Long-term Rental Rates — April 2026 · ZIPs: 60625,60640
Local market data by Estaite
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.
What is the typical rent range in Ravenswood, IL for April 2026?
In April 2026, rents in Ravenswood, IL range from $1,663 for a 1BR single-family to $3,294 for a 4BR condo/townhome.
How do Ravenswood apartment rents compare to single-family rents for the same bedroom count in April 2026?
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.
Which rental segment saw the highest year-over-year growth in Ravenswood, IL, and is that trend broad or focused on one bedroom size?
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%.
What is the premium for renting a condo/townhome versus a single-family home with the same number of bedrooms in Ravenswood, IL?
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).
Ravenswood, IL
April 2026
60625,60640
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,692 – $1,871
2.65%
12.21%
2-Bedroom
$2,123 – $2,347
2.78%
11.37%
3-Bedroom
$2,550 – $2,846
0.84%
9.78%
4-Bedroom
$2,960 – $3,143
-1.26%
1.74%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,774 – $1,922
6.11%
12.88%
2-Bedroom
$2,146 – $2,288
1.98%
5.00%
3-Bedroom
$2,834 – $3,071
3.30%
7.42%
4-Bedroom
$3,195 – $3,392
1.95%
2.59%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,622 – $1,705
-0.15%
1.33%
2-Bedroom
$2,031 – $2,178
2.22%
6.83%
3-Bedroom
$2,527 – $2,738
4.19%
6.95%
4-Bedroom
$2,931 – $3,156
1.83%
5.99%
Data updated: June 2, 2026
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.
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.
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.