
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.


MDA Apartments

750 N. Rush

868 N. Wells

920 N Wells

One Bennett Park

Aurelien
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

State and Grand

Cobbler Square Lofts

One Chicago

The Ardus

The Bush Temple

Chateau on Wells

The Deco North Lake Shore
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.

1133 North Dearborn

100 W. Chestnut

Chestnut Place

Env Chicago

1120 N. LaSalle

Than Tower

Millennium on LaSalle
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.

Gramercy Row Apartments

One East Delaware

3Eleven

Sienna Chicago

Canterbury Court Apartments

The Saint Grand

The Leo
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.

1160 N Dearborn St, Unit 212

1254 N La Salle Dr, Unit f5

441 E Ohio St, Unit 2
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 | $2,512 | $1,105 | $5,295 |
| Magnificent Mile 1 Bedroom Apartments | $3,015 | $1,380 | $8,282 |
| Magnificent Mile 2 Bedroom Apartments | $4,617 | $1,920 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $10,804 | $3,875 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $22,257 | $10,000 | $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 Soon
Specials updated: 02-04-2026Take 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!
3Eleven
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 02-05-2026
The Ardus
Must apply with 24 hours of tour.Expires 02-05-2026
Cobbler Square Lofts
Brand New Renovated Units NOW Available! Up to 1.5 Months Free!Expires 02-05-2026
State and Grand
48 Hour Look & Lease Special!* *Certain restrictions may apply. Minimum lease term applies. Other costs and fees excluded.Expires 02-05-2026
One East Delaware
Ask about our current specials.Expires 02-05-2026
The Deco North Lake Shore
No leasing specials offered at this time.Expires 02-05-2026
Gramercy Row Apartments
PAY NO SECURITY DESPOSIT! Contact us today for your personalized tour! 6-15 month lease terms only.Expires 02-05-2026
MDA Apartments
Get 1 month free on 14-month leases on all apartments. Call today!Expires 02-05-2026
Env Chicago
Explore coveted River North living, warm up with our New Year specials when you move in by 02/28/26. *Restrictions May ApplyExpires 02-05-2026
The Seneca Apartments
Enjoy two weeks FREE rent when you move-in by 2/15! Offer valid on 12+ month lease terms. Please see a Leasing Consultant for details and restrictions.Expires 02-05-2026
Newly Listed Move-In Specials offers for Apartments in Magnificent Mile, IL
Specials updated: 02-04-2026Here 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.
1133 North Dearborn
Schedule Your Tour Today!! *12-month lease required. Please contact the leasing office for other lease terms.Expires 02-28-2026
100 W. Chestnut
Live in the Celebrated River North neighborhood! Schedule Your Tour Today! * 12-month lease requireExpires 02-28-2026
750 N. Rush
*12-Month Lease is required.Expires 02-28-2026
1120 N. LaSalle
Schedule a tour today!!! * 12-month lease required.Expires 02-28-2026
The Ardus
Must apply with 24 hours of tour.Expires 02-05-2026
State and Grand
48 Hour Look & Lease Special!* *Certain restrictions may apply. Minimum lease term applies. Other costs and fees excluded.Expires 02-05-2026
Cobbler Square Lofts
Brand New Renovated Units NOW Available! Up to 1.5 Months Free!Expires 02-05-2026
MDA Apartments
Get 1 month free on 14-month leases on all apartments. Call today!Expires 02-05-2026
Env Chicago
Explore coveted River North living, warm up with our New Year specials when you move in by 02/28/26. *Restrictions May ApplyExpires 02-05-2026
One East Delaware
Ask about our current specials.Expires 02-05-2026
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 $1,269.
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 $4,095.
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 3,339 square feet unit starting from $2,391 at Aurelien.
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 561 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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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.

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Articles, How-To's, and Tips

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.

Apartment Common Area Rules: What Renters Need to Know
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.