
Homes for Rent in the Magnificent Mile Neighborhood of Chicago, IL (682 Rentals)


230 E Ontario St, Unit 2005

233 E Erie St, Unit 3002

230 E Ontario St, Unit 802

600 N Fairbanks Ct, Unit 03201

680 N Lake Shore Dr, Unit 45C

401 E Ontario St, Unit 38F

400 E Ohio St, Unit 26E

211 E Ohio St, Unit 2513

211 E Ohio St, Unit 502
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

211 E Ohio St, Unit 2907

777 N Michigan Ave, Unit 2106

512 N McClurg Ct, Unit 4511

777 N Michigan Ave, Unit 1609

201 E Chestnut St, Unit 201 E Chestnut St. #22C Chicago, IL 60611

535 N michigan Ave, Unit 2507

600 N Lake Shore Dr

205 E Grand Ave, Unit 4001

111 E Chestnut St

42 E Superior St, Unit 9F
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

30 E Huron St, Unit #2106

30 E Huron St, Unit 30 E huron street 4310

111 E Chestnut St, Unit 35DE

30 E Huron St, Unit 904

30 E Huron St, Unit 3605

30 E Huron St, Unit # 0904

474 N Lake Shore Dr, Unit 5603

474 N Lake Shore Dr, Unit High floor 1 bed

474 N Lake Shore Dr, Unit # 05109

474 N Lake Shore Dr, Unit 5109
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

730 N Wabash Ave, Unit 908

990 N Lake Shore Dr, Unit 014C

502 E Illinois St

25 E Superior St, Unit 15T

663 N State St, Unit 911

2 E Erie St, Unit 1612

50 E Chestnut St, Unit 501

445 E North Water St, Unit 2811

415 E North Water St, Unit 33D

515 N State St
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

110 E Delaware Pl, Unit 01201

10 E Ontario St, Unit 802

405 N WABASH, Unit 52C

539 N State St, Unit 3002

20 E Chestnut St, Unit 11B

30 W Huron St, Unit 02606

347 E Wacker Dr

440 N Wabash Ave, Unit 01707

440 N Wabash Ave, Unit 1504

838 N State St, Unit 5H
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $4,200 | $2,400 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $8,589 | $3,795 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $26,750 | $10,000 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $28,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 682 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Frequently Asked Questions about Magnificent Mile
What type of rentals are currently available in Magnificent Mile?
There are currently 586 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,315 to $43,181. There are also 664 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,595 to $35,000.
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 $1,595 to $35,000 with an average monthly rent of $3,631.
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 $4,345 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,795 to $32,500. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $10,000.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.