{
  "schema_version": "1.0",
  "submarket": {
    "slug": "ravenswood-il",
    "name": "Ravenswood",
    "state": "IL",
    "city": "CHICAGO",
    "cbsa": "Chicago-Naperville-Elgin",
    "zip_codes": [
      "60625",
      "60640"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:38.067Z",
    "last_updated_at": "2026-06-02T13:31:11.467Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1782,
        "low": 1692,
        "high": 1871,
        "mom_pct": 2.6450972762645915,
        "yoy_pct": 12.20852140077821
      },
      "2br": {
        "median": 2235,
        "low": 2123,
        "high": 2347,
        "mom_pct": 2.7842074927953893,
        "yoy_pct": 11.373976945244957
      },
      "3br": {
        "median": 2698,
        "low": 2550,
        "high": 2846,
        "mom_pct": 0.84,
        "yoy_pct": 9.783644859813084
      },
      "4br": {
        "median": 3052,
        "low": 2960,
        "high": 3143,
        "mom_pct": -1.259230769230769,
        "yoy_pct": 1.7384615384615385
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1848,
        "low": 1774,
        "high": 1922,
        "mom_pct": 6.110217391304348,
        "yoy_pct": 12.884782608695653
      },
      "2br": {
        "median": 2217,
        "low": 2146,
        "high": 2288,
        "mom_pct": 1.97975,
        "yoy_pct": 4.9975000000000005
      },
      "3br": {
        "median": 2952,
        "low": 2834,
        "high": 3071,
        "mom_pct": 3.296923076923077,
        "yoy_pct": 7.421538461538462
      },
      "4br": {
        "median": 3294,
        "low": 3195,
        "high": 3392,
        "mom_pct": 1.9528571428571428,
        "yoy_pct": 2.585714285714286
      }
    },
    "single_family": {
      "1br": {
        "median": 1663,
        "low": 1622,
        "high": 1705,
        "mom_pct": -0.1490909090909085,
        "yoy_pct": 1.3295454545454544
      },
      "2br": {
        "median": 2105,
        "low": 2031,
        "high": 2178,
        "mom_pct": 2.216086956521739,
        "yoy_pct": 6.829999999999999
      },
      "3br": {
        "median": 2632,
        "low": 2527,
        "high": 2738,
        "mom_pct": 4.191818181818181,
        "yoy_pct": 6.945454545454546
      },
      "4br": {
        "median": 3043,
        "low": 2931,
        "high": 3156,
        "mom_pct": 1.8285714285714287,
        "yoy_pct": 5.99
      }
    }
  },
  "vacancy": 3.936,
  "days_on_market": {
    "apartment": 25,
    "condo_townhome": 29,
    "single_family": 23
  },
  "ai_summary": [
    {
      "headline": "1BR condo rents up 12.9% YoY",
      "body": "Within Ravenswood (60625, 60640), 1-bedroom condos recorded a median rent of $1,848 in April 2026, rising 12.88% year-over-year and 6.11% month-over-month. This segment's substantial annual gain outpaces many others in the local rental market."
    },
    {
      "headline": "3BR condos exceed apartments by $254",
      "body": "Among 3-bedroom units in Ravenswood (60625, 60640), condo/townhome rents at $2,952 lead apartments at $2,698 by $254. This differential underscores a stronger valuation for larger condos relative to apartments in this area."
    },
    {
      "headline": "4BR apartment rents fall 1.3% MoM",
      "body": "The April 2026 data indicates that Ravenswood (60625, 60640) rental trends include a 1.26% month-over-month decline in 4-bedroom apartment rents, with the segment settling at a median of $3,052. Annual growth was limited to 1.74%, considerably less than observed in smaller-unit categories."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Ravenswood, IL range from $1,663 to $3,294 per month depending on property type and bedroom count.",
      "The largest year-over-year increase was seen in condo/townhome 1BR units, rising 12.88% compared to April 2025.",
      "Comparing median rents for 3-bedroom units, condo/townhomes lead at $2,952 while apartments trail at $2,698 in April 2026."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Ravenswood, IL for April 2026?",
        "answer": "In April 2026, rents in Ravenswood, IL range from $1,663 for a 1BR single-family to $3,294 for a 4BR condo/townhome."
      },
      {
        "question": "How do Ravenswood apartment rents compare to single-family rents for the same bedroom count in April 2026?",
        "answer": "For 1BR units, apartments have a median rent of $1,782, which is $119 higher than single-family at $1,663; for 2BRs, apartments are at $2,235 compared to $2,105 for single-family (a $130 premium), and for 3BRs, apartments at $2,698 are $66 higher than single-family at $2,632; but for 4BRs, apartments are $3,052 while single-family is slightly lower at $3,043, a $9 gap."
