
3 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (167 Rentals)


ONE Old Town Park

1325 N Wells Apartments

Residences at 8 East Huron

Total Monthly Price
Marquee at Block 37

Two West Delaware

West77 Apartments

Total Monthly Price
AMLI River North

Coast at Lakeshore East

Flair Tower Apartments
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.

The Streeter

750 N. Rush

North Harbor Tower

Century Tower

ReNew Waterside

868 N. Wells

920 N Wells

Total Monthly Price
State and Grand

Lofts At River East

369 Grand by Onni
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

465 North Park

The Sinclair

Aurelien

Chateau on Wells

Total Monthly Price
1225 Old Town

The Deco North Lake Shore

OneEleven

Axis Apartments and Lofts

One Chicago

Linea Apartments
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

215 West Apartments

Parkline Chicago

Niche 905

Chestnut Tower Apartments

1111 N. Dearborn

Lakeside 800

Total Monthly Price
Pittsfield Apartments

Millennium Park Plaza

Total Monthly Price
1356 N Dearborn St, Unit 19
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.

Total Monthly Price
451 N State St

Total Monthly Price
326 E Ohio St

Total Monthly Price
1356 N Dearborn St, Unit 1344-17

Total Monthly Price
1350 N Dearborn St

190 E Illinois St

501 N State St

45 E Chicago Ave

215 W Lake St

215 W Lake St

1449 N North Park Avenue
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.
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 | $2,439 | $1,105 | $5,076 |
| Magnificent Mile 1 Bedroom Apartments | $3,057 | $1,600 | $10,000+ |
| Magnificent Mile 2 Bedroom Apartments | $4,584 | $2,025 | $10,000+ |
Magnificent Mile 3 Bedroom Apartments | $9,037 | $2,995 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $18,473 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 167 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Magnificent Mile, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Magnificent Mile 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Magnificent Mile area of Chicago, IL is found at Optima Signature and is listed at 2,352 square feet priced from $18,376. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Optima Signature | Penthouse 5202 | 2,352 Sq Ft | $18,376 |
| State and Grand | C1 | 2,267 Sq Ft | $6,879 |
| 920 N Wells | DUP1 | 2,261 Sq Ft | $12,194 |
| Parkline Chicago | Penthouse C | 2,250 Sq Ft | $10,967 |
| Marquee at Block 37 | 3 Bedroom x 01 | 1,869 Sq Ft | $6,355 |
| The Streeter | Three Bed W/Den Style (N) | 1,813 Sq Ft | $7,235 |
| 215 West Apartments | 3 bedroom / 3 bath (PH4) | 1,799 Sq Ft | $6,600 |
| ReNew Waterside | 3G Lake View | 1,637 Sq Ft | $5,419 |
| 868 N. Wells | D14a | 1,532 Sq Ft | $7,809 |
| Two West Delaware | Plan P04 | 1,410 Sq Ft | $6,630 |
Cheapest Available Magnificent Mile 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Magnificent Mile of Chicago, IL is the 3 Bed / 2 Bath Model starting from $3,875 at Millennium Park Plaza. The average price for all 3 Bedroom apartments in Magnificent Mile is currently $9,037. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Millennium Park Plaza | 3 Bed / 2 Bath | $3,875 |
| Chateau on Wells | Unit 1001/1101 | $5,221 |
| ReNew Waterside | 3E City View | $5,359 |
| 1225 Old Town | 3 BR, 2 BTH | $6,081 |
| Marquee at Block 37 | 3 Bedroom x 01 | $6,355 |
| Parkline Chicago | Three Bed 1901 | $6,425 |
| 215 West Apartments | 3 bedroom / 3 bath (PH4) | $6,600 |
| Two West Delaware | Plan P04 | $6,630 |
| State and Grand | C1 | $6,879 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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 Lifestyle Ratings of neighborhoods, cities, and rental properties across Illinois, including Chicago. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about 3 Bedroom Magnificent Mile Apartments
What is the Cheapest apartment in Magnificent Mile with 3 Bedroom?
Currently the most affordable 3 Bedroom in Magnificent Mile is at Millennium Park Plaza listed at $3,875.
How much is the average rent for a 3 Bedroom Magnificent Mile Apartment?
The average rent for a 3 Bedroom Apartment in Magnificent Mile is $9,037.
What is the largest available 3 Bedroom Magnificent Mile Apartment for rent?
Today's apartment with the most square footage in Magnificent Mile is a 2,352 square feet unit starting from $18,376 at Optima Signature.
What is the average size for Magnificent Mile 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Magnificent Mile is currently 1,647 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.

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.

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.

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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
