The town situated on Uście River (dorzecze Prypeci), first mentioned in 1282 u.

In 13th century belonged to Duchy of Halich and Volhynia.

Since 14th century Równe belonged to the Grand Duchy of Lithuania since 14th century until the Lublin Union of 1569, when it became a town in the Polish-Lithuanian Commonwealth

Równe belonged to Ostrogski family (until 1723) and Lubomirski family. Jerzy Lubomirski, the starosta [district governor] of Sšcz and Voievoda (Major) of Cracov, (+ 1727), and his son Stanisław Lubomirski had great fortune: 31 towns and 738 village .

Równe was annexxed (1793) by Russian in the 2nd partition of Poland.

During World War I, on September, 1915 big counteroffensive of Russian armies were fighted against Austrian armies.

At the conclusion of the polish-bolshevik war (1919-1921), in accordance with the Riga Peace Treaty [1921] Równe returned to Poland.

In September 1939, as a result of the Molotov-Ribbentrop Pact and the partition of Poland, Równe was captured by the Soviet invaders. Poles were deported from town by soviet NKVD. On June 28, 1941 Rivne was captured by the German soldiers.

After the Soviet occupation (1939-41, 1944-91), since 1991 Równe is a town in of northtern Ukraine.

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