Cheap Apartments for Rent in the Mayfair Chicago Neighborhood of Chicago, IL from $700 (4 Rentals)

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

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Mayfair Chicago, Chicago, IL Local Guide

Best Value Apartments for Rent in Mayfair Chicago, IL

As of March 23, 2025 the best value apartment in the Mayfair Chicago area is the $1.29 price per square foot 4634 N Kelso Ave Model at 4634 N Kelso Ave, Unit 2 in the in the Sauganash neighborhood starting from $1,940. The second greatest value Mayfair Chicago apartment is the 4415 N Kildare Ave Model at 4415 N Kildare Ave, Unit 2 starting at $2,199 with a $1.47 price per square foot in the Sauganash neighborhood. Here is today’s list of the best values for Mayfair Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4634 N Kelso Ave, Unit 24634 N Kelso Ave3BR,1BA$1.29
4415 N Kildare Ave, Unit 24415 N Kildare Ave3BR,1BA$1.47
4139 W Leland Ave, Unit 2W4139 W Leland Ave2BR,1BA$1.75
4601 N Kasson Ave, Unit 34601 N Kasson Ave2BR,1BA$2.00
4523 N Keokuk Ave, Unit Garden Unit4523 N Keokuk Ave1BR,1BA$1.66
4338 W Lawrence Ave, Unit 24338 W Lawrence Ave1BR,1BA$1.93

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Mayfair Chicago Neighborhood in Chicago, IL

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Mayfair Chicago Apartments

How much is rent for a Cheap One Bedroom Mayfair Chicago Apartment?

The lowest price for a Cheap One Bedroom Mayfair Chicago Apartment is $1,450 at .

What is the lowest price for a Cheap Two Bedroom Mayfair Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mayfair Chicago is starting from $1,750 at .

What is the most affordable Mayfair Chicago Three Bedroom Apartment?

The best deal on a cheap Mayfair Chicago Three Bedroom Apartment rental is at and starts from $1,940.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.