Studio Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (182 Rentals)

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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 The Gallery on Wells and is listed at 758 square feet priced from $2,905. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
The Gallery on WellsJunior One Bedroom (758 sf)758 Sq Ft$2,905
Optima SignatureTower 07730 Sq Ft$2,628
Marquee at Block 37Convertible x 1F715 Sq Ft$2,100
The StreeterJr. One Bed Style (C)713 Sq Ft$2,585
Atwater ApartmentsC708 Sq Ft$2,347
Linea ApartmentsC3703 Sq Ft$2,410
73 East Lake10b698 Sq Ft$2,560
AurelienShimmer696 Sq Ft$2,801
3ELEVENJr. 1 Bedroom - 04692 Sq Ft$2,394
MDA ApartmentsS15690 Sq Ft$1,895

Cheapest Available Magnificent Mile Studio Apartments

Currently the lowest priced Studio apartment unit Magnificent Mile of Chicago, IL is the Clark - Studio Model starting from $995 at 1011 Clark. The average price for all Studio apartments in Magnificent Mile is currently $2,462. Here is today’s list of the cheapest available Studio options in the area:

Apartment ListingModel NamePriced From
1011 ClarkClark - Studio$995
Gramercy Row ApartmentsStudio Floor Plan S16$1,223
18 E. ElmStudio$1,335
211 E. DelawareStudio$1,335
Park DearbornSouth Bookcase$1,425

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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 1011 Clark listed at $995.

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

The average rent for a Studio Apartment in Magnificent Mile is $2,462.

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

Today's apartment with the most square footage in Magnificent Mile is a 758 square feet unit starting from $2,905 at The Gallery on 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 554 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

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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.