Ayew who signed on a free transfer from Marseille has settled quickly in the Premier League with three goals and one assist during the Swans impressive start.
The Black Stars forward has been nominated alongside his Swansea mate Bafetimbi Gomis.
Manchester City duo Aleksander Kolarov and striker David Silva are also among the nominees with Manchester United’s Chris Smalling and Leicester City’s Riyad Mahrez completing the list.
Gomis scored in every game in the month as Swansea went unbeaten in their first four matches while Kolarov has been part of a defence that did not concede a goal in August and he also scored against Everton while United defender Smalling has enjoyed a solid start to the season.
He helped United keep three clean sheets during the month in their run of two wins a draw and a defeat.
Mahrez has impressed for Leicester with four goals in four games as they made an unbeaten start while quicksilver Silva is the final contender.
The Manchester City playmaker was central to his team’s unbeaten start with one goal and four assists.