Cheap Apartments for Rent in the Ravenswood Neighborhood of Chicago, IL from $572 (39 Rentals)

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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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Canvas at Leland Plaza
Studio to 2 Bedroom Apartments

Canvas at Leland Plaza

4713 N Western AveChicago, IL 60625
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Damen Apartments
Studio to 1 Bedroom Apartments

Damen Apartments

4851 N DamenChicago, IL 60625
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4641 N Paulina St
Studio to 1 Bedroom Apartments

4641 N Paulina St

4641 N PaulinaChicago, IL 60640
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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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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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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
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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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Issel Building
Studio to 2 Bedroom Apartments

Issel Building

4538-4552 N Clark StChicago, IL 60640
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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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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
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Rockwell Commons
Studio to 3 Bedroom Apartments

Rockwell Commons

4860 N Rockwell StChicago, IL 60625
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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

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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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
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Showing Results 1-39, Page 1 of 1

Ravenswood, Chicago, IL Local Guide

Best Value Apartments for Rent in Ravenswood, IL

As of September 26, 2026 the best value apartment in the Ravenswood area is the $2.11 price per square foot 1452 W Winnemac Ave Model at 1452 W Winnemac Ave, Unit 3 in the Uptown Chicago neighborhood starting from $3,595. The second greatest value Ravenswood apartment is the 2101 W Montrose Ave Model at 2101 W Montrose Ave, Unit 2101 W Montrose #2 in the North Center neighborhood starting at $2,220 with a $1.39 price per square foot. 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.
1452 W Winnemac Ave, Unit 31452 W Winnemac Ave3BR, 1BA$2.11
2101 W Montrose Ave, Unit 2101 W Montrose #22101 W Montrose Ave2BR, 1BA$1.39
4411 N Seeley Ave, Unit 1A4411 N Seeley Ave2BR, 2BA$1.97
5062 N Winchester Ave, Unit 1E5062 N Winchester Ave2BR, 1.5BA$1.97
5058 N Winchester Ave5058 N Winchester Ave2BR, 1BA$2.07
5076 N Wolcott Ave, Unit 15076 N Wolcott Ave2BR, 1BA$1.97
5238 N California Ave, Unit Budlong Woods Area5238 N California Ave2BR, 1BA$1.60
2015ber20151b1b - 11001BR, 1BA$1.85
5158-62 N. Leavitt / 2209-11 W. Foster1BR/1.0BA1BR, 1BA$2.13
5152 N Leavitt St, Unit 15152 N Leavitt St1BR, 1BA$2.13

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Ravenswood, Chicago, IL

Ranked #29

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Ravenswood Vista Apartments listed at $1,195.

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

The lowest price for a Cheap One Bedroom Ravenswood Apartment is $1,200 at Rockwell Commons.

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 $1,995 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 4401 N Clark and starts from $2,899.

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.

Helpful Local Expert Guides

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

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When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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

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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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