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 Jan / 2026, the average rent in Ravenswood is $2,057 per month, a 10.26% increase from last years average of $1,865.

How much does rent cost by apartment size in Ravenswood?

In Ravenswood, studios rent for $1,540 per month, one-bedroom units average $1,940 per month, two-bedrooms cost around $2,792 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 34% 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: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Ravenswood is $2,057, a 10.26% increase compared to the previous year, when the average rent was $1,865.

Studio Apartments at $1,540 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 $1,940, balancing privacy and affordability.

Two-beedroom units at $2,792 offer 980 square feet, perfect for roommates or small families.

Average rent in Ravenswood, Chicago, IL

Last updated: February 24, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,057	681 sq. ft.
Studio	$1,540	447 sq. ft.
1 Bed	$1,940	649 sq. ft.
2 Beds	$2,792	980 sq. ft.
3 Beds	n/a	n/a

Ravenswood, Chicago, IL rent trends

Rental prices in Ravenswood, Chicago, IL have increased by 10.26% over the past year. The average rent moved from $1,865 to $2,057.

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

The largest share of rentals in Ravenswood, Chicago, IL (34%) 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.

Most affordable neighborhoods in Ravenswood?

Austin $1,027/month

Jackson Park Highlands $1,061/month

Washington Park $1,214/month

All of these neighborhoods fall below the city wide average of $2,454/month.

Most expensive neighborhoods in Ravenswood?

River North $3,334/month

Sheffield $3,624/month

Wrightwood $3,637/month

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

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Wrightwood	$3,637
Sheffield	$3,624
River North	$3,334
Greektown	$3,331
Streeterville	$3,303
Fulton Market	$3,275
Downtown Chicago	$3,192
Near East Side Chicago	$3,121
Bucktown	$3,093
Old Town Chicago	$3,055
Old Town Triangle	$3,015
Near West Side	$2,997
Chicago Loop	$2,977
River West	$2,962
Goose Island	$2,931
Wicker Park	$2,907
Near North Side Chicago	$2,900
Fulton River District	$2,898
Humboldt Park	$2,799
East Village	$2,794
South Loop	$2,764
Tri-Taylor	$2,694
Gold Coast	$2,550
Printer's Row	$2,518
Cabrini - Green	$2,489
Lincoln Park	$2,350
West Loop	$2,271
Little Italy	$2,186
Logan Square	$2,184
Lakeview	$2,164
Ravenswood	$2,057
East Hyde Park	$2,047
Palmer Square	$1,962
Andersonville	$1,923
Clarendon Park	$1,893
Oakland	$1,844
Park West	$1,836
Kenwood	$1,830
Hyde Park	$1,806
Stateway Gardens	$1,786
Uptown Chicago	$1,761
Buena Park	$1,740
Margate Park	$1,585
Bryn Mawr Historic District	$1,555
Bronzeville	$1,520
Woodlawn	$1,499
Rogers Park	$1,486
North Kenwood	$1,485
West Rogers Park	$1,480
Edgewater Beach	$1,415
Englewood	$1,413
East Garfield Park	$1,406
Sheridan Park	$1,392
Budlong Woods	$1,384
Jefferson Park	$1,345
Edgewater	$1,322
South Shore	$1,310
Douglas Park	$1,309
Washington Park	$1,214
Jackson Park Highlands	$1,061
Austin	$1,027

Chicago | Rent Comparison by Neighborhood

Rent in Ravenswood is 7% higher than in Andersonville

$2,057

Ravenswood rent is the same as Chicago average

Average Rent $2,057

$1,923

Andersonville rent is 6% lower than Chicago average

Average Rent $1,923

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.