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


190 N Garland Ct

100 E Walton St

400 E Randolph St, Unit 24

180 Randolph St

324 E Wacker Dr

2 E Oak St

299 E Wacker Dr

406 East South Water Street

360 East South Water Street

400 East South Water Street

1425 N Dearborn St, Unit C4

1425 N Dearborn St, Unit C3

1425 N Dearborn St, Unit A2

1425 N Dearborn St, Unit C4

212 W Superior St

68 W Hubbard St, Unit 2007

226 E Illinois St

512 N McClurg Ct, Unit 705

360 W Illinois St, Unit 7B

30 E Huron St, Unit 1305

1122 N Dearborn St, Unit 11D

70 W Huron St, Unit 1205

200 N Dearborn St, Unit 4303

1122 N Clark St, Unit 3202

70 W Huron St, Unit 2407

155 N Harbor Dr, Unit 4606

200 N Dearborn St, Unit 3603

1224 N Dearborn St

222 Pearson

155 N Harbor Dr

535 N Michigan Ave
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.