
1 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (372 Rentals)


The Scott Residences

Cascade

Marlowe

ONE Old Town Park

1325 N Wells Apartments

The Clark

Residences at 8 East Huron

Century Tower

21 E Chestnut
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Marquee at Block 37

The Archer

1100 North Lasalle

Two West Delaware

North Water Apartments

The Seneca Apartments

Arrive Streeterville

AMLI River North

Total Monthly Price
Hubbard Place
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Coast at Lakeshore East

Flair Tower Apartments

Total Monthly Price
One Superior Place

ReNew Waterside

The Streeter

Aqua at Lakeshore East

North Harbor Tower

MDA Apartments

West77 Apartments

14 West Elm Apartments
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868 N. Wells

920 N Wells

AMLI 808

One Bennett Park

Total Monthly Price
1225 Old Town

Total Monthly Price
State and Grand

Total Monthly Price
Lake and Wells

Lake Shore Plaza

Cobbler Square Lofts

500 Lake Shore Drive
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Asbury Plaza

Elm Street Plaza

871 N Franklin

Than Tower

369 Grand by Onni

One Chicago

465 North Park

The Sinclair

Aurelien

73 East Lake
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Magnificent Mile, Chicago, IL Local Guide

How much does it cost to rent an apartment in Magnificent Mile?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnificent Mile Studio Apartments | $2,527 | $1,245 | $8,000 |
Magnificent Mile 1 Bedroom Apartments | $3,144 | $1,600 | $10,000+ |
| Magnificent Mile 2 Bedroom Apartments | $4,820 | $2,200 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,266 | $2,895 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $28,968 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 372 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Magnificent Mile, Chicago, IL Local Guide
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Largest Available Magnificent Mile 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in the Magnificent Mile area of Chicago, IL is found at 10 E. Ontario St. and is listed at 995 square feet priced from $2,050. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 10 E. Ontario St. | 1 Bedroom | 995 Sq Ft | $2,050 |
| The Leo | 810 | 971 Sq Ft | $4,175 |
| One Chicago | LA3 | 957 Sq Ft | $4,394 |
| The Gallery on Wells | ga1bd15b | 951 Sq Ft | $3,927 |
| Two West Delaware | Plan 04B | 945 Sq Ft | $4,409 |
| Atwater Apartments | H | 929 Sq Ft | $3,528 |
| Axis Apartments and Lofts | One Bedroom | 926 Sq Ft | $2,390 |
| Optima Signature | Apex 08 | 923 Sq Ft | $4,343 |
| Linea Apartments | 1E | 915 Sq Ft | $2,943 |
| Arrive Streeterville | 11A One Bed | 911 Sq Ft | $2,769 |
Cheapest Available Magnificent Mile 1 Bedroom Apartments
Currently the lowest priced 1 Bedroom apartment unit Magnificent Mile of Chicago, IL is the 1 Bedroom 1 Bathroom Model starting from $1,230 at Maple. The average price for all 1 Bedroom apartments in Magnificent Mile is currently $3,144. Here is today’s list of the cheapest available 1 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Maple | 1 Bedroom 1 Bathroom | $1,230 |
| 18 E. Elm | 1 Bedroom 1 Bathroom | $1,895 |
| Park Dearborn | RELET/SUBLET ONE BED | $1,900 |
| 1000 N. LaSalle | 1-BR/1BA | $1,953 |
| 1036 N. Dearborn | 1 Bed / 1 Bath | $1,965 |
| 10 E. Ontario St. | 1 Bedroom Corner | $2,050 |
| 100 W. Chestnut | 1BR-JR/1BA | $2,079 |
| Lake Shore Plaza | One Bedroom | $2,135 |
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A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Central Chicago, IL. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about 1 Bedroom Magnificent Mile Apartments
What is the Cheapest apartment in Magnificent Mile with 1 Bedroom?
Currently the most affordable 1 Bedroom in Magnificent Mile is at Maple listed at $1,230.
How much is the average rent for a 1 Bedroom Magnificent Mile Apartment?
The average rent for a 1 Bedroom Apartment in Magnificent Mile is $3,144.
What is the largest available 1 Bedroom Magnificent Mile Apartment for rent?
Today's apartment with the most square footage in Magnificent Mile is a 995 square feet unit starting from $2,050 at 10 E. Ontario St..
What is the average size for Magnificent Mile 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Magnificent Mile is currently 744 sq ft.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Articles, How-To's, and Tips

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.