
Cheap Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL from $1,300 (232 Rentals)Page 4 of 5
Search the lowest-cost Homes available for rent right now in the Magnificent Mile area of Chicago.


401 N Clark St

300 W Hubbard St, Unit 1402

20 E Scott St, Unit 202

20 E Scott St, Unit 202

474 N Lake Shore Dr, Unit 2304

111 W Maple St, Unit 3108

211 E Ohio St, Unit 14134

70 W Huron St

100 W Chestnut St

65 E Scott St

6 W Superior St

864 N Wabash Ave

849 N Franklin St, Unit 2201

124 W Chicago Ave

8 W Chestnut St

834 N La Salle St

303 W Ohio St, Unit 1806

347 E Wacker Dr, Unit 2009

210 N Michigan Ave

1415 N Dearborn St, Unit #C4

480 N McClurg Ct, Unit 912

200 N Dearborn St, Unit 1608

65 W Hubbard St

401 E Ontario St, Unit 503

111 E Chestnut St, Unit 23B

474 N Lake Shore Dr, Unit 2803

30 W Huron St, Unit 02606

300 N State St, Unit 04330

200 N Dearborn St, Unit 4303

10 E Ontario, Unit 3203

1212 N La Salle Dr, Unit 2604

360 E Randolph St, Unit 606

1122 N Clark St, Unit 2210

480 N McClurg Ct, Unit 312

155 N Harbor Dr

30 E Elm St

480 N McClurg Ct

1460 N Sandburg Terrace

630 N Franklin St

1212 N La Salle Dr

813 N La Salle Dr

528 N State St

333 W Wolf Point Plaza

156 W Superior St

629 N Wells St

55 W Chestnut St

224 N Clark St

1300 N Lake Shore Dr, Unit 1418

1111 N Dearborn St
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.