
Luxury Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL (422 Rentals)
The most luxurious Homes in the Magnificent Mile area of Chicago with high-end amenities, features, and finishes.


405 N Wabash Ave, Unit 1214

111 W Maple St, Unit 3311

233 E Erie St, Unit 1620

205 W Randolph St, Unit 501

474 N Lake Shore Dr, Unit 4611

33 W Ontario St, Unit 42G

1212 N La Salle Dr, Unit 2507

750 N Wells St, Unit 2008
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

321 E Erie St, Unit 3501

230 N Michigan Ave, Unit 4209

1435 N Dearborn St, Unit 1A

1 E Schiller St, Unit 2a

757 N Orleans St, Unit 1205

545 N Dearborn St, Unit 1305

400 N La Salle Dr, Unit 2804

30 E Huron St, Unit A

2 E Erie St, Unit 3512

480 N McClurg Ct, Unit 908
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

218 W Division St, Unit 210

1205 N Dearborn St, Unit 1A

400 E Randolph St, Unit 2324

1212 N Dearborn St, Unit #2A

8 E Randolph St, Unit 1703

1122 N Dearborn St, Unit 11K

303 W Ohio St, Unit 33D

545 N Dearborn St, Unit 1305

211 E Ohio St, Unit 2116

330 W Grand Ave, Unit 1434
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

211 E Ohio St, Unit 2116

10 E Ontario St, Unit 5007

200 N Dearborn St, Unit 807

175 E Delaware Plz, Unit 5903

1226 N Dearborn St, Unit 03

88 W Schiller St, Unit 702

33 W Delaware Pl, Unit 14k

400 E Randolph St, Unit Apartment Unit # 3905
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

340 E Randolph St, Unit 1818

630 N Franklin St, Unit 1008

240 E Illinois St, Unit 704

1260 N Astor St, Unit 3711

201 N Westshore Dr, Unit 2015

240 E Illinois St, Unit 704

225 W Huron St, Unit 501

88 W Schiller St, Unit 2601

1212 N Dearborn St, Unit 4

401 E Ontario St, Unit 38F
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

303 W Ohio St, Unit 1806

400 N La Salle Dr, Unit 2810

450 E Waterside Dr, Unit 403
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 | $4,207 | $2,400 | $10,000+ |
Magnificent Mile 3 Bedroom Homes for Rent | $8,303 | $4,500 | $10,000+ |
Magnificent Mile 4 Bedroom Homes for Rent | $14,372 | $6,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 422 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Magnificent Mile, Chicago, IL Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Magnificent Mile
What type of rentals are currently available in Magnificent Mile?
There are currently 600 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 666 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,343 to $30,000.
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 $1,343 to $30,000 with an average monthly rent of $6,283.
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 $4,500 to $30,000. 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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.