
Cheap Homes for Rent in Ravenswood Neighborhood of Chicago, IL from $1,000 (79 Rentals)
Search the lowest-cost Homes available for rent right now in the Ravenswood area of Chicago.


4631 N Paulina St

4851 N Damen Ave

4856 N Damen Ave

4756 N Maplewood Ave

4546 N Damen Ave

4829 N Damen Ave

4834 N Damen Ave

4546 N Damen Ave

4737 N Hermitage Ave
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.

4737 N Hermitage Ave

4631 N Paulina St

4631 N Paulina St

4546 N Damen Ave

4546 N Damen Ave

4551 N Damen Ave

4551 N Damen Ave

4410 N Wolcott, Unit 2

4851 N Damen Ave
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.

4546 N Damen Ave

4636 N Paulina St

4551 N Damen Ave

4856 N Damen Ave

4825 N Talman Ave

4631 N Paulina St

4619 N Paulina St

4551 N Damen Ave

4614 N Paulina St

4619 N Paulina St
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!

4737 N Hermitage Ave

4631 N Paulina St

4646 N Paulina St

4619 N Paulina

4551 N Damen

4601 N Lincoln Ave

4546 N Damen Ave

4610 N Dover St

4551 N Damen Ave

4546 N Damen Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2249 W Wilson Ave

2617 W Gunnison St

2617 W Gunnison St

4407 N Wolcott Ave

4740 N Hermitage Ave, Unit 407

2530 W Foster Ave, Unit 208

4834 N Damen Ave

4834 N Damen Ave

4829 N Damen Ave

4829 N Damen Ave
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.
Ravenswood, Chicago, IL Local Guide

How much does it cost to rent a home in Ravenswood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ravenswood 2 Bedroom Homes for Rent | $2,605 | $1,750 | $3,995 |
| Ravenswood 3 Bedroom Homes for Rent | $3,780 | $2,200 | $6,500 |
| Ravenswood 4 Bedroom Homes for Rent | $4,278 | $4,136 | $4,700 |
| Ravenswood 5 Bedroom Homes for Rent | $4,702 | $4,700 | $4,705 |
Browse Homes for Rent in this Neighborhood
There are currently 79 rentals with your search options within a 2 mile radius of the Ravenswood Neighborhood of Chicago, IL.
Explore Chicago
Cheapest Available Ravenswood Apartments for Rent
 The cheapest available apartment rental in the Ravenswood area of Chicago, IL is a Studio unit found at Issel Building priced from $1,100. 4756 N. Maplewood Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Ravenswood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Issel Building | Studio's | Studio,1BA | $1,100 |
| 4756 N. Maplewood Ave. | 0BR/1.0BA | Studio,1BA | $1,200 |
| 4606 N. Hermitage | Studio | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Ravenswood, IL
As of December 02, 2025 the best value apartment in the Ravenswood area is the $1.64 price per square foot 4907 N Washtenaw Ave Model at 4907 N Washtenaw Ave, Unit 1 in the in the Lincoln Square neighborhood starting from $2,950. The second greatest value Ravenswood apartment is the 2177 W Giddings St Model at 2177 W Giddings St, Unit 2175-1 starting at $2,150 with a $1.79 price per square foot in the Ravenswood neighborhood. Here is today’s list of the best values for Ravenswood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4907 N Washtenaw Ave, Unit 1 | 4907 N Washtenaw Ave | 3BR,2BA | $1.64 |
| 2177 W Giddings St, Unit 2175-1 | 2177 W Giddings St | 2BR,1BA | $1.79 |
| 4324 N Hoyne Ave, Unit 1N | 4324 N Hoyne Ave | 1BR,2BA | $1.67 |
| 1931 W Winona St, Unit GDN | 1931 W Winona St | 2BR,1BA | $1.73 |
| 4363 N Lincoln Ave, Unit 2-1125 | 4363 N Lincoln Ave | 2BR,1BA | $1.78 |
| 1929 W Winona St, Unit GDN | 1929 W Winona St | 2BR,1BA | $1.73 |
| 1931 W Winona St, Unit GDN | 1931 W Winona St | 2BR,1BA | $1.73 |
| 1916 W Winona St, Unit 1932-3 | 1916 W Winona St | 2BR,1BA | $1.72 |
| 5208 N Leavitt St, Unit 2204-1 | 5208 N Leavitt St | 1BR,1BA | $1.72 |
| 2047-2049 W Berwyn Ave | 1 Bed, 1 bath | 1BR,1BA | $1.82 |
Frequently Asked Questions about Ravenswood
What type of rentals are currently available in Ravenswood?
There are currently 772 Apartments for Rent in Ravenswood, IL with pricing that ranges from $1,100 to $4,995. There are also 208 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $1,095 to $6,500.
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 $1,095 to $6,500 with an average monthly rent of $3,086.
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 $4,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $6,500. Four Bedroom Single-Family rentals are also available starting from $4,136 and Four Bedroom Apartments start at $4,141.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
