1 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (315 Rentals)

Shoreham and Tides

One Chicago

Residences at 8 East Huron

Century Tower

Exhibit on Superior
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

West77 Apartments

North Water Apartments

Hubbard Place

Coast at Lakeshore East

Chestnut Tower Apartments

Aqua at Lakeshore East
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Seneca Apartments

MDA Apartments
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

The Chicagoan

1100 North Lasalle

14 West Elm Apartments

868 N. Wells

920 N Wells

Lake and Wells

Lofts At River East

State and Grand

500 Lake Shore Drive

871 N Franklin

The Ardus
Magnificent Mile, Chicago, IL Local Guide

How much does it cost to rent an apartment in Magnificent Mile?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnificent Mile Studio Apartments | $2,657 | $1,105 | $8,000 |
Magnificent Mile 1 Bedroom Apartments | $3,410 | $1,375 | $10,000+ |
Magnificent Mile 2 Bedroom Apartments | $5,208 | $1,407 | $10,000+ |
Magnificent Mile 3 Bedroom Apartments | $8,609 | $1,626 | $10,000+ |
Magnificent Mile 4 Bedroom Apartments | $21,999 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 315 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Magnificent Mile, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Magnificent Mile 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in the Magnificent Mile area of Chicago, IL is found at Cobbler Square Lofts and is listed at 1,018 square feet priced from $2,609. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Cobbler Square Lofts | AA11 | 1,018 Sq Ft | $2,609 |
Niche 905 | 1E | 1,008 Sq Ft | $3,671 |
1221 N. LaSalle Lofts | 1x1 | 1,000 Sq Ft | $2,445 |
10 E. Ontario St. | 1 Bedroom | 995 Sq Ft | $2,050 |
Marquee at Block 37 | 1 Bedroom x 03 | 985 Sq Ft | $3,090 |
Aston | B3 | 969 Sq Ft | $3,447 |
Two West Delaware | Plan P01 | 960 Sq Ft | $3,807 |
Lofts At River East | 1 Bedroom | 946 Sq Ft | $3,260 |
Columbus Plaza | 1 Bedroom | 792 Sq Ft | $1,991 |
Cheapest Available Magnificent Mile 1 Bedroom Apartments
Currently the lowest priced 1 Bedroom apartment unit Magnificent Mile of Chicago, IL is the 1 Bedroom 1 Bathroom Model starting from $1,230 at Maple. The average price for all 1 Bedroom apartments in Magnificent Mile is currently $3,410. Here is today’s list of the cheapest available 1 Bedroom options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
Maple | 1 Bedroom 1 Bathroom | $1,230 |
1162 - 1168 N La Salle Blvd | 1 Bed 1 Bath | $1,375 |
Atrium at Old Town Park | Convertible 1 Bedroom | $1,643 |
Gramercy Row Apartments | 1 Bedroom Floor Plan A3 672 2F | $1,700 |
1100 North Lasalle | 1 Bedroom | $1,715 |
18 E. Elm | 1 Bedroom 1 Bathroom | $1,795 |
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.
Pet Friendly LifestyleMagnificent Mile, Chicago, IL
Ranked #5
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Central Chicago, IL. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Magnificent Mile Neighborhood in Chicago, IL
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
98 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 1 Bedroom Magnificent Mile Apartments
What is the Cheapest apartment in Magnificent Mile with 1 Bedroom?
Currently the most affordable 1 Bedroom in Magnificent Mile is at Maple listed at $1,230.
How much is the average rent for a 1 Bedroom Magnificent Mile Apartment?
The average rent for a 1 Bedroom Apartment in Magnificent Mile is $3,410.
What is the largest available 1 Bedroom Magnificent Mile Apartment for rent?
Today's apartment with the most square footage in Magnificent Mile is a 1,018 square feet unit starting from $2,609 at Cobbler Square Lofts.
What is the average size for Magnificent Mile 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Magnificent Mile is currently 812 sq ft.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.