Studio Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (350 Rentals)

Shoreham and Tides

The Clark

21 E Chestnut
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1100 North Lasalle

North Water Apartments

The Seneca Apartments

Coast at Lakeshore East

North Harbor Tower
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Aqua at Lakeshore East

MDA Apartments

14 West Elm Apartments

Millie On Michigan

868 N. Wells

920 N Wells
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Lofts At River East

500 Lake Shore Drive

Cobbler Square Lofts

One Chicago

The Ardus

The Bush Temple

The Sinclair
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1225 Old Town

The Deco North Lake Shore

1133 North Dearborn

OneEleven

Cortland River North
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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 | $2,449 | $1,105 | $8,000 |
| Magnificent Mile 1 Bedroom Apartments | $3,001 | $1,400 | $7,339 |
| Magnificent Mile 2 Bedroom Apartments | $4,511 | $1,700 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,169 | $2,220 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $22,009 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 350 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Magnificent Mile, Chicago, IL Local Guide
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Largest Available Magnificent Mile Studio Apartments
The largest available Studio apartment unit in the Magnificent Mile area of Chicago, IL is found at 1221 N. LaSalle Lofts and is listed at 1,500 square feet priced from $3,000. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 1221 N. LaSalle Lofts | StoreFront | 1,500 Sq Ft | $3,000 |
| Cobbler Square Lofts | FS1L | 1,100 Sq Ft | $3,086 |
| Moment | Convertible 11-Avenue | 769 Sq Ft | $2,540 |
| Lofts At River East | Convertible | 753 Sq Ft | $2,570 |
| Lake and Wells | C5 | 736 Sq Ft | $2,352 |
| Optima Signature | Tower 07 | 730 Sq Ft | $3,258 |
| The Gallery on Wells | gacnv14b | 720 Sq Ft | $3,018 |
| Marquee at Block 37 | Convertible x 10 | 715 Sq Ft | $2,577 |
| The Streeter | Jr. One Bed Style (C) | 713 Sq Ft | $2,760 |
Cheapest Available Magnificent Mile Studio Apartments
Currently the lowest priced Studio apartment unit Magnificent Mile of Chicago, IL is the Studio Model starting from $1,275 at 11 W. Division. The average price for all Studio apartments in Magnificent Mile is currently $2,449. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 11 W. Division | Studio | $1,275 |
| 25 E. Delaware | Studio 1 | $1,365 |
| 1100 North Lasalle | Studio | $1,390 |
| 18 E. Elm | Studio 1 | $1,425 |
| 211 E. Delaware | Studio | $1,425 |
| Pittsfield Apartments | Studio - Style H | $1,450 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMagnificent Mile, Chicago, IL
Ranked #5
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Chicago. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Magnificent Mile Neighborhood in Chicago, IL
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
98 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Studio Magnificent Mile Apartments
What is the Cheapest apartment in Magnificent Mile with Studio?
Currently the most affordable Studio in Magnificent Mile is at 11 W. Division listed at $1,275.
How much is the average rent for a Studio Magnificent Mile Apartment?
The average rent for a Studio Apartment in Magnificent Mile is $2,449.
What is the largest available Studio Magnificent Mile Apartment for rent?
Today's apartment with the most square footage in Magnificent Mile is a 1,500 square feet unit starting from $3,000 at 1221 N. LaSalle Lofts.
What is the average size for Magnificent Mile Studio Apartments for rent?
The average size for a Studio rental in Magnificent Mile is currently 572 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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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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Everything is a negotiation in real estate!

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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.























