
Apartments for Rent with Specials in the Magnificent Mile Neighborhood of Chicago, IL (37 Rentals)
Apartments in the Magnificent Mile area of Chicago with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


The Clark

West77 Apartments

Chestnut Tower Apartments

The Chicagoan

North Water Apartments
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.

MDA Apartments

868 N. Wells

920 N Wells

State and Grand

500 Lake Shore Drive

871 N Franklin

Than Tower

The Bush Temple

Chateau on Wells

The Deco North Lake Shore

1133 North Dearborn

100 West Chestnut Apartments
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.

Chestnut Place

1100 N Dearborn

Gramercy Row Apartments

Sedgwick Apartments

The Saint Grand

640 North Wells
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Sienna Chicago

Moment

1000 N. LaSalle

Flair Tower

1111 N. Dearborn St.

Canterbury Court Apartments
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

230 W Division St
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 | $2,705 | $1,105 | $10,000+ |
Magnificent Mile 1 Bedroom Apartments | $3,383 | $1,375 | $10,000+ |
Magnificent Mile 2 Bedroom Apartments | $5,249 | $1,407 | $10,000+ |
Magnificent Mile 3 Bedroom Apartments | $9,511 | $1,626 | $10,000+ |
Magnificent Mile 4 Bedroom Apartments | $23,602 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 37 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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Top Chicago Apartments in the Magnificent Mile Area with Move-In Specials Ending Soon
Specials updated: 06-03-2025Take advantage of these move-in and rent specials that are ending soon for top Magnificent Mile, IL apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Lake and Wells
UP TO ONE MONTH FREE ON SELECT HOMES - CONTACT OUR LEASING TEAM FOR MORE DETAILS!Expires 06-02-2025
State and Grand
1 Month free for December move ins and 1/2 month free for January move ins!!!Expires 06-03-2025
Chateau on Wells
Get a waived $450 move-in fee with a 12-14 month lease + NEST Thermostat installed. Limited availability left for summer-fall. Tour and lease today!!Expires 06-03-2025
MDA Apartments
Now Offering 8 weeks free on Select StudiosExpires 06-03-2025
920 N Wells
Ask about our specials!Expires 06-03-2025
868 N. Wells
Ask about our specials!Expires 06-03-2025
Flair Tower
Price shown is the Base Rent, which does not include utilities or optional and required fees; deposit(s) may also apply. Please see details below or view the Costs Overview section on our community website for more information on applicable fees.Expires 06-03-2025
Moment
Price shown is the Base Rent, which does not include utilities or optional and required fees; deposit(s) may also apply. Please see details below or view the Costs Overview section on our community website for more information on applicable fees.Expires 06-03-2025
640 North Wells
Price shown is the Base Rent, which does not include utilities or optional and required fees; deposit(s) may also apply. Please see details below or view the Costs Overview section on our community website for more information on applicable fees.Expires 06-03-2025
871 N Franklin
Offering 1 Month Free!Expires 06-03-2025
Newly Listed Move-In Specials offers for Apartments in Magnificent Mile, IL
Specials updated: 06-03-2025Here are the most recently added special offers for renters looking to find the best deals on apartments in Magnificent Mile, IL. Be sure to take advantage of some of the area’s top offers.
1000 N. LaSalle
Reduced Pricing on Select Apartments! Schedule Your Tour Today!! Live in the Celebrated Gold Coast neighborhood! Schedule A Tour Today! *12-month lease required. Please contact the leasing office for other lease terms.Expires 06-30-2025
1133 North Dearborn
Limited time only! Up to $600 in Credit Rent on Select Apartments! Schedule Your Tour Today!! *12-month lease required. Please contact the leasing office for other lease terms.Expires 06-30-2025
The Chicagoan
Please contact the leasing office for other lease terms.Expires 06-30-2025
1111 N. Dearborn St.
Reduced Pricing on Select Apartments! Schedule Your Tour Today! *12-month lease required.Expires 06-30-2025
100 West Chestnut Apartments
Up to One-time $1200 Free Rent Credit on Select Units. *12 Month lease required! Live in the Celebrated River North neighborhood! Schedule Your Tour Today! * 12-month lease required.Expires 07-31-2025
State and Grand
1 Month free for December move ins and 1/2 month free for January move ins!!!Expires 06-03-2025
Chateau on Wells
Get a waived $450 move-in fee with a 12-14 month lease + NEST Thermostat installed. Limited availability left for summer-fall. Tour and lease today!!Expires 06-03-2025
MDA Apartments
Now Offering 8 weeks free on Select StudiosExpires 06-03-2025
Chestnut Tower Apartments
Limited time special - One Month Free on Select A2 1 Bedrooms!Expires 06-03-2025
Gramercy Row Apartments
PAY NO SECURITY DESPOSIT! Contact us today for your personalized tour! 6-15 month lease terms only.Expires 06-03-2025
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 Rent Specials Magnificent Mile Apartments
What is the Cheapest Rent Specials apartment in Magnificent Mile?
Currently the most affordable Rent Specials Apartment in Magnificent Mile is at Gramercy Row Apartments listed at $1,268.
How much is the average rent for a Rent Specials Magnificent Mile Apartment?
The average rent for a Rent Specials Apartment in Magnificent Mile is $3,919.
What is the largest Rent Specials Magnificent Mile Apartment for rent?
Today's Rent Specials apartment with the most square footage in Magnificent Mile is a 3,355 square feet unit starting from $1,600 at The Deco North Lake Shore.
What is the average size for Magnificent Mile Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Magnificent Mile is currently at 550 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.