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.
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnificent Mile Studio Apartments | $2,512 | $1,295 | $4,824 |
| Magnificent Mile 1 Bedroom Apartments | $3,174 | $1,600 | $8,128 |
| Magnificent Mile 2 Bedroom Apartments | $4,894 | $2,200 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,218 | $3,295 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $18,641 | $5,295 | $10,000+ |
There are currently 27 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
See all Apartments in ChicagoIf you’re an expert on all things Magnificent Mile, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewTake 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!
48 Hour Look & Lease Special!* *Certain restrictions may apply. Minimum lease term applies. Other costs and fees excluded.Expires 07-01-2026
Now Offering One Month Free on All Studio Apartments!Expires 07-01-2026
Newly renovated homes in the heart of River North - contact Team V for details! *Restrictions May ApplyExpires 07-01-2026
Free Rent, Unlocked: Lease by Aug. 5 for a chance to win FREE RENT FOR ONE YEAR. No purchase necessary. See official rules at www.rpmsummersweeps.comExpires 07-01-2026
PAY NO SECURITY DESPOSIT! Contact us today for your personalized tour! 6-15 month lease terms only.Expires 07-01-2026
Look & Lease: Get $500 ADMIN FEE waived if you apply within 24 hrs of touring! Don't wait and book now! *T&Cs ApplyExpires 07-01-2026
Lease a Tides 2 bedroom and receive a $1,500 concession, lease a Tides 1 bedroom and receive a $1,000 concession, or lease a Shoreham convertible and receive a $1,000 concession! Terms and conditions may apply. Contact us for full offer details and to schedule your personalized tour TODAY!Expires 07-01-2026
Move in by July 22nd to receive up to One Month Free off base rent on select homes. *Restrictions May ApplyExpires 07-01-2026
Prices listed may include concessions (free rent) and/or special offers. Lease terms, pricing, and availability are subject to change at any time. Ask our leasing team for more details.Expires 07-01-2026
Ask about our 2 and 3 bedroom specials! Contact our leasing office for more details and to schedule a tour.Expires 07-01-2026
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.
2 Year Rent Special: Sign a 2-year lease, get your 2nd & 3rd month free. Qualifying applicants only.* Remodeled apartments: Washer/Dryer In-unit, Dishwasher, A/CExpires 03-31-2028
Now Offering One Month Free on All Studio Apartments!Expires 07-01-2026
Newly renovated homes in the heart of River North - contact Team V for details! *Restrictions May ApplyExpires 07-01-2026
Free Rent, Unlocked: Lease by Aug. 5 for a chance to win FREE RENT FOR ONE YEAR. No purchase necessary. See official rules at www.rpmsummersweeps.comExpires 07-01-2026
PAY NO SECURITY DESPOSIT! Contact us today for your personalized tour! 6-15 month lease terms only.Expires 07-01-2026
Look & Lease: Get $500 ADMIN FEE waived if you apply within 24 hrs of touring! Don't wait and book now! *T&Cs ApplyExpires 07-01-2026
Lease a Tides 2 bedroom and receive a $1,500 concession, lease a Tides 1 bedroom and receive a $1,000 concession, or lease a Shoreham convertible and receive a $1,000 concession! Terms and conditions may apply. Contact us for full offer details and to schedule your personalized tour TODAY!Expires 07-01-2026
Move in by July 22nd to receive up to One Month Free off base rent on select homes. *Restrictions May ApplyExpires 07-01-2026
Prices listed may include concessions (free rent) and/or special offers. Lease terms, pricing, and availability are subject to change at any time. Ask our leasing team for more details.Expires 07-01-2026
Ask about our 2 and 3 bedroom specials! Contact our leasing office for more details and to schedule a tour.Expires 07-01-2026
Currently the most affordable Rent Specials Apartment in Magnificent Mile is at Gramercy Row Apartments listed at $1,536.
The average rent for a Rent Specials Apartment in Magnificent Mile is $4,444.
Today's Rent Specials apartment with the most square footage in Magnificent Mile is a 2,345 square feet unit starting from $2,639 at OneEleven.
The average size for a Rent Specials rental in Magnificent Mile is currently at 534 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: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
We'll check your Magnificent Mile review to ensure it meets our Review Guidelines.
Thank you!
