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Rent Specials
from $1,805Studio to 2 Bedroom Apartments Available Now
Lake and Wells
210 N Wells StChicago, IL 60606
Student Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (12 Rentals)
Rentals in the Magnificent Mile area of Chicago near campus with by-the-room pricing and amenities for students.
215 W Lake St
ChicagoIL60606
Top Neighborhoods Near Chicago Colleges and Universities
Learn about the best Chicago neighborhoods for student renters by our Chicago, IL Local Expert Nicole Harms
201 N Garland Ct
ChicagoIL60601
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Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.
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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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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.
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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.
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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
Showing Results 1-12, Page 1 of 1
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 | $2,672 | $1,065 | $8,000 |
| Magnificent Mile 1 Bedroom Apartments | $3,539 | $1,375 | $10,000+ |
| Magnificent Mile 2 Bedroom Apartments | $5,408 | $1,407 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $8,874 | $1,626 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $21,999 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Magnificent Mile, Chicago, IL Local Guide
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Quick Rent Budget Calculator
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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 LifestyleMagnificent Mile, Chicago, IL
Ranked #8
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Outdoors Rating
For some, access to parks and outdoor amenities is something they look for when they rent. This area of town is a highly-rated neighborhood for its parks and greenspace, with a score of 4.0 out of 4.
Pet Friendly Rating
Does your family raise dogs or cats? this part of town is known as one of the best neighborhoods for pet owners who rent, with a score of 4.0 out of 4.
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 Student Magnificent Mile Apartments
What is the Cheapest Student apartment in Magnificent Mile?
Currently the most affordable Student Apartment in Magnificent Mile is at Lake and Wells listed at $1,805.
How much is the average rent for a Student Magnificent Mile Apartment?
The average rent for a Student Apartment in Magnificent Mile is $3,004.
What is the largest Student Magnificent Mile Apartment for rent?
Today's Student apartment with the most square footage in Magnificent Mile is a 1,326 square feet unit starting from $1,805 at Lake and Wells.
What is the average size for Magnificent Mile Student Apartments for rent?
The average size for a Student rental in Magnificent Mile is currently at 584 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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.