Cheap Homes for Rent in Ravenswood Neighborhood of Chicago, IL from $1,200 (46 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

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property at 2122 W Ainslie St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

Studio, 1 Bath Condo for Rent

Available Apr 1

2122 W Ainslie St, Unit 1

2122 W Ainslie St
ChicagoIL60625
property at 4912 N Hoyne Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

Studio, 1 Bath Condo for Rent

Available Apr 1

4912 N Hoyne Ave, Unit 1E

4912 N Hoyne Ave
ChicagoIL60625

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1916 W Winona St

$1,695 - $1,895

1 To 2 Bedroom Condos for Rent

Available Now

1916 W Winona St

ChicagoIL60640
property at 2204 W Foster Ave

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Apr 1

2204 W Foster Ave, Unit 3

2204 W Foster Ave
ChicagoIL60625

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

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property at 4857 N Paulina St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795

1 Bedroom, 1 Bath Condo for Rent

Available May 1

4857 N Paulina St, Unit 3

4857 N Paulina St
ChicagoIL60640

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

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Showing Results 1-46, Page 1 of 1

Cheapest Available Ravenswood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
4606 N. HermitageStudioStudio,1BA$1,200

Best Value Apartments for Rent in Ravenswood, IL

As of March 13, 2026 the best value apartment in the Ravenswood area is the $2.00 price per square foot 4638 N Hamilton Ave Model at 4638 N Hamilton Ave, Unit 1F in the in the Ravenswood neighborhood starting from $5,000. The second greatest value Ravenswood apartment is the 1454 W Winnemac Ave Model at 1454 W Winnemac Ave, Unit 3 starting at $3,295 with a $1.94 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$2.00
1454 W Winnemac Ave, Unit 31454 W Winnemac Ave2BR,1BA$1.94
1455 W Wilson Ave, Unit 21455 W Wilson Ave2BR,1BA$1.88
4537 N Greenview Ave, Unit Garden F4537 N Greenview Ave2BR,2BA$2.00
4852 N Talman Ave, Unit 24852 N Talman Ave2BR,1BA$1.96
5120 N Winchester Ave, Unit 35120 N Winchester Ave2BR,2BA$2.00
2736 W Farragut Ave, Unit 22736 W Farragut Ave3BR,1BA$1.96
5076 N Wolcott Ave, Unit 15076 N Wolcott Ave2BR,1BA$1.97
5133 N Wolcott Ave, Unit 1A5133 N Wolcott Ave1BR,1BA$1.83
5131 N Wolcott Ave, Unit 15131 N Wolcott Ave1BR,1BA$1.83

Frequently Asked Questions about Ravenswood

What type of rentals are currently available in Ravenswood?

There are currently 756 Apartments for Rent in Ravenswood, IL with pricing that ranges from $1,075 to $5,150. There are also 160 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $1,200 to $13,000.

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 $1,200 to $13,000 with an average monthly rent of $3,884.

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 $2,450 to $5,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $7,000. Four Bedroom Single-Family rentals are also available starting from $4,950 and Four Bedroom Apartments start at $3,500.

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

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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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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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.