Apartments for Rent by Owner in the Magnificent Mile Neighborhood of Chicago, IL (9 Rentals)

303 W Ohio St, Unit Silver Tower

331 E Ontario St, Unit 2

20 E Goethe St, Unit 205
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.

440 North McClurg Court, Unit 414

211 E Ohio St, Unit 1814
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.

545 N Dearborn St, Unit 2201
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 | $2,736 | $1,105 | $10,000+ |
Magnificent Mile 1 Bedroom Apartments | $3,565 | $1,375 | $10,000+ |
Magnificent Mile 2 Bedroom Apartments | $5,238 | $1,407 | $10,000+ |
Magnificent Mile 3 Bedroom Apartments | $9,406 | $1,626 | $10,000+ |
Magnificent Mile 4 Bedroom Apartments | $25,383 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 9 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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Quick 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.
Getting Around the Magnificent Mile Neighborhood in Chicago, IL
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
98 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about For rent By Owner Magnificent Mile Apartments
What is the Cheapest For rent By Owner apartment in Magnificent Mile?
Currently the most affordable For rent By Owner Apartment in Magnificent Mile is at 52 W Elm St, Unit 1102 listed at $1,599.
How much is the average rent for a For rent By Owner Magnificent Mile Apartment?
The average rent for a For rent By Owner Apartment in Magnificent Mile is $2,676.
What is the largest For rent By Owner Magnificent Mile Apartment for rent?
Today's For rent By Owner apartment with the most square footage in Magnificent Mile is a 1,225 square feet unit starting from $3,995 at 545 N Dearborn St, Unit 2201.
What is the average size for Magnificent Mile For rent By Owner Apartments for rent?
The average size for a For rent By Owner rental in Magnificent Mile is currently at 762 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.