
3 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (165 Rentals)


Marquee at Block 37

Coast at Lakeshore East

ReNew Waterside

The Streeter

ONE Old Town Park

Residences at 8 East Huron

Next Apartments

Two West Delaware

West77 Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

North Water Apartments

AMLI River North

Flair Tower Apartments

North Harbor Tower

868 N. Wells

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1225 Old Town

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State and Grand

369 Grand by Onni

One Chicago
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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The Sinclair

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OneEleven

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465 North Park

Aurelien

Chateau on Wells

The Deco North Lake Shore

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750 N. Rush

Linea Apartments

215 West Apartments

Lofts At River East
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Axis Apartments and Lofts

1154 N Dearborn St

Parkline Chicago

Niche 905

Chestnut Tower Apartments

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1111 N. Dearborn

Lakeside 800

Pittsfield Apartments

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326 E Ohio St

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808 N Lake Shore Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1248 N Wells St, Unit #2

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33 E Division St, Unit 33 East Division

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870 N Orleans St, Unit SI ID1069904P

156 W Superior St, Unit 3

190 E Illinois St, Unit 3005

501 N State St, Unit 2203

200 N Wells St, Unit 2201

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45 E Chicago Ave, Unit SI ID1029614P

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215 W Lake St, Unit SI ID1029630P

1234 N Dearborn Pkwy
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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+ |
Browse Apartments in this Neighborhood
There are currently 165 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 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Magnificent Mile area of Chicago, IL is found at OneEleven and is listed at 2,335 square feet priced from $13,649. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| OneEleven | 3 Bed 3 Bath PH | 2,335 Sq Ft | $13,649 |
| Parkline Chicago | Penthouse C | 2,250 Sq Ft | $11,092 |
| Optima Signature | Apex 09 | 1,511 Sq Ft | $7,373 |
Cheapest Available Magnificent Mile 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Magnificent Mile of Chicago, IL is the Apex 09 Model starting from $7,373 at Optima Signature. The average price for all 3 Bedroom apartments in Magnificent Mile is currently $9,218. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Optima Signature | Apex 09 | $7,373 |
| Parkline Chicago | Penthouse C | $11,092 |
| OneEleven | 3 Bed 3 Bath PH | $13,649 |
Best 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 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 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 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 Optima Signature listed at $7,373.
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 $9,218.
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 2,335 square feet unit starting from $13,649 at OneEleven.
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 3,200 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.
