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Apartments in Magnificent Mile Chicago

91 - 120 of 460 Results
29
3D Tour
$2,027 - 5,799
Hubbard 221
Deal
221 W Hubbard St Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
47
$1,795 - 2,930
65 East Scott
4.0
65 E Scott St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
0
$2,000
474 N Lake Shr
Chicago, IL
1 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Dishwasher
Pool
Streeterville
1
$995
1011 Clark
1011 N Clark St Chicago, IL
Studio | Ask for Availability
Contact
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
$1,445
1036 N. Dearborn
2.2
Chicago, IL
Studio | Available Now
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
19
$1,815 - 4,451
1111 N Dearborn
Deal
3.7
Chicago, IL
Studio - 3 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
Covered Parking
9
$2,400
260 E South Water St Unit 910
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
The Loop
10
$3,300
1127-1133 N State St
Chicago, IL
3 BR | Available Now
Contact
Gold Coast
63
$2,395 - 11,195
8 E Huron St
Chicago, IL
1 - 3 BR | Ask for Availability
River North
34
$ Ask - 5,934
Coast At Lakeshore East
345 E Wacker Dr Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
25
$2,304 - 6,725
Aqua At Lakeshore East
225 N. Columbus Drive Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Luxury
Air Conditioning
Fitness Center
Storage
63
$1,713 - 3,541
1133 North Dearborn
Deal
3.3
1133 N. Dearborn Chicago, IL
Studio - 2 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
Covered Parking
20
$1,645 - 2,153
1000 N. Lasalle
Deal
3.5
Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
20
$1,335
18 E. Elm
2.9
Chicago, IL
Studio | Ask for Availability
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Fitness Center
Dishwasher
63
$1,805 - 3,315
Mda City Club Apartments
63 East Lake St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
5
$1,645 - 2,165
21 E. Division St
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Gold Coast
0
$3,200
757 N Orleans St
Chicago, IL
2 BR | Available Now
Contact
In Unit Laundry
Dishwasher
Pool
River North
47
$1,792 - 3,350
Elm Street Plaza
3.0
1130 N Dearborn St Chicago, IL
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
23
$1,395 - 1,615
14 West Elm Apartments
14 Elm Street West Chicago, IL
Studio - 1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
14
$1,813 - 2,307
The Tides
5.0
360 East South Water Street Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
38
$3,335 - 3,725
318 W Grand Ave
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
River North
0
$3,050
420 E Waterside Dr
Chicago, IL
1 BR | Mar. 1, 2025
Contact
In Unit Laundry
Dishwasher
Pool
The Loop
20
$2,600
Urban Abodes
420 E Waterside Dr Unit A2061 Chicago, IL
1 BR | Available Now
Contact
Heat Included
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
20
$2,600
Urban Abodes
420 E Waterside Dr Unit A2061 Chicago, IL
1 BR | Available Now
Contact
Heat Included
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
0
$2,295 - 2,595
200 N. Dearborn St
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
The Loop
4
$2,270
312 W Chestnut St Unit 1012
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
River North
0
$1,425
1164 N Dearborn
Chicago, IL
Studio | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
Rush & Division
91 - 120 of 460 Results
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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 $2,411 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 $3,396 per month.

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

Rentable.co has over 182,835 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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