
Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL Under $2,000 (102 Rentals)


The Clark

Century Tower

ONE Old Town Park

MDA Apartments

1100 North Lasalle

14 West Elm Apartments

The Seneca Apartments

920 N Wells

Lake and Wells
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Lake Shore Plaza

Cobbler Square Lofts

The Ardus

The Bush Temple

The Deco North Lake Shore

215 West Apartments

1100 N Dearborn

Park Dearborn

Dearborn North

1120 N. LaSalle
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Gramercy Row Apartments

Sedgwick Apartments

Axis Apartments and Lofts

Dearborn Plaza

1162 - 1168 N La Salle Blvd

1330 N Dearborn

55 W. Chestnut
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1000 N. LaSalle

65 East Scott

1111 N. Dearborn St.

320 N. Michigan

Lakeside 800

Millennium Park Plaza

244 E. Pearson

Pittsfield Apartments

25 E. Delaware
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

1036 N. Dearborn

1350 N Dearborn St, Unit #1347-607

118 W Chicago Ave, Unit 1

1435 N Dearborn St, Unit B2

1160 N Dearborn St, Unit 415

1160 N Dearborn St, Unit 209

1350 N Dearborn St, Unit 408
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 102 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
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 195 Studio Apartments in Magnificent Mile with rent ranges from $1,065 to $8,000 with an average price of $2,672.
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 $1,375 to $10,500 with an average monthly rent of $3,539.
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 $16,366. Today's average rental price for Two Bedrooms here is $5,408.
How expensive are Magnificent Mile Three Bedroom Apartments?
There are currently 145 Three Bedroom Apartments listings available in Magnificent Mile on ApartmentHomeLiving.com. The pricing ranges from $1,626 to $38,481 - averaging $8,874 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
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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.

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.

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