Cheap Studio Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL from $1,105 (90 Rentals) Page 2 of 2

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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.

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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1430 N Dearborn St
Studio Apartments

1430 N Dearborn St

1430 N Dearborn StChicago, IL 60610
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1011 Clark
Studio Apartments

1011 Clark

1009-1015 N Clark StChicago, IL 60610
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55 E Erie St
Studio Apartments

55 E Erie St

55 E Erie StChicago, IL 60611
Corporate Housing
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600 N Lake Shore Dr
Studio Apartments

600 N Lake Shore Dr

600 N Lake Shore DrChicago, IL 60611
Furnished
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1347 N Dearborn
Studio Apartments

1347 N Dearborn

1347 N DearbornChicago, IL 60610
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35 E Division St
Studio Apartments

35 E Division St

35 E Division StChicago, IL 60610
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1100 N Dearborn St
Studio Apartments

1100 N Dearborn St

1100 N Dearborn StChicago, IL 60610
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Columbus Plaza
Studio Apartments

Columbus Plaza

233 E Wacker DrChicago, IL 60601
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10 West Elm
Studio Apartments

10 West Elm

10 W Elm StChicago, IL 60610
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153 W Ohio St
Studio Apartments

153 W Ohio St

153 W Ohio StChicago, IL 60654
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Showing Results 51-90, Page 2 of 2

Frequently Asked Questions about Cheap Magnificent Mile Apartments

What is a cheap apartment in Magnificent Mile?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnificent Mile is under $1,425.

What is the price of a cheap apartment in Magnificent Mile?

The cheapest apartment in Magnificent Mile is 11 W. Division which is listed at $1,345, while the average apartment in Magnificent Mile costs $24,501.

What types of apartments are the cheapest in Magnificent Mile?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Magnificent Mile that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Magnificent Mile?

Cheap apartments in Magnificent Mile have an average cost of $333 which is $24,168 cheaper than the average rent for all rentals in Magnificent Mile.

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

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Articles, How-To's, and Tips

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

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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

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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

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Everything is a negotiation in real estate!