What is the average apartment size in Ravenswood, Chicago, IL?

The average size for a Ravenswood, Chicago, IL apartment is 681 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Ravenswood?

As of Oct / 2025, the average rent in Ravenswood is $2,019 per month, a 5.28% increase from last year’s average of $1,918.

How much does rent cost by apartment size in Ravenswood?

In Ravenswood, studios rent for $1,512 per month, one-bedroom units average $1,882 per month, two-bedrooms cost around $2,780 per month.

What is the average apartment size in Ravenswood?

The typical apartment in Ravenswood offers about 681 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Ravenswood?

Studio apartments in Ravenswood average 447 sq. ft., one-bedrooms offer 649 sq. ft., two-bedrooms are about 980 sq. ft.

Ravenswood, Chicago, IL Rental Market Trends

Q: What's the typical rent budget in Ravenswood?

The typical rent budget in Ravenswood ranges from $1,001 to $1,500 per month, with 30% of rentals in this range.

Q: Do most people rent or own in Ravenswood?

In Ravenswood, 64% of households rent while 36% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Ravenswood is $2,019, a 5.28% increase compared to the previous year, when the average rent was $1,918.

Studio Apartments at $1,512 offer the most budget-friendly option with 447 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 649 square feet for $1,882, balancing privacy and affordability.

Two-beedroom units at $2,780 offer 980 square feet, perfect for roommates or small families.

Average rent in Ravenswood, Chicago, IL

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$2,019	681 sq. ft.
Studio	$1,512	447 sq. ft.
1 Bed	$1,882	649 sq. ft.
2 Beds	$2,780	980 sq. ft.
3 Beds	n/a	n/a

Ravenswood, Chicago, IL rent trends

Rental prices in Ravenswood, Chicago, IL have increased by 5.28% over the past year. The average rent moved from $1,918 to $2,019.

What's the typical rent budget in Ravenswood, Chicago, IL?

The largest share of rentals in Ravenswood, Chicago, IL (30%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Ravenswood, Chicago, IL?

8,081 or 64% of the households in Ravenswood, Chicago, IL are renter-occupied while 4,560 or 36% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Ravenswood?

Austin $1,008/month

Washington Park $1,205/month

Budlong Woods $1,262/month

All of these neighborhoods fall below the city wide average of $2,432/month.

Most expensive neighborhoods in Ravenswood?

River North $3,326/month

Wrightwood $3,579/month

Sheffield $3,583/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Sheffield	$3,583
Wrightwood	$3,579
River North	$3,326
Greektown	$3,297
Streeterville	$3,295
Fulton Market	$3,265
Downtown Chicago	$3,157
Near East Side Chicago	$3,089
Bucktown	$3,063
Old Town Chicago	$3,001
Old Town Triangle	$2,993
River West	$2,993
Near West Side	$2,964
Chicago Loop	$2,957
Wicker Park	$2,888
Goose Island	$2,882
Near North Side Chicago	$2,865
Fulton River District	$2,861
East Village	$2,800
Humboldt Park	$2,776
South Loop	$2,733
Tri-Taylor	$2,645
Gold Coast	$2,519
Printer's Row	$2,513
Cabrini - Green	$2,473
Lincoln Park	$2,348
Logan Square	$2,244
West Loop	$2,223
Little Italy	$2,166
Lakeview	$2,142
East Hyde Park	$2,055
Ravenswood	$2,019
Palmer Square	$1,931
Andersonville	$1,890
Clarendon Park	$1,889
Park West	$1,835
Kenwood	$1,827
Hyde Park	$1,785
Stateway Gardens	$1,738
Buena Park	$1,725
Uptown Chicago	$1,720
Margate Park	$1,574
Bryn Mawr Historic District	$1,546
Bronzeville	$1,491
Rogers Park	$1,483
Woodlawn	$1,482
West Rogers Park	$1,432
Edgewater Beach	$1,425
North Kenwood	$1,414
Englewood	$1,391
East Garfield Park	$1,384
Sheridan Park	$1,379
Jefferson Park	$1,345
Edgewater	$1,322
South Shore	$1,275
Budlong Woods	$1,262
Washington Park	$1,205
Austin	$1,008

Chicago | Rent Comparison by Neighborhood

Rent in Ravenswood is 7% higher than in Andersonville

$2,019

Ravenswood rent is the same as Chicago average

Average Rent $2,019

$1,890

Andersonville rent is 6% lower than Chicago average

Average Rent $1,890

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ravenswood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.