Cheap Apartments for Rent in the Ravenswood Neighborhood of Chicago, IL from $500 (112 Rentals)

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

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Cheapest Available Ravenswood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Winthrop Terrace0BR/1.0BAStudio,1BA$1,190

Best Value Apartments for Rent in Ravenswood, IL

As of April 25, 2025 the best value apartment in the Ravenswood area is the $1.59 price per square foot 2642 W Farragut Ave Model at 2642 W Farragut Ave, Unit 1 in the in the Lincoln Square neighborhood starting from $3,500. The second greatest value Ravenswood apartment is the 1455 W Wilson Ave Model at 1455 W Wilson Ave, Unit 2 starting at $2,750 with a $1.72 price per square foot in the Uptown Chicago 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.
2642 W Farragut Ave, Unit 12642 W Farragut Ave3BR,2BA$1.59
1455 W Wilson Ave, Unit 21455 W Wilson Ave2BR,1BA$1.72
4655 N Lincoln Ave, Unit M07B4655 N Lincoln Ave3BR,1BA$1.77
4866 N Washtenaw Ave, Unit M06B4866 N Washtenaw Ave2BR,1BA$1.82
2847 W Berwyn Ave, Unit 12847 W Berwyn Ave3BR,1BA$1.82
5208-14 N. Damen / 2000-10 W. Foster1BR/1.0BA1BR,1BA$1.84
4414 N Whipple St, Unit 16-3W4414 N Whipple St1BR,1BA$1.88
1917 W Winnemac Ave, Unit M1621917 W Winnemac Ave1BR,1BA$1.97
4937 N Whipple St, Unit 1E4937 N Whipple St1BR,1BA$1.99
4914 N Hoyne Ave, Unit M08B4914 N Hoyne AveStudio ,1BA$1.99

Getting Around the Ravenswood Neighborhood in Chicago, IL

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ravenswood Apartments

What is the Cheapest Studio apartment in Ravenswood?

Currently the most affordable Cheap Studio Apartment in Ravenswood is at Winthrop Terrace listed at $1,190.

How much is rent for a Cheap One Bedroom Ravenswood Apartment?

The lowest price for a Cheap One Bedroom Ravenswood Apartment is $1,500 at Lawrence Lofts.

What is the lowest price for a Cheap Two Bedroom Ravenswood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ravenswood is starting from $1,200 at 5118 N Lincoln Ave.

What is the most affordable Ravenswood Three Bedroom Apartment?

The best deal on a cheap Ravenswood Three Bedroom Apartment rental is at 4401 N Clark and starts from $2,622.

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.

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Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.