Studio Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (345 Rentals)

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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.

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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.

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Chicago's Best Affordable Neighborhoods

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Magnificent Mile, Chicago, IL Local Guide

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 ListingModel NameSquare FootagePriced From
1221 N. LaSalle LoftsStoreFront1,500 Sq Ft$3,000
Cobbler Square LoftsFS1L1,100 Sq Ft$3,086
Lofts At River EastConvertible753 Sq Ft$2,645
Lake and WellsC5736 Sq Ft$2,372
The Gallery on Wellsgacnv14b720 Sq Ft$2,925
The StreeterJr. One Bed Style (C)713 Sq Ft$2,745
Marquee at Block 37Convertible x 16712 Sq Ft$2,328
Atwater ApartmentsC708 Sq Ft$2,848
73 East Lake10b698 Sq Ft$2,649
AurelienShimmer696 Sq Ft$2,875

Cheapest Available Magnificent Mile Studio Apartments

Currently the lowest priced Studio apartment unit Magnificent Mile of Chicago, IL is the Studio Model starting from $1,345 at 11 W. Division. The average price for all Studio apartments in Magnificent Mile is currently $2,527. Here is today’s list of the cheapest available Studio options in the area:

Apartment ListingModel NamePriced From
11 W. DivisionStudio$1,345
1164 N DearbornStudio$1,350
Gramercy Row ApartmentsStudio Floor Plan S15$1,379
211 E. DelawareStudio$1,415
1036 N. DearbornStudio$1,425

Don'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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

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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.

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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!

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 $1,345.

How much is the average rent for a Studio Magnificent Mile Apartment?

The average rent for a Studio Apartment in Magnificent Mile is $2,527.

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 578 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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!