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Apartments in Magnificent Mile Chicago

61 - 90 of 569 Results
109
$2,120 - 5,690
Lofts At River East
3.4
401-465 E. Illinois Chicago, IL
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
$210
Lake Shore Dr
Chicago, IL
Studio | Available Now
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Streeterville
25
$1,925 - 2,095
320 N. Michigan
Chicago, IL
Studio - 1 BR | Available Now
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Cat Friendly
Virtual Tour
In Unit Laundry
Fitness Center
Dishwasher
15
$1,989
55 W Hubbard St Unit 1705
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
17
$2,469
55 W Hubbard St Unit 1601
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
22
$3,487
55 W Hubbard St Unit 2512
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
8
$2,200 - 2,295
2 E. Oak St.
Chicago, IL
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
$ Ask - 1,995
2 E. Oak St.
Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
21
$2,327
676 N Ln
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
River North
44
$1,700 - 2,700
The Ardus
676 North Lasalle St. Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
35
$2,147 - 5,466
The Gallery On Wells
637 Wells N Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
17
$1,830 - 3,854
Superior at Lasalle
165 W Superior St Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
15
$5,295
851 N LaSalle St Unit 2N
Chicago, IL
5 BR | Jun. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
13
$4,164
707 N Wells St Unit 405
Chicago, IL
2 BR | Jul. 15, 2024
Contact
River North
16
$3,625 - 10,595
One Bennett Park
514 N Peshtigo Ct Chicago, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
18
$2,150 - 4,895
500 Lake Shore Drive
500 Lake Shore Dr Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$2,330 - 6,195
640 North Wells
Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
14
$2,485 - 5,005
500 North Lake Shore Drive
Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Balcony/Deck/Patio
Fitness Center
Pool
Streeterville
13
$3,450
808 North Wls
Chicago, IL
2 BR | Ask for Availability
River North
36
$1,600 - 4,390
808 North Wls
Chicago, IL
Studio - 2 BR | Ask for Availability
River North
38
$2,047 - 6,114
AMLI 808
Deal
808 N Wells Street Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
57
$1,400
7116
Chicago, IL
2 BR | Available Now
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The Loop
16
$995
1011 Clark
1011 N Clark St Chicago, IL
Studio | Ask for Availability
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Cat Friendly
Luxury
Storage
Disability Access
Rush & Division
14
$2,480 - 6,045
Flair Tower
222 Erie Street W Chicago, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$2,130 - 4,490
Flair Tower
222 W. Erie Street Chicago, IL
1 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
9
$1,685
474 North Lake Shore Drive
Chicago, IL
Studio | Available Now
Contact
Heat Included
Air Conditioning
In Unit Laundry
Dishwasher
Streeterville
18
$1,295 - 1,895
1036 N. Dearborn
2.2
Chicago, IL
Studio - 1 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
19
$1,782 - 4,472
1111 N Dearborn
Deal
Chicago, IL
Studio - 3 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
Covered Parking
11
$3,801
150 W Kinzie St Unit 2
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
10
$3,300
1127-1133 N State St
Chicago, IL
3 BR | Available Now
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Gold Coast
61 - 90 of 569 Results
  1. Home
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  3. Magnificent Mile
Frequently Asked Questions

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

Rentable.co has over 568 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 $1,832 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 $2,441 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 $3,400 per month.

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

Rentable.co has over 183,158 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 $1,350 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 $2,140 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 $2,140 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 $54,000 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.

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