents have gone down by 13.40% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR N/A $1,395 $1,331 (4.82%) $1,373 (1.64%)

Historical Rents in South East Ravenswood, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South East Ravenswood

There are a total of 6 cities nearby South East Ravenswood. The average rent in South East Ravenswood is currently $2,210 per month. Our records show that Evanston, IL, with an average rent of $1,955, is the most affordable city nearby. In contrast, the most expensive city near South East Ravenswood, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare South East Ravenswood, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 43.93% more affordable. Two bedrooms in South East Ravenswood, Chicago, IL are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 6 cities near South East Ravenswood, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,595 $2,150 $1,955
Chicago, IL $1,350 $1,790 $2,300 $2,023
Schaumburg, IL N/A $1,995 $2,350 $2,100
Wheaton, IL N/A $1,960 $2,320 $2,320
Aurora, IL N/A $1,300 $2,000 $2,398
Naperville, IL N/A $1,650 $2,200 $2,800

Top Neighborhoods Near South East Ravenswood

There are a total of 13 neighborhoods in or near South East Ravenswood. Some of these neighborhoods include Edgewater, Uptown, and Rogers Park. We've included all of these top 13 neighborhoods in or near South East Ravenswood, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near South East Ravenswood, Chicago, IL is currently around $1,863 per month. Meaning, only thirteen neighborhoods have a higher average rent than $1,863. Interestingly, the neighborhoods' average rent is higher than South East Ravenswood's average rent, which is only $1,195. Out of all the neighborhoods in or near South East Ravenswood, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near South East Ravenswood. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,120 $1,550 $2,200 $1,550
Uptown, Chicago, IL $1,100 $1,600 $2,595 $1,600
Rogers Park, Chicago, IL $1,150 $1,350 $1,850 $1,600
Ravenswood, Chicago, IL $1,210 $1,595 $2,900 $1,635
West Rogers Park, Chicago, IL $1,200 $1,350 $1,800 $1,700
Albany Park, Chicago, IL $1,048 $1,420 $1,900 $1,775
Lincoln Park, Chicago, IL $1,390 $1,925 $2,795 $1,863
Logan Square, Chicago, IL $1,250 $1,795 $2,050 $1,900
Lakeview, Chicago, IL $1,343 $1,895 $2,590 $2,094
Hyde Park, Chicago, IL $1,250 $1,698 $1,887 $2,198
DePaul, Chicago, IL $1,665 $2,290 $2,400 $2,395
Near North Side, Chicago, IL $1,860 $2,399 $3,500 $2,569
South Loop, Chicago, IL $1,700 $2,200 $3,000 $2,800

Top Counties Near South East Ravenswood

There are a total of 13 counties located by South East Ravenswood, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,142. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,955. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by South East Ravenswood, Chicago, IL.

In comparison, rent for one bedroom listings in South East Ravenswood, Chicago, IL is 51.38% more affordable than other counties nearby. Finally, rent for two bedrooms in South East Ravenswood, Chicago, IL is inf% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,595 $2,150 $1,955
Chicago, IL $1,350 $1,790 $2,300 $2,023
Schaumburg, IL N/A $1,995 $2,350 $2,095
Downers Grove, IL N/A $1,828 $2,200 $2,188
Milton, IL N/A $1,960 $2,320 $2,320
Naperville, IL N/A $1,663 $2,175 $2,700

Top Zipcodes Near South East Ravenswood

There are a total of 21 zipcodes in or near South East Ravenswood, Chicago, IL. The average rent for all of these zipcodes is $2,075.

The following chart includes the top 10 zipcodes in South East Ravenswood, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60613, Chicago, IL $1,300 $1,700 $2,568 $1,943
60640, Chicago, IL $1,105 $1,595 $2,495 $1,550
60657, Chicago, IL $1,345 $1,900 $2,600 $2,077
60618, Chicago, IL $1,400 $1,488 $1,920 $1,950
60625, Chicago, IL $1,100 $1,498 $2,100 $1,650
60660, Chicago, IL $1,120 $1,500 $1,995 $1,550
60614, Chicago, IL $1,663 $2,295 $2,862 $2,300
60647, Chicago, IL $1,250 $1,850 $2,150 $2,045
60626, Chicago, IL $1,150 $1,375 $1,850 $1,600
60645, Chicago, IL $1,200 $1,350 $1,875 $1,800

Frequently Asked Questions - South East Ravenswood Average Rents

What is the average rent price in South East Ravenswood, Chicago, IL?
The average monthly rental price for South East Ravenswood, Chicago, IL apartments for rent is approximately $1,195. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South East 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 South East Ravenswood, Chicago, IL.
How much is a studio apartment in South East Ravenswood, Chicago, IL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in South East Ravenswood.
How much is a one bedroom apartment in South East Ravenswood, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,195 and an average price per square feet of $0. There are a total of 2 one bedroom apartment listings currently available for rent in South East Ravenswood.
How much is a two bedroom apartment in South East Ravenswood, Chicago, IL?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in South East Ravenswood.
How have rent prices in South East Ravenswood, Chicago, IL changed this year?
Rent prices for rentals in South East Ravenswood, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.20%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in South East Ravenswood, Chicago, IL?
A reasonable rent price in South East Ravenswood, Chicago, IL is around $956/month. You can search for these reasonably priced rental listings on RentHop.
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