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$1,600 - $1,7001 Bedroom Apartments Contact Us For Availability
14 West Elm Apartments
14 W Elm StChicago, IL 60610
Cheap 1 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL from $1,600 (17 Rentals)
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$1,695 - $1,8951 Bedroom Apartments Available Aug 1
Dearborn North
1117 N Dearborn StChicago, IL 60610
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$1,7001 Bedroom Apartments Contact Us For Availability
1330 N Dearborn
1330 N Dearborn StChicago, IL 60610
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$1,838 - $2,436
Total Monthly Price
1 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,789 - $3,323
Total Monthly Price
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55 W. Chestnut
55 W Chestnut StChicago, IL 60610
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$1,895 - $1,9251 Bedroom Apartments Available Now
18 E. Elm
18 E Elm StChicago, IL 60611
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.
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$1,925 - $2,0451 Bedroom Apartments Available Now
1036 N. Dearborn
1036 N Dearborn StChicago, IL 60610
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1 Bedroom Apartments
25 W Hubbard St
25 W Hubbard StChicago, IL 60654
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1 Bedroom Apartments
Maple
150 W Maple StChicago, IL 60610
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1 Bedroom Apartments
211 E. Ohio St.
205-215 E Ohio StChicago, IL 60611
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1 Bedroom Apartments
1162 - 1168 N La Salle Blvd
1162-1168 N La Salle BlvdChicago, IL 60610
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
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1 Bedroom Apartments
Atrium at Old Town Park
303 W Division StChicago, IL 60610
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1 Bedroom Apartments
Two East Oak
2 E Oak StChicago, IL 60611
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1 Bedroom Apartments
1425 N Dearborn St
1425 N Dearborn StChicago, IL 60610
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1 Bedroom Apartments
200 N. Dearborn St.
200 N Dearborn StChicago, IL 60601
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1 Bedroom Apartments
600 N Lake Shore Dr
600 N Lake Shore DrChicago, IL 60611
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 Bedroom Apartments
55 E Erie St
55 E Erie StChicago, IL 60611
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1 Bedroom Apartments
Morningside South
171 W Oak StChicago, IL 60610
Showing Results 1-17, Page 1 of 1
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 | $2,512 | $1,295 | $4,824 |
Magnificent Mile 1 Bedroom Apartments | $3,174 | $1,600 | $8,128 |
| Magnificent Mile 2 Bedroom Apartments | $4,894 | $2,200 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,218 | $3,295 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $18,641 | $5,295 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Frequently Asked Questions about Cheap Magnificent Mile Apartments
What is a cheap apartment in Magnificent Mile?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnificent Mile is under $1,625.
What is the price of a cheap apartment in Magnificent Mile?
The cheapest apartment in Magnificent Mile is Maple which is listed at $1,230, while the average apartment in Magnificent Mile costs $16,519.
What types of apartments are the cheapest in Magnificent Mile?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Magnificent Mile that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Magnificent Mile?
Cheap apartments in Magnificent Mile have an average cost of $171 which is $16,348 cheaper than the average rent for all rentals in Magnificent Mile.
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.
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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.