      },
      {
        "question": "Which rental segment saw the highest year-over-year growth in Ravenswood, IL, and is that trend broad or focused on one bedroom size?",
        "answer": "The biggest year-over-year growth in Ravenswood, IL was in 1BR condo/townhomes, up 12.88%, and most of that growth was concentrated in the 1BR segment as other condo/townhome bedrooms saw more modest increases ranging from 2.59% to 7.42%."
      },
      {
        "question": "What is the premium for renting a condo/townhome versus a single-family home with the same number of bedrooms in Ravenswood, IL?",
        "answer": "As of April 2026, the premium for renting a condo/townhome over a single-family home is $185 for 1BR units ($1,848 vs $1,663), $112 for 2BRs ($2,217 vs $2,105), $320 for 3BRs ($2,952 vs $2,632), and $251 for 4BRs ($3,294 vs $3,043)."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1782,
          "2br": 2235,
          "3br": 2698,
          "4br": 3052
        },
        "condo_townhome": {
          "1br": 1848,
          "2br": 2217,
          "3br": 2952,
          "4br": 3294
        },
        "single_family": {
          "1br": 1663,
          "2br": 2105,
          "3br": 2632,
          "4br": 3043
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1731,
          "2br": 2140,
          "3br": 2623,
          "4br": 3100
        },
        "condo_townhome": {
          "1br": 1632,
          "2br": 1905,
          "3br": 2574,
          "4br": 3154
        },
        "single_family": {
          "1br": 1611,
          "2br": 2007,
          "3br": 2460,
          "4br": 2961
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1721,
          "2br": 2176,
          "3br": 2517,
          "4br": 3014
        },
        "condo_townhome": {
          "1br": 1757,
          "2br": 2207,
          "3br": 2701,
          "4br": 3214
        },
        "single_family": {
          "1br": 1804,
          "2br": 2043,
          "3br": 2549,
          "4br": 2965
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1697,
          "2br": 2054,
          "3br": 2476,
          "4br": 3019
        },
        "condo_townhome": {
          "1br": 1723,
          "2br": 2145,
          "3br": 2658,
          "4br": 3212
        },
        "single_family": {
          "1br": 1753,
          "2br": 2026,
          "3br": 2550,
          "4br": 2951
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1648,
          "2br": 1995,
          "3br": 2484,
          "4br": 3036
        },
        "condo_townhome": {
          "1br": 1700,
          "2br": 2133,
          "3br": 2712,
          "4br": 3246
        },
        "single_family": {
          "1br": 1738,
          "2br": 2019,
          "3br": 2546,
          "4br": 2956
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1640,
          "2br": 1981,
          "3br": 2433,
          "4br": 3072
        },
        "condo_townhome": {
          "1br": 1684,
          "2br": 2115,
          "3br": 2715,
          "4br": 3247
        },
        "single_family": {
          "1br": 1727,
          "2br": 2034,
          "3br": 2573,
          "4br": 2994
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1621,
          "2br": 1990,
          "3br": 2524,
          "4br": 3077
        },
        "condo_townhome": {
          "1br": 1690,
          "2br": 2070,
          "3br": 2750,
          "4br": 3291
        },
        "single_family": {
          "1br": 1737,
          "2br": 2041,
          "3br": 2607,
          "4br": 3041
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1624,
          "2br": 1932,
          "3br": 2548,
          "4br": 3115
        },
        "condo_townhome": {
          "1br": 1673,
          "2br": 2073,
          "3br": 2688,
          "4br": 3335
        },
        "single_family": {
          "1br": 1728,
          "2br": 2062,
          "3br": 2634,
          "4br": 3068
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1625,
          "2br": 1951,
          "3br": 2560,
          "4br": 3128
        },
        "condo_townhome": {
          "1br": 1681,
          "2br": 2124,
          "3br": 2767,
          "4br": 3358
        },
        "single_family": {
          "1br": 1729,
          "2br": 2065,
          "3br": 2646,
          "4br": 3075
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1624,
          "2br": 1975,
          "3br": 2564,
          "4br": 3103
        },
        "condo_townhome": {
          "1br": 1683,
          "2br": 2131,
          "3br": 2785,
          "4br": 3343
        },
        "single_family": {
          "1br": 1711,
          "2br": 2061,
          "3br": 2640,
          "4br": 3053
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1639,
          "2br": 1997,
          "3br": 2536,
          "4br": 3096
        },
        "condo_townhome": {
          "1br": 1683,
          "2br": 2072,
          "3br": 2857,
          "4br": 3296
        },
        "single_family": {
          "1br": 1730,
          "2br": 2029,
          "3br": 2568,
          "4br": 3017
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1612,
          "2br": 2030,
          "3br": 2417,
          "4br": 3067
        },
        "condo_townhome": {
          "1br": 1661,
          "2br": 2103,
          "3br": 2709,
          "4br": 3272
        },
        "single_family": {
          "1br": 1675,
          "2br": 2014,
          "3br": 2519,
          "4br": 2940
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/ravenswood-il/",
    "self": "https://data.estaite.com/feeds/ravenswood-il.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}