Average Rent in Ravenswood, Chicago, IL

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Current Versus Historical Ravenswood, Chicago, IL Rents

Ravenswood rentals average $1,300 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $2 per square feet.

For the apartment units and housing in April 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $182 (14.94%) year-over-year from $1,218 to $1,400. 1-bedroom rentals prices have increased by $202 (12.69%) year-over-year from $1,593 to $1,795. 2-bedroom rentals prices have increased by $109 (4.77%) year-over-year from $2,291 to $2,400. 3-bedroom rentals prices have increased by $703 (23.47%) year-over-year from $2,997 to $3,700. 4-bedroom rentals prices have increased by $2,300 (54.76%) year-over-year from $4,200 to $6,500. 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 1.94% this month. 1-bedroom rents have gone up by 5.74% this month. 2-bedroom rents have gone up by 7.62% this month. 3-bedroom rents have gone up by 21.64% this month. 4-bedroom rents have gone up by 31.76% this month.

Beds	Price / Sqft	Apr 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.80	$1,400	$1,218 (14.94%)	$1,102 (27.08%)
1 BR	$2.14	$1,795	$1,593 (12.69%)	$1,352 (32.75%)
2 BR	$2.64	$2,400	$2,291 (4.77%)	$1,776 (35.11%)
3 BR	$2.65	$3,700	$2,997 (23.47%)	$2,275 (62.61%)
4+ BR	$2.27	$6,500	$4,200 (54.76%)	$3,020 (115.23%)

Historical Rents in Ravenswood, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ravenswood

There are a total of 5 cities nearby Ravenswood. The average rent in Ravenswood is currently $2,600 per month. Our records show that Chicago, IL, with an average rent of $2,114, is the most affordable city nearby. In contrast, the most expensive city near Ravenswood, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare Ravenswood, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 6.63% more affordable. Two bedrooms in Ravenswood, Chicago, IL are about 4.29% more expensive. Finally, rent for three bedrooms are about 23.43% more expensive. Want more information? Check out the top 5 cities near Ravenswood, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,333	$1,850	$2,200	$2,114
Schaumburg, IL	N/A	$2,142	$2,515	$2,250
Naperville, IL	N/A	$1,742	$2,299	$2,600
Aurora, IL	N/A	$1,450	$2,400	$2,600
Evanston, IL	$1,450	$2,400	$2,748	$2,795

Top Neighborhoods Near Ravenswood

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

The average rent for these 13 neighborhoods in or near Ravenswood, Chicago, IL is currently around $2,188 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $2,188. Interestingly, the neighborhoods' average rent is higher than Ravenswood's average rent, which is only $1,995. Out of all the neighborhoods in or near Ravenswood, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $2,895 average rent per month, The Loop is the most expensive neighborhood in or near Ravenswood. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$923	$1,150	$1,450	$1,450
Uptown, Chicago, IL	$1,250	$1,675	$2,400	$1,650
Edgewater, Chicago, IL	$1,295	$1,650	$2,150	$1,654
Rogers Park, Chicago, IL	$1,159	$1,519	$1,895	$1,695
West Rogers Park, Chicago, IL	N/A	$1,438	$2,050	$2,048
Logan Square, Chicago, IL	$1,250	$2,000	$2,200	$2,075
Humboldt Park, Chicago, IL	N/A	$1,913	$1,700	$2,188
Bronzeville, Chicago, IL	$1,040	$1,375	$2,148	$2,338
Hyde Park, Chicago, IL	$1,275	$1,700	$2,175	$2,400
Lakeview, Chicago, IL	$1,450	$2,075	$2,745	$2,495
South Loop, Chicago, IL	$1,780	$2,250	$3,000	$2,709
Near North Side, Chicago, IL	$1,800	$2,500	$3,995	$2,850
The Loop, Chicago, IL	$1,910	$2,375	$3,400	$2,895

Top Counties Near Ravenswood

There are a total of 13 counties located by Ravenswood, Chicago, IL. Some of these counties include Milton, IL, Chicago, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,203. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Milton, IL. It's average rent per month is $1,995. Vice versa, with an average rent of $2,795, Evanston, IL is the most expensive county by Ravenswood, Chicago, IL.

In comparison, rent for one bedroom listings in Ravenswood, Chicago, IL is 6.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Ravenswood, Chicago, IL is 8.32% more expensive than other counties nearby. We've listed the top 7 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Milton, IL	N/A	$1,874	$2,434	$1,995
Chicago, IL	$1,333	$1,850	$2,200	$2,114
Downers Grove, IL	N/A	$1,749	$2,195	$2,149
Schaumburg, IL	N/A	$2,051	$2,295	$2,203
Naperville, IL	N/A	$1,739	$2,299	$2,450
Leyden, IL	$1,245	$1,375	$2,650	$2,650
Evanston, IL	$1,450	$2,400	$2,748	$2,795

Top Zipcodes Near Ravenswood

There are a total of 4 zipcodes in or near Ravenswood, Chicago, IL. The average rent for all of these zipcodes is $2,137.

The following chart includes the top 4 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	$1,200	$1,700	$2,123	$2,123
60618, Chicago, IL	$1,450	$1,475	$2,068	$2,375
60641, Chicago, IL	$1,100	$1,400	$1,700	$1,612
60615, Chicago, IL	$1,260	$1,650	$1,920	$2,150

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 $1,995. 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 $1,300 and an average price per square feet of $2.80. There are a total of 4 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 $1,735 and an average price per square feet of $2.14. There are a total of 23 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 $2,508 and an average price per square feet of $2.64. There are a total of 10 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 0.05%, and three bedroom rental prices have changed by 0.23% year-over-year.

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

A reasonable rent price in Ravenswood, Chicago, IL is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.