
Luxury Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL (344 Rentals)
The most luxurious Homes in the Magnificent Mile area of Chicago with high-end amenities, features, and finishes.


11 E Walton St, Unit 4101

363 E Wacker Dr, Unit 7501

1035 N Dearborn St, Unit 21PH

340 E Randolph St, Unit 4901

33 W Huron St, Unit 810

33 W Huron St, Unit 810

600 N Lake Shore Dr, Unit 512

600 N Lake Shore Dr, Unit 512

14 W Superior St, Unit 2909

14 W Superior St, Unit 2909
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

153 W Ohio St, Unit 501

363 E Wacker Dr, Unit 4007

600 N Fairbanks Ct, Unit 03201

160 E Illinois St, Unit 3801

1314 N Dearborn St, Unit 001

1300 N Lake Shore Dr, Unit 010B

1300 N Lake Shore Dr, Unit 10B

219 W Chicago Ave, Unit 400

219 W Chicago Ave, Unit 400

401 N Wabash Ave, Unit 029C

450 E Waterside Dr, Unit 4101

111 E Chestnut St, Unit 38a

111 E Chestnut St, Unit 38a

420 E Waterside Dr, Unit 3909

550 N Saint Clair St, Unit 2501

361 W Superior St

414 N Orleans St, Unit 2007

1200 N Wells St, Unit 2609

230 N Michigan Ave, Unit 3801

1410 N North Park Ave, Unit 1

155 N Harbor Dr, Unit 3107

1300 N Lake Shore Dr, Unit 27C

474 N Lake Shore Dr, Unit 3104-05

990 N Lake Shore Dr, Unit 014C

1330 N La Salle Dr

1200 N La Salle Dr, Unit 1206

1330 N La Salle Dr

240 E Illinois St, Unit 1501

330 W GRAND Ave, Unit 1502

40 E Delaware Pl, Unit 602

502 E Illinois St, Unit 507

80 E Wacker Pl, Unit 2405

130 N Garland Ct, Unit 1905

1330 N La Salle Dr, Unit 311

630 N Franklin St, Unit 1110

77 W Chestnut St, Unit 2B

400 E Ohio St, Unit 29E

240 E Illinois St, Unit 2311

208 W Washington St, Unit #1411
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 | $3,748 | $2,195 | $8,146 |
Magnificent Mile 3 Bedroom Homes for Rent | $7,971 | $3,799 | $10,000+ |
Magnificent Mile 4 Bedroom Homes for Rent | $13,253 | $4,800 | $10,000+ |
Magnificent Mile 5 Bedroom Homes for Rent | $11,350 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 344 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
Explore Chicago
Magnificent Mile, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 664 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 $6,784.
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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.