400 E Randolph St
ChicagoIL60601
Cheap Homes for Rent in the Magnificent Mile Neighborhood of Chicago, IL from $1,500 (233 Rentals) Page 2 of 5
Search the lowest-cost Homes available for rent right now in the Magnificent Mile area of Chicago.
631 N Wells St
ChicagoIL60654
201 W Ontario St
ChicagoIL60654
622 N Wells St
ChicagoIL60654
328 W Chestnut St
ChicagoIL60610
829 N Orleans St
ChicagoIL60610
106 W Chicago Ave, Unit 304
106 W Chicago Ave
ChicagoIL60654
67 W Chicago Ave, Unit 01-1004
67 W Chicago Ave
ChicagoIL60654
1442 N Dearborn St, Unit B61
1442 N Dearborn St
ChicagoIL60610
1344 N Dearborn St, Unit 16B
1344 N Dearborn St
ChicagoIL60610
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
1122 N Dearborn St
ChicagoIL60610
700 N La Salle Dr
ChicagoIL60654
176 N Wells St
ChicagoIL60606
211 E Ohio St, Unit 2513
211 E Ohio St
ChicagoIL60611
200 N Dearborn St, Unit 04503
200 N Dearborn St
ChicagoIL60601
535 N michigan Ave, Unit 2507
535 N michigan Ave
ChicagoIL60611
208 W Washington St, Unit 1503
208 W Washington St
ChicagoIL60606
216 N Wells St, Unit 1402
216 N Wells St
ChicagoIL60606
730 N Dearborn St
ChicagoIL60654
233 E Erie St
ChicagoIL60611
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
79 W Huron St
ChicagoIL60654
613 N Wells St, Unit 2003
613 N Wells St
ChicagoIL60654
close
View Me
$2,130
Total Monthly Price
1 Bedroom Apartments Available Feb 10, 2027Total Monthly Price
Base Rent
$2,130
Total Monthly Price
$2,130
420 E Ohio St, Unit SI FL11-ID583
420 E Ohio StChicago, IL 60611
503 N Kingsbury St
ChicagoIL60654
441 E Ohio St
ChicagoIL60611
736 N Dearborn St
ChicagoIL60654
749 N Clark St
ChicagoIL60654
746 N Dearborn St
ChicagoIL60654
333 E Ontario St
ChicagoIL60611
320w W Chestnut St
ChicagoIL60610
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.
1359 N Lake Shore Dr
ChicagoIL60610
1226 N Dearborn St, Unit 33C
1226 N Dearborn St
ChicagoIL60610
633 N Wells St
ChicagoIL60654
501 N Kingsbury St
ChicagoIL60654
1442 N Dearborn St, Unit C13
1442 N Dearborn St
ChicagoIL60610
322 W Evergreen Ave, Unit 1
322 W Evergreen Ave
ChicagoIL60610
800 N La Salle Dr
ChicagoIL60610
1255 N Sandburg Terrace, Unit 2105
1255 N Sandburg Terrace
ChicagoIL60610
360 W Illinois St
ChicagoIL60654
70 W Huron St, Unit 12
70 W Huron St
ChicagoIL60654
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
42 E Superior St, Unit 9F
42 E Superior St
ChicagoIL60611
201 N Westshore Dr
ChicagoIL60601
152 W Superior St, Unit 4R
152 W Superior St
ChicagoIL60654
30 W Huron St, Unit 02606
30 W Huron St
ChicagoIL60654
300 N State St, Unit 04330
300 N State St
ChicagoIL60654
20 N State St, Unit 1139
20 N State St
ChicagoIL60602
450 N Franklin St
ChicagoIL60654
400 E Randolph St, Unit 3504
400 E Randolph St
ChicagoIL60601
141 W Randolph St
ChicagoIL60601
1030 N State St
ChicagoIL60610
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 51-100, Page 2 of 5
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 | $4,213 | $2,400 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $8,913 | $3,600 | $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+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 233 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
Explore Chicago
Let everyone know!
Do you know the Magnificent Mile area?
If you’re an expert on all things Magnificent Mile, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Magnificent Mile
What type of rentals are currently available in Magnificent Mile?
There are currently 584 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,299 to $43,181. There are also 656 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 $3,742.
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 $3,600 to $32,500. Four Bedroom Single-Family rentals are also available starting from $10,000 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
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.