Cheap Homes for Rent in Ravenswood Neighborhood of Chicago, IL from $1,200 (121 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

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.

Read Article

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Read Article
Showing Results 1-50, Page 1 of 3

Cheapest Available Ravenswood Apartments for Rent

 

The cheapest available apartment rental in the Ravenswood area of Chicago, IL is a Studio unit found at Ravenswood Vista Apartments priced from $1,095. Winthrop Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Ravenswood apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Ravenswood Vista ApartmentsSTUDIOStudio,1BA$1,095
Winthrop Terrace0BR/1.0BAStudio,1BA$1,150
4606 N. HermitageStudioStudio,1BA$1,160

Best Value Apartments for Rent in Ravenswood, IL

As of May 29, 2025 the best value apartment in the Ravenswood area is the $1.72 price per square foot 1455 W Wilson Ave Model at 1455 W Wilson Ave, Unit 2 in the in the Uptown Chicago neighborhood starting from $2,750. The second greatest value Ravenswood apartment is the 4852 N Talman Ave Model at 4852 N Talman Ave, Unit 2 starting at $2,750 with a $1.96 price per square foot in the Lincoln Square 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.
1455 W Wilson Ave, Unit 21455 W Wilson Ave2BR,1BA$1.72
4852 N Talman Ave, Unit 24852 N Talman Ave2BR,1BA$1.96
5162 N Leavitt St, Unit 35162 N Leavitt St2BR,1BA$1.92
2417 W Sunnyside Ave, Unit 22417 W Sunnyside Ave2BR,1BA$2.03
1462 W Leland Ave, Unit 2E1462 W Leland Ave2BR,1BA$1.86
5023 N Winchester Ave, Unit 15023 N Winchester Ave1BR,1BA$1.89
4427 N Wolcott Ave, Unit M00B4427 N Wolcott AveStudio ,1BA$2.06
4621 N Rockwell St, Unit G4621 N Rockwell St1BR,1BA$1.87
4937 N Whipple St, Unit 1E4937 N Whipple St1BR,1BA$1.99
4621 N Rockwell St, Unit G4621 N Rockwell St1BR,1BA$1.99

Frequently Asked Questions about Ravenswood

What type of rentals are currently available in Ravenswood?

There are currently 681 Apartments for Rent in Ravenswood, IL with pricing that ranges from $532 to $9,999. There are also 270 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $1,250 to $6,630.

What is the current price range for Rental Homes in Ravenswood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ravenswood ranges from $1,250 to $6,630 with an average monthly rent of $3,298.

How much are larger Three and Four Bedroom Rentals in Ravenswood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ravenswood range from $1,000 to $5,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $5,175. Four Bedroom Single-Family rentals are also available starting from $6,630 and Four Bedroom Apartments start at $6,500.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.