Cheap Homes for Rent in Ravenswood Neighborhood of Chicago, IL from $1,000 (138 Rentals)

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

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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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

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

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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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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

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Showing Results 1-50, Page 1 of 3

Cheapest Available Ravenswood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
4606 N. HermitageStudioStudio,1BA$1,170

Best Value Apartments for Rent in Ravenswood, IL

As of July 14, 2025 the best value apartment in the Ravenswood area is the $0.35 price per square foot 4849 N Seeley Ave Model at 4849 N Seeley Ave, Unit # 02 in the in the Ravenswood neighborhood starting from $3,450. The second greatest value Ravenswood apartment is the 2740 W Farragut Ave Model at 2740 W Farragut Ave, Unit 1 starting at $3,195 with a $1.78 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.
4849 N Seeley Ave, Unit # 024849 N Seeley Ave3BR,1BA$0.35
2740 W Farragut Ave, Unit 12740 W Farragut Ave3BR,2.5BA$1.78
1941 W Winnemac Ave, Unit 1943-G1941 W Winnemac Ave2BR,1BA$1.54
1910 W Winnemac Ave, Unit 1906-21910 W Winnemac Ave2BR,1BA$1.70
1935 W Foster Ave, Unit 35-11935 W Foster Ave2BR,1BA$1.83
5133 N Wolcott Ave, Unit 1A5133 N Wolcott Ave1BR,1BA$1.83
5131 N Wolcott Ave, Unit 15131 N Wolcott Ave1BR,1BA$1.83
5137 N Wolcott Ave, Unit 3A5137 N Wolcott Ave1BR,1BA$1.57
5208 N Leavitt St, Unit 2204-15208 N Leavitt St1BR,1BA$1.72
5103 N Winchester Ave, Unit 5111-25103 N Winchester Ave1BR,1BA$1.72

Frequently Asked Questions about Ravenswood

What type of rentals are currently available in Ravenswood?

There are currently 798 Apartments for Rent in Ravenswood, IL with pricing that ranges from $1,145 to $4,327. There are also 337 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $1,010 to $7,100.

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 $1,010 to $7,100 with an average monthly rent of $2,747.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.