
Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL with Spacious Closets (67 Rentals)


474 N Lake Shore Dr, Unit 5603

2 E Erie St, Unit 512

10 E Ontario St, Unit 2101

401 N Wabash Ave, Unit 68A

1212 N La Salle Dr, Unit 1505

1340 N La Salle Dr, Unit 411

130 N Garland Ct, Unit 1906

600 N Lake Shore Dr, Unit 3102

21 W Chestnut St, Unit 1202
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360 E Randolph St, Unit 3507

330 W Grand Ave, Unit 1706

155 N Harbor Dr, Unit 2511

1200 N La Salle Dr, Unit 1305

450 E Waterside Dr, Unit 4101

222 W Randolph St, Unit 3401

303 W Ohio St, Unit 3006

1314 N Dearborn St, Unit 001

600 N Dearborn St, Unit 1611

545 N Dearborn St, Unit 1305
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.

155 N Harbor Dr, Unit 4606

111 W Maple St, Unit 2508

400 N La Salle Dr, Unit 2804

2 E Erie St, Unit 3512

630 N Franklin St, Unit 709

8 E Randolph St, Unit 2204

308 W Evergreen Ave, Unit 1R

1330 N La Salle Dr

401 E Ontario St

440 N Wabash Ave, Unit 3703
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.

1335 N Dearborn St, Unit 08A

1300 N Lake Shore Dr, Unit 010B

345 N La Salle Dr, Unit 2710

8 E Randolph St, Unit 10A

545 N Dearborn St, Unit 2510

340 E Randolph, Unit 301

33 W Ontario St, Unit 24I

201 N Westshore Dr, Unit 2509

401 N Wabash Ave, Unit 74g

545 N Dearborn St, Unit 1107
Navigating the Rental Market: Tips for First-Time Renters
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301 W Goethe St, Unit 103

474 N Lake Shore Dr, Unit 2509

80 E Wacker Pl, Unit 2105

363 W Erie St, Unit 28C

545 N Dearborn St, Unit 1611

400 N La Salle Dr, Unit 2909

600 N Lake Shore Dr, Unit 1110

1122 N Clark St, Unit 1122

330 W Grand Ave, Unit 18F

950 N Michigan Ave, Unit 4003
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
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 | $3,808 | $2,000 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $7,149 | $4,392 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $13,205 | $5,595 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $10,118 | $5,284 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 67 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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Pet Friendly LifestyleMagnificent Mile, Chicago, IL
Ranked #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Magnificent Mile
What type of rentals are currently available in Magnificent Mile?
There are currently 630 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 712 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,218 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 $1,218 to $24,000 with an average monthly rent of $6,455.
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 $2,220 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,392 to $16,000. Four Bedroom Single-Family rentals are also available starting from $5,595 and Four Bedroom Apartments start at $8,277.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!