Homes for Rent in Magnificent Mile Neighborhood of Chicago, IL Under $2,000 (122 Rentals) Page 2 of 3

1400 N Lake Shore Dr

1400 N Lake Shore Dr

1400 N Lake Shore Dr

500 N Lake Shore Dr

500 N Lake Shore Dr

2 W Division St

1169 N Dearborn St

1164 N Dearborn St

355 N Wells St

855 N Dewitt Pl

28 E Chestnut St

98 W Chicago Ave

1339 N Dearborn St

240 E Wacker Dr

238 E Chestnut St

1140 N Dearborn St

1344 N Dearborn St

1140 N La Salle Dr

1164 N Dearborn St

1220 N La Salle Dr

1344 N Dearborn St

32 W Superior St

45 W Elm St

422 E Ohio St

199 W Hubbard St

1127 N Dearborn St

19 E Chestnut St

45 W Chicago Ave

212e E Chestnut St

529 N State St

544 N State St

70 W Huron St

106 W Chicago Ave

54 E Chestnut St

1169 N Dearborn

1407 N Lake Shore Dr

1169 N Dearborn St
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 | $3,845 | $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 122 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 617 Apartments for Rent in Magnificent Mile, IL with pricing that ranges from $1,105 to $77,776. There are also 711 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnificent Mile ranging from $1,350 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 $1,350 to $24,000 with an average monthly rent of $6,458.
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 $8,638.
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!












