Ravenswood, IL · Chicago metro
September 2026
60625,60640
Long-term Rental Rates
Long-term rental rates for Ravenswood (60625,60640), in the Chicago metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,753 – $1,938 | 3.67% | 11.28% |
| 2-Bedroom | $2,188 – $2,418 | 0.29% | 13.64% |
| 3-Bedroom | $2,604 – $2,907 | -0.60% | 6.52% |
| 4-Bedroom | $3,062 – $3,398 | 1.31% | 3.73% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,767 – $1,895 | 0.73% | 8.28% |
| 2-Bedroom | $2,316 – $2,509 | 0.97% | 12.83% |
| 3-Bedroom | $2,762 – $2,992 | -0.02% | 6.72% |
| 4-Bedroom | $3,336 – $3,542 | -0.63% | 2.85% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,685 – $1,771 | -2.58% | 0.18% |
| 2-Bedroom | $2,094 – $2,232 | -1.24% | 4.82% |
| 3-Bedroom | $2,559 – $2,718 | 3.81% | 0.68% |
| 4-Bedroom | $3,039 – $3,227 | -0.72% | 2.58% |
In the Ravenswood (60625, 60640) rental market, 1-bedroom apartments recorded an 8.92% year-over-year increase, pushing the median rent to $1,808. This substantial rise highlights growing demand for entry-level apartment units within Ravenswood (60625, 60640).
The median rent for 2-bedroom condos in Ravenswood (60625, 60640) rose 1.93% month-over-month to $2,346, while 2-bedroom apartments posted a 0.62% decrease to $2,332. This $14 gap shows condos now lead apartments in the two-bedroom segment.
Analysis of Ravenswood (60625, 60640) rental trends indicates that 3-bedroom single-family homes increased 4.34% month-over-month, reaching $2,832 and topping the 3-bedroom apartment median by $80. This suggests a preference shift toward larger single-family rentals.