4 Bedroom Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (30 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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630 N State St
4 Bedroom Apartments

630 N State St

630 N State StChicago, IL 60654
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Parc Chestnut
4 Bedroom Apartments

Parc Chestnut

849 N Franklin StChicago, IL 60610

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!

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Drake Tower
4 Bedroom Apartments

Drake Tower

179 E Lake Shore DrChicago, IL 60611
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25 E Superior St
4 Bedroom Apartments

25 E Superior St

25 E Superior StChicago, IL 60611

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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The Pearson
4 Bedroom Apartments

The Pearson

250 E Pearson StChicago, IL 60611
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211 N Harbor Dr
4 Bedroom Apartments

211 N Harbor Dr

211 N Harbor DrChicago, IL 60601
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65 E Goethe St
4 Bedroom Apartments

65 E Goethe St

65 E Goethe StChicago, IL 60610
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Chestnut Row Homes
4 Bedroom Apartments

Chestnut Row Homes

111 W Chestnut StChicago, IL 60610
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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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61 Banks Street
4 Bedroom Apartments

61 Banks Street

61 E Banks StChicago, IL 60610

Magnificent Mile, Chicago, IL Local Guide

Largest Available Magnificent Mile 4 Bedroom Apartments

Apartment ListingModel NameSquare FootagePriced From
Parkline ChicagoPenthouse B2,643 Sq Ft$12,300

Cheapest Available Magnificent Mile 4 Bedroom Apartments

Apartment ListingModel NamePriced From
Parkline ChicagoPenthouse B$12,300

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

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

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The 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.

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Cash 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.

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A 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

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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 analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Chicago, IL. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Family-Friendly Rating

A family-friendly rental community may be just the ticket if you have little ones when you rent. Magnificent Mile is a top neighborhood for families, with a score of 4.0 out of 4. Family Friendly communities have features that support parents and kids in having fun and being healthy together. This includes features like parks, recreation and A/V rooms, trails, and access to the best-rated education.

Frequently Asked Questions about Magnificent Mile

How much are Studio apartments in Magnificent Mile?

There are currently 318 Studio Apartments in Magnificent Mile with rent ranges from $1,105 to $5,259 with an average price of $2,527.

What is the current price range for One Bedroom Magnificent Mile Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Magnificent Mile ranges from $1,590 to $9,750 with an average monthly rent of $3,094.

What does renting a Two Bedroom Apartment in Magnificent Mile cost?

The monthly rent prices of Two Bedroom Apartments currently available in Magnificent Mile range from $2,190 to $18,797. Today's average rental price for Two Bedrooms here is $4,482.

How expensive are Magnificent Mile Three Bedroom Apartments?

There are currently 159 Three Bedroom Apartments listings available in Magnificent Mile on ApartmentHomeLiving.com. The pricing ranges from $2,220 to $38,481 - averaging $10,052 for the location.

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!