
Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL (720 Rentals)


400 E Randolph St, Unit Apartment Unit # 3905

233 E Erie St, Unit 233 E Erie Unit 1408

230 E Ontario St, Unit 1503

233 E Erie St, Unit 3002

600 N Fairbanks Ct, Unit 2909

600 N Fairbanks Ct, Unit 03201

680 N Lake Shore Dr, Unit 45C

401 E Ontario St, Unit 2811

401 E Ontario St, Unit 2537
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401 E Ontario St, Unit 4508

401 E Ontario St, Unit 38F

541 N Fairbanks Ct, Unit 37E

400 E Ohio St, Unit 2302

211 E Ohio St, Unit 2513

211 E Ohio St, Unit 1215

211 E Ohio St, Unit 618

211 E Ohio St, Unit 1003

211 E Ohio St, Unit 618

247 E Chestnut St, Unit 2004
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247 E Chestnut St, Unit 2004

247 E Chestnut St, Unit 2004

247 E Chestnut St, Unit 2004

247 E Chestnut St, Unit #2004

247 E Chestnut St, Unit 2004

777 N Michigan Ave, Unit 1706

240 E Illinois St, Unit 607

535 N Michigan Ave, Unit 407

535 N Michigan Ave, Unit 2507

600 N Lake Shore Dr, Unit 1110
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201 E Grand Ave, Unit 2611

600 N Lake Shore Dr, Unit 3102

401 E Ontario St

160 E Illinois St, Unit 3801

175 E Delaware Plz, Unit 5903

900 N Lake Shore Dr

111 E Chestnut St, Unit 23b

42 E Superior St, Unit 9F

30 E Huron St, Unit 2003

30 E Huron St, Unit C
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30 E Huron St, Unit 3404

474 N Lake Shore Dr

474 N Lake Shore Dr, Unit 5603

474 N Lake Shore Dr, Unit 2509

990 N Lake Shore Dr, Unit 014C

502 E Illinois St, Unit 3702

10 E Ontario St, Unit 2101

25 E Superior St, Unit 15T

10 E Ontario St, Unit 4402

2 E Erie St, Unit 3512
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Magnificent Mile, Chicago, IL Local Guide

How much does it cost to rent a home in Magnificent Mile?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnificent Mile 2 Bedroom Homes for Rent | $3,850 | $2,000 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $6,894 | $4,452 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $13,205 | $5,595 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $10,118 | $5,284 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 720 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Magnificent Mile, Chicago, IL Local Guide
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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
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
Read ArticleHow a Move-In Inspection Can Protect Your Security Deposit
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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 #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Magnificent Mile
What type of rentals are currently available in Magnificent Mile?
There are currently 621 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 720 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,350 to $24,000.
What is the current price range for Rental Homes in Magnificent Mile?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnificent Mile ranges from $1,350 to $24,000 with an average monthly rent of $6,418.
How much are larger Three and Four Bedroom Rentals in Magnificent Mile?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Magnificent Mile range from $2,220 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,452 to $15,000. Four Bedroom Single-Family rentals are also available starting from $5,595 and Four Bedroom Apartments start at $8,888.
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

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.

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.

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.

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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
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.