1 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (417 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

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Magnificent Mile, Chicago, IL Local Guide

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 Axis Apartments and Lofts and is listed at 1,243 square feet priced from $2,695. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Axis Apartments and LoftsOne Bedroom Loft1,243 Sq Ft$2,695
One ChicagoCA81,177 Sq Ft$6,494
Hubbard PlaceHub041,110 Sq Ft$3,755
Wolf Point EastA+D-21,083 Sq Ft$4,668
Lofts At River East1 Bedroom Plus Den1,056 Sq Ft$3,200
10 E. Ontario St.1 Bedroom995 Sq Ft$2,050
868 N. WellsA19a951 Sq Ft$3,905
Columbus Plaza1 Bedroom792 Sq Ft$2,194
The Gallery on Wells1 Bedroom598 Sq Ft$2,393

Cheapest Available Magnificent Mile 1 Bedroom Apartments

Currently the lowest priced 1 Bedroom apartment unit Magnificent Mile of Chicago, IL is the 1 Bed 1 Bath Model starting from $1,375 at 1162 - 1168 N La Salle Blvd. The average price for all 1 Bedroom apartments in Magnificent Mile is currently $3,383. Here is today’s list of the cheapest available 1 Bedroom options in the area:

Apartment ListingModel NamePriced From
1162 - 1168 N La Salle Blvd1 Bed 1 Bath$1,375
Atrium at Old Town ParkConvertible 1 Bedroom$1,643
1100 North Lasalle1 Bedroom$1,715
18 E. Elm1 Bedroom 1 Bathroom$1,795
1036 N. Dearborn1 Bedroom 1 Bathroom$1,845
320 N. Michigan1 Bed/1 Bath$1,895
Columbus PlazaConvertible$1,916
55 W. ChestnutConvertible$1,967

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Magnificent Mile, Chicago, IL

Ranked #4

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Magnificent Mile Neighborhood in Chicago, IL

Walk Score®

100 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

98 / 100

Rider’s Paradise

World-class public transportation

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 1162 - 1168 N La Salle Blvd listed at $1,375.

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 $3,383.

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 1,243 square feet unit starting from $2,695 at Axis Apartments and Lofts.

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 920 sq ft.

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.