
Cheap Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL from $1,200 (133 Rentals)Page 2 of 3
Search the lowest-cost Homes available for rent right now in the Magnificent Mile area of Chicago.


33 W Delaware Pl

117 N Clark St

750n N Dearborn St

700 N Dearborn St

162 W Division St, Unit 313

30 E Division St

111 E Chestnut St, Unit 10E

163 W Division St

535 N Michigan Ave, Unit 2507

1163 N Dearborn St

300 N State St, Unit 3826

200 N Dearborn St, Unit 2405

300 N State St, Unit 3826

211 E Ohio St, Unit 1225

474 N Lake Shore Dr

222 N Columbus Dr

400 E Randolph St

211 E Ohio St

143 W Huron St

321 E Erie St, Unit 3501

209 W Ontario St

216 N Wells St, Unit 1402

130 N Garland Ct, Unit 2901

440 N Wabash Ave, Unit 01707

1035 N Dearborn St, Unit 09B

1455 N Sandburg Terrace

59 E Cedar St

1220 N La Salle Dr, Unit h2

1212 N La Salle Dr, Unit 2

1220 N La Salle Dr

1122 N Clark St, Unit 1009

200 N Dearborn St, Unit 04503

211 E Ohio St, Unit 1712

1212 N LaSalle Dr, Unit 1605

60 W Huron St

1445 N State Pkwy

206 W Division St

70 E Scott St

10 E Ontario St

777 N Michigan Ave

750 N Dearborn St

42 E Superior St, Unit 9F

211 E Ohio St, Unit 14134

474 N Lake Shore Dr, Unit 4001

401 E Ontario St, Unit 503

400 W Ontario St

400 W Ontario St, Unit 708B

400 W Ontario St, Unit # 0708B

400 W Ontario St, Unit 708 B
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 | $4,136 | $2,400 | $10,000+ |
Magnificent Mile 3 Bedroom Homes for Rent | $9,580 | $4,350 | $10,000+ |
Magnificent Mile 4 Bedroom Homes for Rent | $14,496 | $6,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 133 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 633 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 584 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,200 to $32,500.
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 $1,200 to $32,500 with an average monthly rent of $6,564.
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 $1,626 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,350 to $32,500. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $7,000.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.