
Luxury Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (292 Rentals)
The most luxurious Apartments in the Magnificent Mile area of Chicago with high-end amenities, features, and finishes.


The Scott Residences

Cascade

Marlowe

ONE Old Town Park

1325 N Wells Apartments

The Clark

Residences at 8 East Huron

Century Tower

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Marquee at Block 37

The Archer

Two West Delaware

North Water Apartments

The Seneca Apartments

Arrive Streeterville

AMLI River North

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Hubbard Place

Coast at Lakeshore East

Flair Tower Apartments
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Total Monthly Price
One Superior Place

ReNew Waterside

The Streeter

Aqua at Lakeshore East

North Harbor Tower

MDA Apartments

West77 Apartments

14 West Elm Apartments

868 N. Wells

920 N Wells
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AMLI 808

One Bennett Park

Total Monthly Price
1225 Old Town

Total Monthly Price
State and Grand

Total Monthly Price
Lake and Wells

Lake Shore Plaza

Cobbler Square Lofts

500 Lake Shore Drive

Asbury Plaza

Elm Street Plaza
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871 N Franklin

Than Tower

369 Grand by Onni

One Chicago

465 North Park

The Sinclair

Aurelien

Chateau on Wells

73 East Lake

The Deco North Lake Shore
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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 | $2,527 | $1,245 | $8,000 |
| Magnificent Mile 1 Bedroom Apartments | $3,144 | $1,600 | $10,000+ |
| Magnificent Mile 2 Bedroom Apartments | $4,820 | $2,200 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,266 | $2,895 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $28,968 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 292 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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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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.com compares millions of points of data to bring you Lifestyle Ratings of rentals in areas across the United States, including Chicago. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Luxury Living Rating
Magnificent Mile has established a name for itself as one of our favorite high-end communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, proximity to great shopping areas, park access, and amenities like granite countertops, range hoods, and high-end appliances. Luxury neighborhoods also often offer tile, hardwood, and fine carpeting, access to sports facilities like golf, raquetball, and tennis, and a full-time security staff or doorman.
Frequently Asked Questions about Magnificent Mile
How much are Studio apartments in Magnificent Mile?
There are currently 314 Studio Apartments in Magnificent Mile with rent ranges from $1,245 to $8,000 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 $1,600 to $11,280 with an average monthly rent of $3,144.
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 $2,200 to $18,797. Today's average rental price for Two Bedrooms here is $4,820.
How expensive are Magnificent Mile Three Bedroom Apartments?
There are currently 156 Three Bedroom Apartments listings available in Magnificent Mile on ApartmentHomeLiving.com. The pricing ranges from $2,895 to $38,481 - averaging $9,266 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

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
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.