Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the West Ravenswood area can be challenging. Home prices in West Ravenswood are now at a median cost of $487,577, higher than the Chicago average of $351,773.
The average cost of rent is $1,683/mo in West Ravenswood, primarily driven by the current value of real estate in the West Ravenswood area. In West Ravenswood, 66.32% of households rent, and 35.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Ravenswood is $8,290 per month. Households that rent pay about 20.31% of their income on rent here. West Ravenswood’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ravenswood Gardens, Chicago, IL: equally priced homes
- Bowmanville, Chicago, IL: equally priced homes
- Lincoln Square, Chicago, IL: less expensive homes
- Cuyler, Chicago, IL: higher priced homes
- North Center, Chicago, IL: higher priced homes
- Uptown, Chicago, IL: less expensive homes
- Ravenswood Manor, Chicago, IL: less expensive homes
- Andersonville, Chicago, IL: equally priced homes
- Asia on Argyle, Chicago, IL: less expensive homes
- Roscoe Village, Chicago, IL: higher priced homes
Neighborhoods with Similar Populations
- Jordan, Minneapolis, MN: less expensive homes
- Avenues West, Milwaukee, WI: less expensive homes
- West Garfield Park, Chicago, IL: less expensive homes
- Southwest Colorado Springs, Colorado Springs, CO: higher priced homes
- River West, Bend, OR: higher priced homes
- Oak Park-Northwood, San Antonio, TX: equally priced homes
- Northwood Point, Irvine, CA: higher priced homes
- Northwest Crossing, San Antonio, TX: less expensive homes
- Northern Arizona University, Flagstaff, AZ: equally priced homes
- Near South, Lincoln, NE: less expensive homes
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