Cheap Homes for Rent in Ravenswood Neighborhood of Chicago, IL from $1,100 (112 Rentals)

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

property at 4829 N Damen Ave

4829 N Damen Ave

ChicagoIL60625

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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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.

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property at 4614 N Paulina St

4614 N Paulina St

ChicagoIL60640

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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Best Value Apartments for Rent in Ravenswood, IL

As of October 18, 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 2709 W Sunnyside Ave Model at 2709 W Sunnyside Ave, Unit 2 starting at $2,390 with a $1.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4907 N Washtenaw Ave, Unit 14907 N Washtenaw Ave3BR,2BA$1.64
2709 W Sunnyside Ave, Unit 22709 W Sunnyside Ave2BR,1BA$1.77
2249 W Winnemac Ave, Unit 2nd Floor2249 W Winnemac Ave2BR,1BA$1.63
1931 W Winona St, Unit GDN1931 W Winona St2BR,1BA$1.87
5105 N Winchester Ave, Unit GDN5105 N Winchester Ave1BR,1BA$1.65
4344 N Western Ave, Unit 14344 N Western Ave1BR,1BA$1.80
5023 N Winchester Ave, Unit A015023 N Winchester Ave1BR,1BA$1.84
5133 N Wolcott Ave, Unit 1A5133 N Wolcott Ave1BR,1BA$1.83
5131 N Wolcott Ave, Unit 15131 N Wolcott Ave1BR,1BA$1.83
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 764 Apartments for Rent in Ravenswood, IL with pricing that ranges from $1,100 to $6,950. There are also 297 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenswood ranging from $1,150 to $6,950.

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 $1,150 to $6,950 with an average monthly rent of $3,218.

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 $1,895 to $6,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $6,950. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $3,000.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.