
Apartments for Rent with Specials in the Magnificent Mile Neighborhood of Chicago, IL (31 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.


Next Apartments

Total Monthly Price
Hubbard Place

63 E Lake

1100 North Lasalle

868 N. Wells

920 N Wells
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State and Grand

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Lake and Wells

871 N Franklin

Than Tower

One Chicago

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OneEleven

111 Point
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Millennium on LaSalle

Gramercy Row Apartments

The Saint Grand

The Leo

The Ardus

3Eleven

The Bush Temple
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Chestnut Tower Apartments

Cobbler Square Lofts

Canterbury Court Apartments

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1355 N Astor St

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160 E Grand Ave

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620 N State St

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444 N Orleans St
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601 N State St

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158 W Division St

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211 E Ohio St, Unit 2719
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 | $2,533 | $1,299 | $9,999 |
| Magnificent Mile 1 Bedroom Apartments | $3,102 | $1,450 | $6,998 |
| Magnificent Mile 2 Bedroom Apartments | $4,680 | $2,200 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,311 | $4,345 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $19,161 | $9,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Top Chicago Apartments in the Magnificent Mile Area with Move-In Specials Ending This Month
Specials updated: 08-17-2026Take advantage of these move-in and rent specials that are ending this month for top Magnificent Mile, IL apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
3Eleven
Schedule a tour with our leasing team to explore 3Eleven today. Text RENT to (312) 262-4842 for the latest updates.Expires August 19, 2026
The Ardus
Look and Lease Offer Apply within 24hrs of your tour and receive waived admin fees. Select units apply. Terms and Conditions apply. Contact the leasing office for details.Expires August 19, 2026
The Leo
Ask us about limited-time 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 August 19, 2026
The Saint Grand
Explore current availability and ask about our current concessions!Expires August 19, 2026
The Bush Temple
Lease within 48 hrs. of your first tour and we will waive the move in fee! Terms and Conditions apply, contact the leasing office for more details.Expires August 19, 2026
111 Point
Receive Up to 1 Month Free Rent on Select Units! Schedule a tour with our leasing team to explore 111 Point today. Lease terms, pricing, and availability are subject to change at any time.Expires August 19, 2026
Millennium on LaSalle
Now Offering One Month Free on All Studio Apartments!Expires August 18, 2026
868 N. Wells
Ask about our specials!Expires August 18, 2026
Bellwether Residences
NOW LEASING — STUDIO TO 2 BEDROOM RESIDENCES WE WELCOME ALL APPLICANTS! WE PROUDLY ACCEPT HOUSING VOUCHERS, THIRD PARTY RENTAL ASSISTANCE PROGRAMS & ENCOURAGE MILITARY VETERANS TO APPLY. HARD HAT TOURS OF OUR STUDIO, ONE, AND TWO-BEDROOM RESIDENCES ARE AVAILABLE BY APPOINTMENT.Expires August 18, 2026
871 N Franklin
Up to 1 month free *Contact our leasing office for more details.Expires August 18, 2026
Newly Listed Move-In Specials offers for Apartments in Magnificent Mile, IL
Specials updated: 08-17-2026Here 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.
Bellwether Residences
NOW LEASING — STUDIO TO 2 BEDROOM RESIDENCES WE WELCOME ALL APPLICANTS! WE PROUDLY ACCEPT HOUSING VOUCHERS, THIRD PARTY RENTAL ASSISTANCE PROGRAMS & ENCOURAGE MILITARY VETERANS TO APPLY. HARD HAT TOURS OF OUR STUDIO, ONE, AND TWO-BEDROOM RESIDENCES ARE AVAILABLE BY APPOINTMENT.
111 Point
Receive Up to 1 Month Free Rent on Select Units! Schedule a tour with our leasing team to explore 111 Point today. Lease terms, pricing, and availability are subject to change at any time.
3Eleven
Schedule a tour with our leasing team to explore 3Eleven today. Text RENT to (312) 262-4842 for the latest updates.
Cobbler Square Lofts
Up to 1 Month Free!
The Ardus
Look and Lease Offer Apply within 24hrs of your tour and receive waived admin fees. Select units apply. Terms and Conditions apply. Contact the leasing office for details.
871 N Franklin
Up to 1 month free *Contact our leasing office for more details.
Hubbard Place
For a limited time only, receive a 1.5-month Base Rent concession on select apartments! Minimum lease term applies. Offer applies to base rent only; other costs and fees excluded.
OneEleven
Move in by August 31st to receive up to One Month Free off base rent on select homes. *Restrictions May Apply
State and Grand
48 Hour Look & Lease Special!* *Certain restrictions may apply. Minimum lease term applies. Other costs and fees excluded.
1100 North Lasalle
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/C
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 $1,299.
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 $4,204.
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 2,345 square feet unit starting from $2,554 at OneEleven.
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 547 sq ft.
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

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Written by: Nicole Harms
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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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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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.