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Rent Specials
from $1,196Studio to 2 Bedroom Apartments Available Now
Gramercy Row Apartments
660 N Dearborn StChicago, IL 60654
Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL Under $1,200 (9 Rentals)
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from $1,105Studio Apartments Contact Us For Availability
Dearborn Plaza
1030 N Dearborn StChicago, IL 60610
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from $1,2001 Bedroom Apartment Available Apr 1
19 E Division St, Unit #1R
19 E Division StChicago, IL 60610
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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
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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 | $2,524 | $1,105 | $8,000 |
| Magnificent Mile 1 Bedroom Apartments | $3,344 | $1,200 | $10,000+ |
| Magnificent Mile 2 Bedroom Apartments | $5,066 | $1,407 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $8,672 | $1,626 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $27,928 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 9 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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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 Magnificent Mile
How much are Studio apartments in Magnificent Mile?
There are currently 192 Studio Apartments in Magnificent Mile with rent ranges from $1,105 to $8,000 with an average price of $2,524.
What is the current price range for One Bedroom Magnificent Mile Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Magnificent Mile ranges from $1,200 to $12,718 with an average monthly rent of $3,344.
What does renting a Two Bedroom Apartment in Magnificent Mile cost?
The monthly rent prices of Two Bedroom Apartments currently available in Magnificent Mile range from $1,407 to $21,180. Today's average rental price for Two Bedrooms here is $5,066.
How expensive are Magnificent Mile Three Bedroom Apartments?
There are currently 143 Three Bedroom Apartments listings available in Magnificent Mile on ApartmentHomeLiving.com. The pricing ranges from $1,626 to $38,481 - averaging $8,672 for the location.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
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.