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Apartments in Magnificent Mile Chicago

421 - 450 of 479 Results
0
$1,450
427 W Belden Ave
Chicago, IL
Studio | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Lincoln Park
0
$1,595
427 W Belden Ave
Chicago, IL
Studio | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Lincoln Park
0
$1,475
427 W Belden Ave
Chicago, IL
Studio | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Lincoln Park
9
$2,200
1043 W Van Buren St Unit 1004
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
8
$3,600
1043 W Van Buren St Unit 1811
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
West Loop
5
$1,827
1056 W Van Buren St Unit 1106
Chicago, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
West Loop
20
$1,980
Urban Abodes
1407 W. Erie, Unit R-7 Chicago, IL
2 BR | Available Now
Contact
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
West Town
10
$3,500
1402 W Grand Ave
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
West Town
58
$1,788 - 7,000
765 W Adams
Chicago, IL
Studio - 3 BR | Ask for Availability
West Loop
55
$2,675 - 4,400
33 South Aberdeen
Chicago, IL
1 - 3 BR | Ask for Availability
West Loop
1
$2,200
530-40 W. Armitage 2000 N. Mohawk
Chicago, IL
2 BR | Feb. 1, 2025
Contact
Cat Friendly
Storage
Disability Access
Lincoln Park
6
$2,115
1120 W Van Buren St Unit 602
Chicago, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
West Loop
24
$2,600
1120 W Van Buren St Unit 1513
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
West Loop
18
$1,875
2200 N Clark St Unit 305
Chicago, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Lincoln Park
9
$3,100
2131 N Larrabee St
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Lincoln Park
9
$2,210
1135 W Van Buren St
Chicago, IL
1 BR | Jan. 26, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
West Loop
11
$2,400
1394 W Randolph St
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
West Loop
25
$2,126
1400 W Randolph St
Chicago, IL
1 BR | Ask for Availability
Luxury
West Loop
35
$3,963
1400 W Randolph St
Chicago, IL
2 BR | Ask for Availability
West Loop
28
$2,450
1400 W Randolph St
Chicago, IL
1 BR | Ask for Availability
West Loop
44
$5,434
1400 W Randolph St
Chicago, IL
3 BR | Ask for Availability
West Loop
12
$6,400
1931 N Sheffield Ave
Chicago, IL
4 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
Lincoln Park
$2,250
907 W. Armitage Ave
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
6
$3,300
1929 N Sheffield Ave Unit 2F
Chicago, IL
3 BR | Jan. 1, 2025
Contact
Dog Friendly
Dishwasher
Lincoln Park
0
$2,350
1224 W Van Buren St
Chicago, IL
2 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
West Loop
8
$2,100
1930 N Sheffield Ave Unit Coach
Chicago, IL
1 BR | Available Now
Contact
Dishwasher
Lincoln Park
10
$5,900
1930 N Sheffield Ave Unit 1F
Chicago, IL
5 BR | Jan. 1, 2025
Contact
Dishwasher
Lincoln Park
10
$2,100
1930 N Sheffield Ave Unit 1R
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Dishwasher
Lincoln Park
8
$3,750
1930 N Sheffield Ave Unit 3F
Chicago, IL
3 BR | Jan. 1, 2025
Contact
Dog Friendly
Dishwasher
Lincoln Park
9
$3,300
1930 N Sheffield Ave Unit 2F
Chicago, IL
3 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
Dishwasher
Lincoln Park
421 - 450 of 479 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 456 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 $1,848 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 $2,401 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 $3,423 per month.

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

Rentable.co has over 182,939 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 $2,000 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 $2,000 per month, which is higher than the national average of $1,600 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:
December Rent Report

Welcome to the December 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Chicago Rent Prices Increase From November to December

Chicago rent prices increased over the last month. From November to December, the city experienced a 0.58% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,914.0.

When we take a look at the two-bedroom comparison from November to December, Chicago experienced a -0.61% decrease for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,126.0.

December Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Arlington Heights, IL
Naperville, IL
Oak Park, IL
$2,056
$1,979
$1,903
$1,778
$1,449
$1,412
$1,346
$0
$700
$1,400
$2,100
$2,800
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 4 of the Chicago suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

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

  • Rent decreased in Naperville, IL, Evanston, IL.

  • 2 suburbs are currently priced higher than the city of Chicago.

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

December 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Chicago, IL $1,903.0 0.90% $2,139.0 0.19%
Oak Park, IL $1,346.0 0.37% $2,087.0 3.83%
Naperville, IL $1,412.0 -0.56% $1,838.0 0.33%
Evanston, IL $1,778.0 -0.39% $2,311.0 1.81%
Arlington Heights, IL $1,449.0 5.23% $1,932.0 -0.16%
Schaumburg, IL $2,056.0 1.03% $2,522.0 1.37%
Des Plaines, IL $1,979.0 2.27% $2,451.0 3.64%

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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