What is the average rent in Mayfair?

As of June 2026, the median asking rent in Mayfair is $1,300 per month, based on 5 leased listings.

Are rents in Mayfair going up or down?

Median asking rent in Mayfair is down 10.3% compared with a year ago.

Mayfair's median asking rent is 48% below the Chicago citywide median of $2,500.

Chicago, IL · June 2026 · Abode managed-community data (includes concession-adjusted effective rents)

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Asking rentEffective rent (after concessions)Concession spread

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

What is the average rent in Mayfair?: As of June 2026, the median asking rent in Mayfair is $1,300 per month, based on 5 leased listings.
Are rents in Mayfair going up or down?: Median asking rent in Mayfair is down 10.3% compared with a year ago.
Is Mayfair more expensive than Chicago overall?: Mayfair's median asking rent is 48% below the Chicago citywide median of $2,500.

Beyond the numbers

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