
Cheap Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL from $1,400 (175 Rentals) Page 2 of 4
Search the lowest-cost Homes available for rent right now in the Magnificent Mile area of Chicago.


99 W Washington St, Unit 1913

70 W Huron St

72 W Huron St

1226 N Dearborn St, Unit 33C

152 W Superior St, Unit 4R

1244 N Dearborn St, Unit 3R

440 N Wabash Ave, Unit 01707

1122 N Clark St, Unit 1122

345 N La Salle Dr
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106 W Chicago Ave, Unit 304

168 W Randolph St

641 N Wells St

1442 N Dearborn St, Unit B61

1320 N Dearborn St

1344 N Dearborn St, Unit 6B

1140 N La Salle Dr, Unit 607

200 N Dearborn St, Unit 04503

400 E Randolph St, Unit 821

401 E Ontario St
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201 N Westshore Dr

180 W Lake St, Unit 1606

700 N La Salle Dr

176 N Wells St

1140 N La Salle Dr, Unit 508

Total Monthly Price
1400 N Lake Shore Dr, Unit SI FL20-ID550

809 N Wells St

263 E Wacker Dr

746 N Dearborn St

535 N Michigan Ave, Unit 2507
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1344 N Dearborn St, Unit 07C

1442 N Dearborn St, Unit C8

211 E Ohio St, Unit 2513

342 W Chestnut St

512 N McClurg Ct

1122 N Clark St, Unit 3902

1140 N La Salle Dr, Unit 808

79 W Huron St

201 W Ontario St

1344 N Dearborn St, Unit 1344-07E
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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1344 N Dearborn St, Unit 1344-05C

1442 N Dearborn St, Unit E61

1344 N Dearborn St, Unit 16E

1344 N Dearborn St, Unit 14E

1442 N Dearborn St, Unit E41

212E E Chestnut St

300 N State St, Unit 04330

222 E Pearson St

200 N Dearborn St, Unit 1503

65 E Scott St, Unit 65 E Scott
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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 | $4,369 | $2,400 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $7,847 | $4,650 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $15,399 | $7,500 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $24,300 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 175 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 567 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,295 to $48,409. There are also 592 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,495 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 $1,495 to $35,000 with an average monthly rent of $9,452.
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 $3,295 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,650 to $22,000. Four Bedroom Single-Family rentals are also available starting from $7,500 and Four Bedroom Apartments start at $9,000.
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

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
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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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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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.