Cheap Homes for Rent in Ravenswood Neighborhood of Chicago, IL from $1,100 (73 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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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.

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

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Showing Results 1-50, Page 1 of 2

Cheapest Available Ravenswood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
4606 N. HermitageStudioStudio,1BA$1,145

Best Value Apartments for Rent in Ravenswood, IL

As of January 18, 2026 the best value apartment in the Ravenswood area is the $1.88 price per square foot 4638 N Hamilton Ave Model at 4638 N Hamilton Ave, Unit 1F in the in the Ravenswood neighborhood starting from $4,700. 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.
4638 N Hamilton Ave, Unit 1F4638 N Hamilton Ave5BR,2BA$1.88
1455 W Wilson Ave, Unit 21455 W Wilson Ave2BR,1BA$1.88
4912 N Washtenaw Ave, Unit 24912 N Washtenaw Ave3BR,1BA$1.63
4530 N Lincoln Ave, Unit 2014530 N Lincoln Ave2BR,1BA$1.88
5133 N Wolcott Ave, Unit 1A5133 N Wolcott Ave1BR,1BA$1.83
5131 N Wolcott Ave, Unit 15131 N Wolcott Ave1BR,1BA$1.83
5023 N Winchester Ave, Unit A015023 N Winchester Ave1BR,1BA$1.84
2008 W Foster Ave, Unit 12008 W Foster Ave1BR,1BA$1.80
2010 W Foster Ave, Unit 1D2010 W Foster Ave1BR,1BA$1.86
2047-2049 W Berwyn Ave1 Bed, 1 bath1BR,1BA$1.82

Frequently Asked Questions about Ravenswood

What type of rentals are currently available in Ravenswood?

There are currently 736 Apartments for Rent in Ravenswood, IL with pricing that ranges from $1,125 to $5,250. There are also 183 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $1,100 to $7,000.

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 $1,100 to $7,000 with an average monthly rent of $3,159.

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 $2,200 to $5,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $7,000. Four Bedroom Single-Family rentals are also available starting from $4,136 and Four Bedroom Apartments start at $3,200.

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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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!