
Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL Under $2,000 (64 Rentals)


200 W Superior St, Unit 2706B

230 E Ontario St, Unit 1203

1030 N State St, Unit 2F

233 E Erie St, Unit 1902

440 N Wabash Ave, Unit 2503

111 E Chestnut St

400 E Randolph St, Unit 1616

300 N State St, Unit # 02504

300 N State St, Unit 2504
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401 E Ontario St

1122 N Dearborn St

8 W Monroe St, Unit 810

70 Huron W St, Unit 1101

1340 N Dearborn St

1441 N Dearborn St, Unit 2D

1366 N Dearborn St, Unit #506

1160 N Dearborn St

1160 N Dearborn St, Unit #216

188 N Wells St
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188 N Wells St

188 N Wells St

420 E Ohio St

20 E Scott St

1030 N State St

2 W Division St

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr
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253 E Delaware Pl

300 N State St

233 E Erie St

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1446 N Dearborn St

1344 N Dearborn St

1442 N Dearborn St
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1329 N Dearborn St

323 E Ontario St

1140 N La Salle Dr

1140 N La Salle Dr

1 E Scott St

33 W Delaware Pl

1347 N Dearborn St

1164 N Dearborn St

1023 N Dearborn St

1314 N Dearborn St
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.
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 | $4,240 | $2,000 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $8,535 | $4,650 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $14,714 | $6,000 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 64 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 595 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $48,409. There are also 637 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,295 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 $1,295 to $24,000 with an average monthly rent of $8,702.
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 $2,995 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,650 to $23,000. Four Bedroom Single-Family rentals are also available starting from $6,000 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.