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.
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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.
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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Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnificent Mile Studio Apartments | $2,516 | $1,105 | $5,255 |
| Magnificent Mile 1 Bedroom Apartments | $3,063 | $1,600 | $9,750 |
| Magnificent Mile 2 Bedroom Apartments | $4,514 | $2,110 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $10,697 | $3,875 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $20,750 | $10,000 | $10,000+ |
There are currently 41 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Receive a $2,000 Gift Card on Select Units when you Sign a New Lease at One Bennett Park*.Expires 01-31-2026
Now offering HALF off your first full month's rent when you sign a 14 month lease!Expires 01-31-2026
Ask about our 2 and 3 bedroom specials! Contact our leasing office for more details and to schedule a tour.Expires 01-31-2026
1 MONTH FREE on a 13 month lease. Price shown represents net rent.Expires 01-31-2026
Ask about our specials!Expires 01-31-2026
Ask about our specials!Expires 01-31-2026
Ask about additional leasing incentives! Schedule a tour with our leasing team to explore 3Eleven today. Text RENT to (312) 262-4842 for the latest updates.Expires 01-31-2026
Ask about leasing incentives! Schedule a tour with our leasing team to explore The Leo today. Text RENT to (312) 847-2884 for the latest updates.Expires 01-31-2026
Get 1 month free on 14-month leases on all apartments. Call today!Expires 01-31-2026
Ask about our current specials.Expires 01-31-2026
Here 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.
Schedule Your Tour Today!! *12-month lease required. Please contact the leasing office for other lease terms.Expires 02-28-2026
*12-Month Lease is required.Expires 02-28-2026
Live in the Celebrated River North neighborhood! Schedule Your Tour Today! * 12-month lease requireExpires 02-28-2026
1 MONTH FREE on a 13 month lease. Price shown represents net rent.Expires 01-31-2026
Schedule a tour today!!! * 12-month lease required.Expires 02-28-2026
No leasing specials offered at this time.Expires 01-31-2026
PAY NO SECURITY DESPOSIT! Contact us today for your personalized tour! 6-15 month lease terms only.Expires 01-31-2026
Ask about our specials!Expires 01-31-2026
Ask about our specials!Expires 01-31-2026
Ask about additional leasing incentives! Schedule a tour with our leasing team to explore 3Eleven today. Text RENT to (312) 262-4842 for the latest updates.Expires 01-31-2026
Currently the most affordable Rent Specials Apartment in Magnificent Mile is at Gramercy Row Apartments listed at $1,269.
The average rent for a Rent Specials Apartment in Magnificent Mile is $3,979.
Today's Rent Specials apartment with the most square footage in Magnificent Mile is a 3,339 square feet unit starting from $2,411 at Aurelien.
The average size for a Rent Specials rental in Magnificent Mile is currently at 721 sq ft.
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.
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.
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.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.
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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Total Monthly Price combines base rent and required monthly fees into one amount, so you can know what to expect before you apply.
