2 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (344 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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

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Navigating the Rental Market: Tips for First-Time Renters

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Magnificent Mile, Chicago, IL Local Guide

Largest Available Magnificent Mile 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in the Magnificent Mile area of Chicago, IL is found at Arrive Streeterville and is listed at 2,261 square feet priced from $4,560. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Arrive StreetervillePH1-45112,261 Sq Ft$4,560
Env Chicago2 Bed/2 Bath Den-B1D1,950 Sq Ft$6,595
1154 N Dearborn St2br/2ba1,700 Sq Ft$3,185
DEARBORN DISTRICT2BR / 2BA1,700 Sq Ft$3,185
One ChicagoCB51,599 Sq Ft$7,835
61 Banks StreetResidences 02 (2BR/2BA)1,576 Sq Ft$9,950
Cobbler Square LoftsAB131,573 Sq Ft$3,888
One Bennett Park2 Bedroom / 2 Bathroom1,200 Sq Ft$5,895

Cheapest Available Magnificent Mile 2 Bedroom Apartments

Currently the lowest priced 2 Bedroom apartment unit Magnificent Mile of Chicago, IL is the Two Bedroom Model starting from $2,800 at Axis Apartments and Lofts. The average price for all 2 Bedroom apartments in Magnificent Mile is currently $4,469. Here is today’s list of the cheapest available 2 Bedroom options in the area:

Apartment ListingModel NamePriced From
Axis Apartments and LoftsTwo Bedroom$2,800
MDA ApartmentsC1 - Historic$2,835
25 E. Delaware2 Bedroom / 2 Bathroom$2,845
Marina CityTwo Bedroom$3,000
The Deco North Lake Shoreb2$3,012
Exhibit on Superiorex2bd01c$3,114
1154 N Dearborn St2br/2ba$3,185
DEARBORN DISTRICT2BR / 2BA$3,185

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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Quick Rent Budget Calculator

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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Magnificent Mile, Chicago, and the greater Chicago area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, family-friendliness, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about 2 Bedroom Magnificent Mile Apartments

What is the Cheapest apartment in Magnificent Mile with 2 Bedroom?

Currently the most affordable 2 Bedroom in Magnificent Mile is at Axis Apartments and Lofts listed at $2,800.

How much is the average rent for a 2 Bedroom Magnificent Mile Apartment?

The average rent for a 2 Bedroom Apartment in Magnificent Mile is $4,469.

What is the largest available 2 Bedroom Magnificent Mile Apartment for rent?

Today's apartment with the most square footage in Magnificent Mile is a 2,261 square feet unit starting from $4,560 at Arrive Streeterville.

What is the average size for Magnificent Mile 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Magnificent Mile is currently 1,140 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

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!