Studio Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (211 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Chicago's Best Affordable Neighborhoods

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Magnificent Mile, Chicago, IL Local Guide

Largest Available Magnificent Mile Studio Apartments

The largest available Studio apartment unit in the Magnificent Mile area of Chicago, IL is found at Lake and Wells and is listed at 874 square feet priced from $2,627. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Lake and WellsC1 - 1103 & 1105874 Sq Ft$2,627
The Gallery on WellsJunior One Bedroom (758 sf)758 Sq Ft$3,096
Cobbler Square LoftsFS19726 Sq Ft$2,101
73 East Lake10a692 Sq Ft$2,820
North Water ApartmentsCF687 Sq Ft$3,123
Aqua at Lakeshore EastConvertible 04b681 Sq Ft$2,389
215 West Apartmentsconvertible / 1 bath (T09)662 Sq Ft$2,232
OneElevenStudio Alcove661 Sq Ft$2,667
Millennium on LaSalles20639 Sq Ft$2,228
MomentStudio 10-Avenue636 Sq Ft$2,365

Cheapest Available Magnificent Mile Studio Apartments

Currently the lowest priced Studio apartment unit Magnificent Mile of Chicago, IL is the C05 Model starting from $1,065 at 920 N Wells. The average price for all Studio apartments in Magnificent Mile is currently $2,672. Here is today’s list of the cheapest available Studio options in the area:

Apartment ListingModel NamePriced From
920 N WellsC05$1,065
11 W. DivisionStudio$1,225
211 E. DelawareStudio$1,295
25 E. DelawareStudio$1,295
18 E. ElmStudio$1,365
1100 North LasalleStudio$1,390
1036 N. DearbornStudio$1,395

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Magnificent Mile, Chicago, IL

Ranked #8

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Chicago. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

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 Studio Magnificent Mile Apartments

What is the Cheapest apartment in Magnificent Mile with Studio?

Currently the most affordable Studio in Magnificent Mile is at 920 N Wells listed at $1,065.

How much is the average rent for a Studio Magnificent Mile Apartment?

The average rent for a Studio Apartment in Magnificent Mile is $2,672.

What is the largest available Studio Magnificent Mile Apartment for rent?

Today's apartment with the most square footage in Magnificent Mile is a 874 square feet unit starting from $2,627 at Lake and Wells.

What is the average size for Magnificent Mile Studio Apartments for rent?

The average size for a Studio rental in Magnificent Mile is currently 535 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.

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

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.