Rental prices in Ravenswood, Chicago, IL have increased by 2.59% over the past year. The average rent moved from $1,474 to $1,512.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,743, while the average monthly rent in Ravenswood, Chicago, IL is $1,512.
The average monthly rent for an apartment in Ravenswood, Chicago, IL is around $1,512.
A share of 13% of apartments in Ravenswood, Chicago, IL have the cheapest rents between ≤ $1000. Around 18% of rentals are $2,001-$2,500. Around 41% of Ravenswood's apartments have monthly rents between $1,001-$1,500. There are 28% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Ravenswood, Chicago, IL (41%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a studio apartment is between $1,200 and $1,795.
There are 1 studio rentals available on RentCafe. Prices and availability in Ravenswood, Chicago, IL were last updated on 26 Nov 2025.
The average Ravenswood, Chicago, IL studio apartment size is 259 sq. ft.
Studio apartments in Ravenswood, Chicago, IL tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Ravenswood, Chicago, IL has 27,133 residents, 13,577 women and 13,556 men, per U.S. Census recent estimates. Statistics show that the median age of Ravenswood’s population is 36.
There is a total of 12,641 households in Ravenswood, Chicago, IL. Of these, 2,384 have children and 10,257 are without children. Per Census Bureau’s most current estimates, 5,457 family households and 7,184 non-family households live in this area. The size of a household in Ravenswood is 1.65 people, on average. The median household annual income in Ravenswood equals $78,164, and the monthly housing costs equal $1,551.
According to data from the U.S. Census Bureau, 7% of the population in Ravenswood, Chicago, IL have no high school education, 19% went to high-school, and 15% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 33% hold a Bachelor Degree, and 22% hold a Graduate Degree.
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