Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Chicago area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in Magnificent Mile Chicago

31 - 60 of 567 Results
71
3D Tour
$1,740 - 4,425
Axis Apartments and Lofts
2.0
441 E. Erie St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
25
$2,170 - 3,443
100 W. Chestnut
Deal
Chicago, IL
1 - 2 BR | Available Now
Contact
River North
22
$1,778 - 2,826
55 W Chestnut
Deal
Chicago, IL
Studio - 2 BR | Available Now
Contact
Cat Friendly
Student
Virtual Tour
Luxury
Air Conditioning
18
$4,700
250 E Pearson St Unit 1802
Chicago, IL
2 BR | Jun. 8, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
37
3D Tour
$1,978 - 3,505
Chestnut Place
3.7
8 W. Chestnut Street Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
$1,695 - 3,395
440 N. Wabash Ave
Chicago, IL
1 - 2 BR | Available Now
Contact
Balcony/Deck/Patio
Pool
River North
10
$3,650
11 E Illinois St Unit 601
Chicago, IL
2 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
River North
16
$ Ask - 3,770
West77
77 Huron West Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
26
$1,755 - 3,650
Delaware at State
Deal
1 E Delaware Pl Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
14
$2,489
448 N State St Unit 2004
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
12
$2,925
Amazing One Bedroom Downtown Chicago Skyrise Views
405 N Wabash Ave Chicago, IL
1 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Senior Community
32
$2,478 - 4,885
At Water Apartments
355 Ohio Street East Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
28
$2,134 - 2,184
55. W Chestnut St
Chicago, IL
Studio - 1 BR | Ask for Availability
Contact
Cat Friendly
Fitness Center
Dishwasher
Rush & Division
109
$6,845 - 14,340
144 W Erie
Chicago, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$2,430 - 4,200
465 North Park
465 N Park Dr Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
12
$2,249 - 17,000
Aurelien
833 North Clark Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
12
$1,975 - 2,940
Aurelien
833 N Clark St. Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
14
$3,695 - 8,850
One Bennett Park
514 Peshtigo Court Chicago, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
35
$2,450 - 4,920
Moment
545 Mcclurg Ct N Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
88
$2,475 - 9,530
Moment
3.8
545 N. Mcclurg Court Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
18
$1,450 - 2,725
The Bush Temple
108 W Chicago Ave Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
42
$3,450
900 N Lake Shr
Streeterville Chicago, IL
1 BR | Available Now
Contact
Cat Friendly
Streeterville
11
$3,800
25 W Hubbard St Unit 403
Chicago, IL
2 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
River North
14
$1,504 - 1,778
Lake Shore Plaza
445 East Ohio Street Chicago, IL
Studio - 1 BR | Available Now
Contact
Air Conditioning
Fitness Center
Disability Access
Pool
Streeterville
37
$12,500
111 w Chestnut
Chicago, IL
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
5
$1,350 - 1,775
40 East Oak
40 E. Oak St. Chicago, WI
Studio - 1 BR | Available Now
Contact
Heat Included
Fitness Center
Gold Coast
46
$2,673 - 12,438
North Water Apartments
Deal
340 E North Water St Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
26
$1,775 - 3,630
Chestnut Tower
121 W. Chestnut St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
21
$2,489
720 N Ln
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
8
$2,252
720 N Ln
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
31 - 60 of 567 Results
  1. Home
  2. Chicago
  3. Magnificent Mile
Frequently Asked Questions

How many apartments are available in Magnificent Mile on Rentable.co?

Rentable.co has over 674 apartments available near Magnificent Mile.

What is the average rent for a studio apartment in Magnificent Mile?

The average rent for a studio apartment near Magnificent Mile is around $1,866 per month.

What is the average rent for a one-bedroom apartment in Magnificent Mile?

The average rent for a one-bedroom apartment near Magnificent Mile is around $2,445 per month.

What is the average rent for a two-bedroom apartment in Magnificent Mile?

The average rent for a two-bedroom apartment near Magnificent Mile is around $3,443 per month.

How many apartments are available in Chicago, IL on Rentable.co?

Rentable.co has over 181,967 apartments available in Chicago.

What is the average rent for a studio apartment in Chicago, IL?

The average rent for a studio apartment in Chicago is around $1,330 per month.

What is the average rent for a one-bedroom apartment in Chicago, IL?

The average rent for a one-bedroom apartment in Chicago is around $1,800 per month.

What is the average rent for a two-bedroom apartment in Chicago, IL?

The average rent for a two-bedroom apartment in Chicago is around $2,210 per month.

How expensive is it to rent an apartment in Chicago, IL?

For a two-bedroom apartment in Chicago, the average rent price is $2,210 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Chicago, IL?

Based on average rent prices in Chicago, to afford a studio apartment you would need an annual household income of $53,000 to live comfortably.

Chicago:
May Rent Report

Welcome to the May 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Chicago Rent Prices Increase From April to May

Chicago rent prices increased over the last month. From April to May, the city experienced a 1.06% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,913.0.

When we take a look at the two-bedroom comparison from April to May, Chicago experienced a 1.31% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,251.0.

May Prices: Chicago vs. Surrounding Areas

Des Plaines, IL
Chicago, IL
Schaumburg, IL
Evanston, IL
Lombard, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$1,901
$1,893
$1,868
$1,822
$1,621
$1,437
$1,437
$1,265
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 6 of the Chicago suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Evanston, IL, Arlington Heights, IL, Lombard, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL.

  • 7 suburbs are currently priced lower than the city of Chicago.

May 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Chicago, IL $1,893.0 1.45% $2,222.0 1.74%
Naperville, IL $1,437.0 -0.35% $1,842.0 0.11%
Oak Park, IL $1,265.0 0.56% $1,757.0 -0.73%
Evanston, IL $1,822.0 1.50% $1,968.0 1.92%
Arlington Heights, IL $1,437.0 2.21% $1,875.0 0.11%
Lombard, IL $1,621.0 1.95% $1,975.0 1.86%
Schaumburg, IL $1,868.0 4.42% $2,407.0 6.88%
Des Plaines, IL $1,901.0 6.20% $2,166.0 5.45%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Chicago Apartments
Chicago Apartments by Neighborhood
Chicago Apartments by Bedrooms
Chicago Apartments by Affordability
Chicago Apartments with Amenities
Chicago Apartments by Type
Colleges Near Chicago
Chicago Apartments by Zip Code