Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL Under $1,500 (35 Rentals)
1400 N Lake Shore Dr
Dearborn North
Gramercy Row Apartments
Sedgwick Apartments
Dearborn Plaza
11 W. Division
1100 North Lasalle
25 E. Delaware
1330 N Dearborn
1150 N Dearborn St, Unit M01B
1154 N Dearborn St, Unit M07B
1335 N Dearborn St, Unit 504
1447 N Dearborn St, Unit M03B
1350 N Dearborn St, Unit M02B
1160 N Dearborn St, Unit S07C
1160 N Dearborn St, Unit 306
1160 N Dearborn St, Unit #504
600 N Lake Shore Dr
55 E Erie St
1355 N. Dearborn Street
1162 - 1168 N La Salle Blvd
211 E. Ohio St.
Maple
10 West Elm
1347 N Dearborn
Stanford Apartments
25 W Hubbard St
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 | $2,475 | $875 | $8,000 |
Magnificent Mile 1 Bedroom Apartments | $3,269 | $200 | $10,000+ |
Magnificent Mile 2 Bedroom Apartments | $4,918 | $1,407 | $10,000+ |
Magnificent Mile 3 Bedroom Apartments | $8,145 | $1,626 | $10,000+ |
Magnificent Mile 4 Bedroom Apartments | $23,220 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 35 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
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.
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 187 Studio Apartments in Magnificent Mile with rent ranges from $875 to $8,000 with an average price of $2,475.
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 $200 to $12,718 with an average monthly rent of $3,269.
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 $19,194. Today's average rental price for Two Bedrooms here is $4,918.
How expensive are Magnificent Mile Three Bedroom Apartments?
There are currently 138 Three Bedroom Apartments listings available in Magnificent Mile on ApartmentHomeLiving.com. The pricing ranges from $1,626 to $38,481 - averaging $8,145 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.
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.
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.
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.