
1 Month
Rental terms in the Magnificent Mile area of Chicago as short as a month! Perfect when you can't commit to a full year of renting.










Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $2,417 | $1,105 | $8,000 |
| Magnificent Mile 1 Bedroom Apartments | $3,009 | $1,380 | $7,920 |
| Magnificent Mile 2 Bedroom Apartments | $4,526 | $1,820 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $8,803 | $2,220 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $20,430 | $7,150 | $10,000+ |
There are currently 165 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
See all Apartments in ChicagoDaily errands do not require a car
Biking is convenient for most trips
World-class public transportation
Currently the most affordable Short-term Apartment in Magnificent Mile is at 14 West Elm Apartments listed at $1,400.
The average rent for a Short-term Apartment in Magnificent Mile is $4,253.
Today's Short-term apartment with the most square footage in Magnificent Mile is a 3,555 square feet unit starting from $2,761 at Parkline Chicago.
The average size for a Short-term rental in Magnificent Mile is currently at 627 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: 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.
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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