
2 Bedroom Homes for Rent in the Magnificent Mile Neighborhood of Chicago, IL (160 Rentals)


1246 N State Pky, Unit 2

55 W Erie St, Unit 01-E

1226 N Dearborn St

1355 N Sandburg Ter, Unit 1801D

111 E Chestnut St, Unit 35DE

110 E Delaware Pl, Unit 01201

600 N Dearborn St, Unit 0811

8 E Randolph St, Unit 10A

211 E Ohio St
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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

8 E Randolph St

360 E Randolph St, Unit 25B

30 E Huron St, Unit 904

30 E Huron St, Unit # 0904

30 E Huron St, Unit 3605

52 W Elm St, Unit 3501

1212 N La Salle Dr, Unit 2

1225 N La Salle Dr, Unit k4

330 W Grand Ave, Unit 18F
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

1355 N Sandburg Ter, Unit 1801D

301 W Ohio St, Unit 1004

770 N La Salle Dr, Unit 32R

600 N Dearborn St, Unit 1611

363 W Erie St, Unit 28C

1160 N Dearborn St, Unit 805

70 W Huron St, Unit 802

347 E Wacker Dr

600 N Dearborn St, Unit 811

515 N State St
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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!

60 E Monroe St, Unit 1807A

240 E Illinois St, Unit 1607

150 W Superior St, Unit 808

201 N Westshore Dr

33 W Ontario St, Unit 42D

70 W Huron St

433 N Wells St

545 N Dearborn St, Unit 1107

50 E Chestnut St, Unit 501

8 E Randolph
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680 N Lake Shore Dr, Unit 45C

300 W Grand Ave, Unit 601

744 N Clark St

1235 N La Salle Dr

200 W Hubbard St, Unit 304B

700 N La Salle Dr

345 N La Salle Dr, Unit 4601

308 W Evergreen Ave, Unit 1R

155 N Harbor Dr

153 W Ohio St
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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 | $4,182 | $2,400 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $8,738 | $4,500 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $27,999 | $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 160 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 574 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,224 to $43,181. There are also 569 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,575 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 $1,575 to $35,000 with an average monthly rent of $3,785.
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 $4,224 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,500 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
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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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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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
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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
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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.