
Short Term Lease Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL (124 Rentals)
Rental terms in the Magnificent Mile area of Chicago as short as a month! Perfect when you can't commit to a full year of renting.


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1400 N Lake Shore Dr, Unit PL FL22-ID917

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500 N Lake Shore Dr, Unit GO FL15-ID1022

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311 W Illinois St, Unit GO FL19-ID1135

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343 W Wolf Point Plaza, Unit GO ID1028837P

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1400 N Lake Shore Dr, Unit GO FL5-ID916

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445 E Ohio St, Unit GO FL26-ID410

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505 N State St, Unit SI FL31-ID1094

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750 N Rush St, Unit SI FL11-ID165

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676 N La Salle Dr, Unit SI FL3-ID440
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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311 W Illinois St, Unit SI FL9-ID819

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505 N State St, Unit SI FL24-ID1005

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200 E Illinois St, Unit SI FL11-ID878

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61 W Erie St, Unit SI FL5-ID1414

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188 N Wells St, Unit SI FL3-ID1240

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505 N State St, Unit SI FL20-ID1143

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215 W Lake St, Unit SI FL12-ID1343

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423 E Ohio St, Unit SI FL3-ID1393

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17 S Wabash Ave, Unit SI ID1504151P

1 Month
347 W Chestnut St, Unit 1313
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.

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17 S Wabash Ave, Unit SI ID1504146P

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61 W Erie St, Unit SI FL5-ID1415

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17 S Wabash Ave, Unit SI ID1504149P

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17 S Wabash Ave, Unit SI ID1504150P

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210 N Wells St, Unit SI FL16-ID648

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445 E Ohio St, Unit SI FL31-ID1122

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318 W Grand Ave, Unit SI ID1244921P

1 Month
347 W Chestnut St, Unit 2506

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1400 N Lake Shore Dr, Unit SI FL22-ID549

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1400 N Lake Shore Dr, Unit SI FL16-ID948
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

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637 N Wells St, Unit SI FL24-ID1194

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210 N Wells St, Unit SI FL19-ID271

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535 N St Clair St, Unit SI FL7-ID1145

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215 W Lake St, Unit SI ID1028855P

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215 W Lake St, Unit SI ID1028852P

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637 N Wells St, Unit SI ID1047174P

1 Month
347 W Chestnut St, Unit 711

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343 W Wolf Point Plaza, Unit SI ID1028838P

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535 N St Clair St, Unit SI FL8-ID1149

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60 E Randolph St, Unit SI FL9-ID1371
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.

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61 W Erie St, Unit SI FL2-ID1397

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535 N St Clair St, Unit SI FL7-ID1150

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1400 N Lake Shore Dr, Unit SI FL9-ID556

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210 N Wells St, Unit SI FL17-ID257

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61 W Erie St, Unit SI FL2-ID1399

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61 W Erie St, Unit SI FL4-ID1406

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61 W Erie St, Unit SI FL5-ID1412

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420 E Ohio St, Unit SI FL7-ID585

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201 N Garland Ct, Unit SI FL30-ID1392

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45 E Chicago Ave, Unit SI FL17-ID1029597P
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
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 | $4,366 | $2,400 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $7,940 | $4,250 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $13,594 | $5,100 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $18,950 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 124 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 553 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,245 to $48,409. There are also 590 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,492 to $24,000.
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 $1,492 to $24,000 with an average monthly rent of $8,300.
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 $2,895 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,250 to $23,500. Four Bedroom Single-Family rentals are also available starting from $5,100 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

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
Written by: Nicole Harms
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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.