
Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL Under $2,000 (51 Rentals)


111 E Chestnut St

777 N Michigan Ave

300 N State St

233 E Erie St, Unit 2309

111 W Maple St, Unit 708

1325 N Dearborn St, Unit 607

1366 N Dearborn St, Unit #604

1160 N Dearborn St, Unit #204

Total Monthly Price
61 W Erie St, Unit SI FL2-ID1396
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Total Monthly Price
61 W Erie St, Unit SI FL5-ID1412

Total Monthly Price
188 N Wells St, Unit SI FL3-ID1236

1229 N Dearborn St

1150 N Lake Shore Dr, Unit APT 14J

1446 N Dearborn St, Unit C4

1122 N Dearborn St, Unit 1104

1140 N La Salle Dr, Unit 624

1140 N Dearborn St

1164 N Dearborn St, Unit 301

1164 N Dearborn St, Unit 205
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.

1347 N Dearborn St, Unit 304

1347 N Dearborn St, Unit 604

1347 N Dearborn St, Unit 604

1164 N Dearborn St, Unit 301

1347 N Dearborn St, Unit 100

1164 N Dearborn St, Unit 204

1442 N Dearborn St, Unit B7

1023 N Dearborn, Unit 103

1329. N Dearborn, Unit C5

1329 N Dearborn St, Unit D4
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1314 N Dearborn St, Unit 406

1314 N Dearborn St, Unit 403

1314 N Dearborn St, Unit 001

1023 N Dearborn St, Unit 615

1023 N Dearborn St, Unit 502

1023 N Dearborn St, Unit 413

1023 N Dearborn St, Unit 312

1140 N La Salle Dr, Unit 803

1140 N La Salle Dr, Unit 206

1164 N Dearborn St, Unit 1164-515
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1164 N Dearborn St, Unit 1164-410

1164 N Dearborn St, Unit 1164-213

1140 N La Salle Dr, Unit 525

1140 N La Salle Dr, Unit 309

1115 N Dearborn St

1 E Scott St

111 W Maple St

300 N State St

253 E Delaware Pl

253 E Delaware Pl, Unit 6E
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!
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 | $4,369 | $2,400 | $10,000+ |
| Magnificent Mile 3 Bedroom Homes for Rent | $7,847 | $4,650 | $10,000+ |
| Magnificent Mile 4 Bedroom Homes for Rent | $15,399 | $7,500 | $10,000+ |
| Magnificent Mile 5 Bedroom Homes for Rent | $24,300 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 51 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 567 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,295 to $48,409. There are also 592 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,495 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 $1,495 to $35,000 with an average monthly rent of $9,452.
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 $3,295 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,650 to $22,000. Four Bedroom Single-Family rentals are also available starting from $7,500 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

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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.