
Cheap Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL from $1,300 (232 Rentals)Page 3 of 5
Search the lowest-cost Homes available for rent right now in the Magnificent Mile area of Chicago.


737 N La Salle Dr

111 E Chestnut St

300 N State St, Unit 3826

211 E Ohio St, Unit 1225

175 E Delaware Pl, Unit 4908

163 W Division St

200 N Dearborn St, Unit 2405

300 N State St, Unit 3826

247 E Chestnut St, Unit 504

10 E Ontario St, Unit 2801

316 W Illinois St

33 W Delaware Pl

175 E Delaware Pl

321 E Erie St, Unit 3501

613 N Wells St

826 N Wells St

719 N Clark St

811 N La Salle Dr

70 W Huron St, Unit 2101

126 W Chicago Ave

794 N La Salle Dr

630 N Wells St

1455 N Sandburg Ter, Unit 2107

1455 N Sandburg Terrace

216 W Chicago Ave, Unit 221

440 N Wabash Ave, Unit 01707

1455 N Sandburg Ter, Unit 2050

224 W Hubbard St

333 E Wacker Dr

339 W Illinois St

345 N La Salle Dr

20 N State St

750 N Dearborn St

805 N Wells St

200 W Superior St, Unit 2706B

6 N Michigan Ave, Unit 909

200 N Dearborn St, Unit 04503

433 N Wells St, Unit 410

1445 N State Pkwy

1212 N LaSalle Dr, Unit 1605

211 E Ohio St, Unit 2513

333 W Hubbard St, Unit 510

206 W Division St

111 W Maple St

211 E Ohio St

1001 N La Salle St

55 E Banks St

47 W Washington St

849 N Dearborn St, Unit 11H
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 | $3,840 | $2,300 | $8,146 |
Magnificent Mile 3 Bedroom Homes for Rent | $7,830 | $3,799 | $10,000+ |
Magnificent Mile 4 Bedroom Homes for Rent | $13,690 | $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 232 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 653 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 683 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,325 to $35,000.
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 $1,325 to $35,000 with an average monthly rent of $6,642.
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 $3,799 to $30,000. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $7,000.
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.