Cheap Apartments for Rent in the North Mayfair Neighborhood of Chicago, IL from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Mayfair area of Chicago.

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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5651 N Christiana Ave
Studio to 2 Bedroom Apartments

5651 N Christiana Ave

5651 N Christiana AveChicago, IL 60659
  • Utilities Included
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4142 N Keystone Ave
Studio to 1 Bedroom Apartments

4142 N Keystone Ave

4142 N Keystone AveChicago, IL 60641
  • Utilities Included
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4831 N Kimball Ave
Studio to 2 Bedroom Apartments

4831 N Kimball Ave

4831 N Kimball AveChicago, IL 60625
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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4720 N Spaulding Ave
1 to 2 Bedroom Apartments

4720 N Spaulding Ave

4720 N Spaulding AveChicago, IL 60625
  • Utilities Included
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4855 N Kimball Ave
Studio to 1 Bedroom Apartments

4855 N Kimball Ave

4855 N Kimball AveChicago, IL 60625
  • Utilities Included
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6439-45 N Richmond St
Studio to 2 Bedroom Apartments

6439-45 N Richmond St

6439-45 N Richmond StChicago, IL 60645
  • Utilities Included
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3401-3411 N Pulaski Ave
Studio to 2 Bedroom Apartments

3401-3411 N Pulaski Ave

3401-3411 N Pulaski AveChicago, IL 60641
  • Utilities Included
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4720-4730 W Addison St
Studio to 2 Bedroom Apartments

4720-4730 W Addison St

4720-4730 W Addison StChicago, IL 60641
  • Utilities Included

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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4815 N Springfield
1 to 2 Bedroom Apartments

4815 N Springfield

4815 N SpringfieldChicago, IL 60625
  • Utilities Included
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3700 W. Cornelia
Studio to 2 Bedroom Apartments

3700 W. Cornelia

3700 W CorneliaChicago, IL 60618
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Kimball 5324 N
1 to 2 Bedroom Apartments

Kimball 5324 N

5324-5326 N Kimball AveChicago, IL 60625
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4130 N Keystone Ave
Studio to 1 Bedroom Apartments

4130 N Keystone Ave

4130 N Keystone AveChicago, IL 60641
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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4142 N Avers Ave
1 to 2 Bedroom Apartments

4142 N Avers Ave

4142 N Avers AveChicago, IL 60618
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4155 N Keystone Ave
1 Bedroom Apartments

4155 N Keystone Ave

4155 N Keystone AveChicago, IL 60641
  • Utilities Included

North Mayfair, Chicago, IL Local Guide

Cheapest Available North Mayfair Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
5054 N Ridgeway Ave2 br2BR,1BA$1,400

Best Value Apartments for Rent in North Mayfair, IL

As of March 24, 2026 the best value apartment in the North Mayfair area is the $0.91 price per square foot 5822 N Spaulding Ave Model at 5822 N Spaulding Ave, Unit 2 in the in the North Park neighborhood starting from $1,995. The second greatest value North Mayfair apartment is the 6136 N Mozart St Model at 6136 N Mozart St, Unit 4 starting at $3,300 with a $1.65 price per square foot in the West Ridge neighborhood. Here is today’s list of the best values for North Mayfair apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5822 N Spaulding Ave, Unit 25822 N Spaulding Ave2BR,1BA$0.91
6136 N Mozart St, Unit 46136 N Mozart St4BR,2BA$1.65
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
5024 N Ridgeway Ave, Unit 15024 N Ridgeway Ave3BR,1.5BA$1.28
6140 N Mozart St, Unit 36140 N Mozart St3BR,2BA$1.22
3223 W Olive Ave, Unit Unit #13223 W Olive Ave3BR,1BA$1.60
4820 N Albany Ave4820 N Albany Ave3BR,1BA$1.23
5624 N Marmora Ave, Unit 35624 N Marmora Ave2BR,1BA$1.67
5545 N Luna Ave, Unit 15545 N Luna Ave2BR,1BA$1.67
5351 N Kimball Ave, Unit Garden5351 N Kimball Ave3BR,1BA$1.67

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Pet Friendly Lifestyle
North Mayfair, Chicago, IL

Ranked #150

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap North Mayfair Apartments

What is the price of a cheap apartment in North Mayfair?

The cheapest apartment in North Mayfair is 4014 North Central Park which is listed at $1,799, while the average apartment in North Mayfair costs $3,300.

What types of apartments are the cheapest in North Mayfair?

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 North Mayfair 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 North Mayfair?

Cheap apartments in North Mayfair have an average cost of $286 which is $3,014 cheaper than the average rent for all rentals in North Mayfair.

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

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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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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.

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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.

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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

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Maximizing Your Refund: Essential Tax Tips for Renters

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.