Cheap Apartments for Rent in the Ravenswood Neighborhood of Chicago, IL from $500 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ravenswood area of Chicago.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Canvas at Leland Plaza
Studio to 2 Bedroom Apartments

Canvas at Leland Plaza

4713 N Western AveChicago, IL 60625
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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4641 N Paulina St
Studio to 1 Bedroom Apartments

4641 N Paulina St

4641 N PaulinaChicago, IL 60640
  • Utilities Included
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1466 W Argyle St
Studio Apartments

1466 W Argyle St

1466 W Argyle StChicago, IL 60640
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Ravenswood Apartments
Studio to 2 Bedroom Apartments

Ravenswood Apartments

4407-4415 N Greenview AveChicago, IL 60640
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4801 North Ravenswood
Studio to 2 Bedroom Apartments

4801 North Ravenswood

4801 N Ravenswood AveChicago, IL 60640
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4518-4528 N Damen Ave
Studio to 1 Bedroom Apartments

4518-4528 N Damen Ave

4518-4528 N Damen AveChicago, IL 60625
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wolcott equities
1 to 2 Bedroom Apartments

wolcott equities

4534 N Wolcott AveChicago, IL 60640
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Damen Ave Apartments
1 to 2 Bedroom Apartments

Damen Ave Apartments

5045-5051 N Damen AveChicago, IL 60625
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4407 Wolcott
Studio to 1 Bedroom Apartments

4407 Wolcott

4407 N Wolcott AveChicago, IL 60640

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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4441-4455 N Damen Ave
Studio to 1 Bedroom Apartments

4441-4455 N Damen Ave

4441-4455 N Damen AveChicago, IL 60625
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4424-4432 N Seeley Ave
1 Bedroom Apartments

4424-4432 N Seeley Ave

4424-4432 N Seeley AveChicago, IL 60625
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The Westerner
Studio to 1 Bedroom Apartments

The Westerner

2407 W Eastwood AveChicago, IL 60625
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4840 N Rockwell St
Studio to 1 Bedroom Apartments

4840 N Rockwell St

4840 N Rockwell StChicago, IL 60625
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1825-1839 W Foster Ave
Studio to 2 Bedroom Apartments

1825-1839 W Foster Ave

1825-1839 W Foster AveChicago, IL 60640
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4502-04 N Paulina
Studio to 2 Bedroom Apartments

4502-04 N Paulina

4502-04 N Paulina StChicago, IL 60640
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2103-23 W. Berwyn Ave.
1 to 3 Bedroom Apartments

2103-23 W. Berwyn Ave.

2103-2123 W Berwyn AveChicago, IL 60625
  • Utilities Included

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Bell Lawrence
1 to 2 Bedroom Apartments

Bell Lawrence

4801-4813 N Bell AveChicago, IL 60625
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5101 N Winchester Ave
1 Bedroom Apartments

5101 N Winchester Ave

5101 N Winchester AveChicago, IL 60640
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The Schoolhouse
Studio to 2 Bedroom Apartments

The Schoolhouse

4641 N Ashland AveChicago, IL 60640
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4606 N. Hermitage
Studio to 1 Bedroom Apartments

4606 N. Hermitage

4606 N Hermitage AveChicago, IL 60640
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Argyle Manor
Studio to 1 Bedroom Apartments

Argyle Manor

5000 N Winchester AveChicago, IL 60640
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2100-2112 W Ainslie St
1 to 2 Bedroom Apartments

2100-2112 W Ainslie St

2100-2112 W Ainslie StChicago, IL 60625
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Wolcott Terrace
Studio to 5 Bedroom Apartments

Wolcott Terrace

5017 N Wolcott AveChicago, IL 60640
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3001 W Lawrence Ave
1 to 2 Bedroom Apartments

3001 W Lawrence Ave

3001 W Lawrence AveChicago, IL 60625
  • Utilities Included

Best Value Apartments for Rent in Ravenswood, IL

As of July 26, 2026 the best value apartment in the Ravenswood area is the $0.34 price per square foot 1758 W Montrose Ave Model at 1758 W Montrose Ave, Unit 1E in the in the Lakeview neighborhood starting from $3,375. The second greatest value Ravenswood apartment is the 1455 W Wilson Ave Model at 1455 W Wilson Ave, Unit 2 starting at $3,000 with a $1.88 price per square foot in the Uptown Chicago neighborhood. Here is today’s list of the best values for Ravenswood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1758 W Montrose Ave, Unit 1E1758 W Montrose Ave2BR,2BA$0.34
1455 W Wilson Ave, Unit 21455 W Wilson Ave2BR,1BA$1.88
4537 N Greenview Ave3Beds 2Baths3BR,2BA$1.80
5062 N Winchester Ave, Unit 1E5062 N Winchester Ave2BR,1.5BA$1.97
4519 N Wolcott Ave, Unit 2A4519 N Wolcott Ave2BR,1BA$2.13
5067 N Wolcott Ave, Unit 15067 N Wolcott Ave3BR,1BA$2.14
5076 N Wolcott Ave, Unit 15076 N Wolcott Ave2BR,1BA$1.97
Emaret at Lincoln Square2 Beds, 1 bath2BR,1BA$1.80
4518 N Wolcott Ave, Unit 3B4518 N Wolcott Ave2BR,1BA$1.43
4406 N Rockwell St, Unit 24406 N Rockwell St1BR,1BA$2.13

Frequently Asked Questions about Cheap Ravenswood Apartments

What is the Cheapest Studio apartment in Ravenswood?

Currently the most affordable Cheap Studio Apartment in Ravenswood is at The Raven Residences listed at $2,228.

How much is rent for a Cheap One Bedroom Ravenswood Apartment?

The lowest price for a Cheap One Bedroom Ravenswood Apartment is $1,792 at Lincoln Square Commons - 4759 N Maplewood Ave.

What is the lowest price for a Cheap Two Bedroom Ravenswood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ravenswood is starting from $1,800 at Emaret at Lincoln Square.

What is the most affordable Ravenswood Three Bedroom Apartment?

The best deal on a cheap Ravenswood Three Bedroom Apartment rental is at 4537 N Greenview Ave and starts from $2,700.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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