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$1,015 - $1,195Studio to 1 Bedroom Apartments Available Now
3957 W Irving Park Rd
3949-3965 W Irving Park RdChicago, IL 60618
Cheap Apartments for Rent in the Mayfair Chicago Neighborhood of Chicago, IL from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mayfair Chicago area of Chicago.
4588 N Elston Ave, Unit 202
4588 N Elston Ave
ChicagoIL60630
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$1,2001 Bedroom Apartments Available Now
4782 N Elston Ave, Unit 3
4782 N Elston AveChicago, IL 60630
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$1,250Studio Apartments Available Now
4756 N. Maplewood Ave.
4756 N Maplewood AveChicago, IL 60625
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$1,300 - $2,100
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300 - $2,100
Total Monthly Price
$1,300 - $2,100
3530 North Kilbourn Avenue
3530 North Kilbourn AvenueChicago, IL 60641
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,345
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,345
Total Monthly Price
$1,345
4519 N Milwaukee Ave
4519 N Milwaukee AveChicago, IL 60630
4411 N Kenneth Ave, Unit A2
4411 N Kenneth Ave
ChicagoIL60630
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$1,375
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,375
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$1,375
4606 N Monticello Ave, Unit 3S, Unit 3S
4606 N Monticello AveChicago, IL 60625
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$1,400 - $1,6001 to 2 Bedroom Apartments Available Now
5054 N Ridgeway Ave
5054 N Ridgeway AveChicago, IL 60625
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Studio to 2 Bedroom Apartments
Mayfair Commons - Senior Community
4444 W Lawrence AveChicago, IL 60630
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Mayfair Chicago, Chicago, IL Local Guide
How much does it cost to rent an apartment in Mayfair Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mayfair Chicago Studio Apartments | $1,171 | $1,015 | $1,250 |
| Mayfair Chicago 1 Bedroom Apartments | $1,858 | $1,195 | $2,900 |
| Mayfair Chicago 2 Bedroom Apartments | $2,085 | $1,300 | $4,650 |
| Mayfair Chicago 3 Bedroom Apartments | $2,772 | $1,850 | $4,650 |
| Mayfair Chicago 4 Bedroom Apartments | $3,395 | $3,395 | $3,395 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Mayfair Chicago Neighborhood of Chicago, IL.
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Cheapest Available Mayfair Chicago Apartments for Rent
The cheapest available apartment rental in the Mayfair Chicago area of Chicago, IL is a Studio unit found at 3957 W Irving Park Rd priced from $1,015. 4756 N. Maplewood Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Mayfair Chicago apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3957 W Irving Park Rd | Studio | Studio,1BA | $1,015 |
| 4756 N. Maplewood Ave. | 0BR/1.0BA | Studio,1BA | $1,250 |
| 5054 N Ridgeway Ave | 2 br | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Mayfair Chicago, IL
As of April 12, 2026 the best value apartment in the Mayfair Chicago area is the $0.18 price per square foot 3600 W Sunnyside Ave Model at 3600 W Sunnyside Ave, Unit 2 in the in the Albany Park neighborhood starting from $1,775. The second greatest value Mayfair Chicago apartment is the 5024 N Ridgeway Ave Model at 5024 N Ridgeway Ave, Unit 1 starting at $2,300 with a $1.28 price per square foot in the North Park neighborhood. Here is today’s list of the best values for Mayfair Chicago apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3600 W Sunnyside Ave, Unit 2 | 3600 W Sunnyside Ave | 2BR,1BA | $0.18 |
| 5024 N Ridgeway Ave, Unit 1 | 5024 N Ridgeway Ave | 3BR,1.5BA | $1.28 |
| 4301 N Drake Ave, Unit 3 | 4301 N Drake Ave | 3BR,1BA | $1.88 |
| 3429 N Lowell Ave, Unit 2 | 3429 N Lowell Ave | 2BR,1BA | $1.82 |
| 3821 N Lawndale Ave, Unit 1 | 3821 N Lawndale Ave | 1BR,1BA | $1.67 |
| 4425 N Kenton Ave, Unit Kenton Basement | 4425 N Kenton Ave | 1BR,1BA | $1.45 |
| 3817 N Lawndale Ave | 3817 N Lawndale Ave | 1BR,1BA | $1.66 |
| 4606 N Monticello Ave, Unit 3S | 4606 N Monticello Ave | 1BR,1BA | $1.53 |
| 5042 N Mango Ave, Unit 2 | 5042 N Mango Ave | 2BR,1BA | $1.89 |
| 5054 N Ridgeway Ave | 1 br | 1BR,1BA | $1.87 |
Frequently Asked Questions about Cheap Mayfair Chicago Apartments
What is the price of a cheap apartment in Mayfair Chicago?
The cheapest apartment in Mayfair Chicago is 5054 N Ridgeway Ave which is listed at $1,400, while the average apartment in Mayfair Chicago costs $3,395.
What types of apartments are the cheapest in Mayfair Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Mayfair Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Mayfair Chicago?
Cheap apartments in Mayfair Chicago have an average cost of $479 which is $2,916 cheaper than the average rent for all rentals in Mayfair Chicago.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
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Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.