
Cheap Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL from $1,100 (183 Rentals)Page 2 of 4
Search the lowest-cost Homes available for rent right now in the Magnificent Mile area of Chicago.


330 W Grand Ave, Unit 1505

550 N Saint Clair St, Unit 903

330 W Grand Ave

1122 N Clark St

1130 E Cedar St

535 N Michigan Ave, Unit 2507

180 W Randolph St

186 E Chestnut St

1140 N La Salle Dr

260 E Chestnut St, Unit 804

400 N La Salle Dr, Unit 2206

1355 N Sandburg Ter, Unit 1907

401 E Ontario St, Unit 2501

755 N Wells St, Unit 2

1340 N Dearborn St, Unit 16F

1122 N Clark St, Unit 1122

443 E Ohio St

431 E Ohio St

130 N Garland Ct

512 N McClurg Ct

400 N La Salle Dr

400 E Randolph St, Unit 2521

400 E Randolph St

782 N Dearborn St

233 E Erie St, Unit 1506

230 E Ontario St, Unit 1302

188 E Chestnut St

130 N Garland Ct, Unit 2901

1427 N Dearborn St, Unit 2B

1435 N Dearborn St, Unit B2

400 E Randolph St, Unit 2521

1435 N Dearborn St

750n N Dearborn St

150 N Wells St

111 E Chestnut St, Unit 10E

58 W Superior St

162 W Division St, Unit 313

455 E Ohio St

1163 N Dearborn St

1220 N La Salle Dr, Unit h3

1220 N La Salle Dr

1133 N Dearborn St

175 E Delaware Pl, Unit 4908

300 N State St, Unit 3826

33 W Ontario St, Unit 23d

211 E Ohio St, Unit 1225

10 E Ontario St, Unit 2801

200 N Dearborn St, Unit 2405

247 E Chestnut St, Unit 504
Magnificent Mile, Chicago, IL Local Guide

How much does it cost to rent a home in Magnificent Mile?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Magnificent Mile 2 Bedroom Homes for Rent | $3,860 | $2,195 | $8,146 |
Magnificent Mile 3 Bedroom Homes for Rent | $8,547 | $3,995 | $10,000+ |
Magnificent Mile 4 Bedroom Homes for Rent | $11,176 | $4,800 | $10,000+ |
Magnificent Mile 5 Bedroom Homes for Rent | $10,050 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 183 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Frequently Asked Questions about Magnificent Mile
What type of rentals are currently available in Magnificent Mile?
There are currently 647 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 652 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,195 to $30,000.
What is the current price range for Rental Homes in Magnificent Mile?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnificent Mile ranges from $1,195 to $30,000 with an average monthly rent of $6,353.
How much are larger Three and Four Bedroom Rentals in Magnificent Mile?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnificent Mile range from $1,626 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,995 to $30,000. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $6,250.
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.