
Cheap Homes for Rent in Mayfair Chicago Neighborhood of Chicago, IL from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Mayfair Chicago area of Chicago.


4409 N Kenneth Ave, Unit 1A
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.

4409 N Kenneth Ave, Unit A2

4139 W Leland Ave
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.
Mayfair Chicago, Chicago, IL Local Guide

How much does it cost to rent a home in Mayfair Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mayfair Chicago 2 Bedroom Homes for Rent | $2,050 | $1,900 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Mayfair Chicago Neighborhood of Chicago, IL.
Explore Chicago
Best Value Apartments for Rent in Mayfair Chicago, IL
As of June 22, 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 5228 W Hutchinson St Model at 5228 W Hutchinson St, Unit 2 starting at $2,300 with a $1.35 price per square foot in the Dunning 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 |
| 5228 W Hutchinson St, Unit 2 | 5228 W Hutchinson St | 2BR,1BA | $1.35 |
| 5243 W Argyle St, Unit 2E | 5243 W Argyle St | 2BR,1BA | $1.71 |
| 3850 N Bernard St, Unit 2F | 3850 N Bernard St | 2BR,1BA | $1.80 |
| Emaret at Lincoln Square | 2 Beds, 1 bath | 2BR,1BA | $1.80 |
| 5226 W Hutchinson St, Unit 1 | 5226 W Hutchinson St | 2BR,1BA | $1.80 |
| 3457 N Lowell Ave, Unit Garden | 3457 N Lowell Ave | 2BR,1BA | $1.78 |
| 2659 N Monitor Ave | 1st floor | 2BR,1BA | $1.21 |
| 3610 W Sunnyside Ave, Unit 12 | 3610 W Sunnyside Ave | 1BR,1BA | $1.84 |
| 5054 N Ridgeway Ave | 1 br | 1BR,1BA | $1.87 |
Frequently Asked Questions about Mayfair Chicago
What type of rentals are currently available in Mayfair Chicago?
There are currently 87 Apartments for Rent in Mayfair Chicago, IL with pricing that ranges from $1,450 to $2,450. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mayfair Chicago ranging from $1,250 to $2,200.
What is the current price range for Rental Homes in Mayfair Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mayfair Chicago ranges from $1,250 to $2,200 with an average monthly rent of $1,600.
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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
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
Written by: Nicole Harms
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.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.