Cheap Homes for Rent in North Mayfair Neighborhood of Chicago, IL from $700 (51 Rentals)

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Search the lowest-cost Homes 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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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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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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North Mayfair, Chicago, IL Local Guide

Cheapest Available North Mayfair Apartments for Rent

 

The cheapest available apartment rental in the North Mayfair area of Chicago, IL is a Studio unit found at 3957 W Irving Park Rd priced from $995. 3255 W. Eastwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here are the most affordable North Mayfair apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
3957 W Irving Park RdStudioStudio,1BA$995
3255 W. Eastwood1 Bedroom1BR,1BA$1,180
Portage Park Theater Apartments1/1.01BR,1BA$1,400

Best Value Apartments for Rent in North Mayfair, IL

As of January 08, 2026 the best value apartment in the North Mayfair area is the $1.08 price per square foot 6441 N Francisco Ave Model at 6441 N Francisco Ave, Unit 2 in the in the West Ridge neighborhood starting from $2,100. The second greatest value North Mayfair 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 North Mayfair apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
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
3322 W Catalpa Ave, Unit 13322 W Catalpa Ave3BR,2BA$1.47
6229 N Richmond St, Unit 4S6229 N Richmond St3BR,2BA$1.58
4838 W Addison St, Unit 14838 W Addison St3BR,1BA$1.40
5820 W Berteau Ave, Unit 25820 W Berteau Ave3BR,1BA$1.30
4037 N Long Ave4037 N Long Ave2BR,1BA$1.56
4350 W Lawrence Ave, Unit Unit 4084350 W Lawrence Ave2BR,1BA$1.56
5319 W Giddings St, Unit One5319 W Giddings St2BR,1BA$1.47
5154 W EDDY ST, Unit Garden Unit5154 W EDDY ST2BR,1BA$1.45

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
North Mayfair, Chicago, IL

Ranked #78

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 North Mayfair

What type of rentals are currently available in North Mayfair?

There are currently 1172 Apartments for Rent in North Mayfair, IL with pricing that ranges from $995 to $7,522. There are also 167 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Mayfair ranging from $730 to $7,000.

What is the current price range for Rental Homes in North Mayfair?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Mayfair ranges from $730 to $7,000 with an average monthly rent of $2,926.

How much are larger Three and Four Bedroom Rentals in North Mayfair?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Mayfair range from $1,500 to $3,814, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $7,000. Four Bedroom Single-Family rentals are also available starting from $730 and Four Bedroom Apartments start at $2,200.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!