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Apartments in Magnificent Mile Chicago

241 - 270 of 479 Results
66
$1,860 - 7,190
Alta at K Station
555 W Kinzie St Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
0
$1,875
1435 N Dearborn St
Chicago, IL
1 BR | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
Dishwasher
Gold Coast
0
$1,950
1435 N Dearborn St
Chicago, IL
1 BR | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
Dishwasher
Gold Coast
$1,199 - 5,229
Alta At K Station
555 West Kinzie Street Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
0
$1,995
1435 N Dearborn St
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Gold Coast
0
$1,950
1435 N Dearborn St
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Gold Coast
8
$1,250 - 1,600
1430 N Dearborn
Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
27
$2,895
1350 N Wells St
Chicago, IL
2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
0
$3,895
Modern And Luxurious 2 Bedroom Condo At Exclusive Randolph Place
165 N Canal St #630 Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Fitness Center
Dishwasher
0
$2,095
1446 N Dearborn St
Chicago, IL
1 BR | Feb. 1, 2025
Contact
Dog Friendly
Cat Friendly
Dishwasher
Gold Coast
15
$1,790 - 3,055
The Alfred
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
21
$3,023
20 E Adams St Unit 609
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
12
$1,850
20 E Adams St Unit 215
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
12
$1,845
20 E Adams St Unit 210
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
9
$1,450 - 1,585
1504 N Dearborn
Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Disability Access
12
$3,150
511 W Division St Unit 609
Chicago, IL
2 BR | Available Now
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Dog Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
40
$1,748 - 2,898
The Hayley
Deal
775 N 6th St Sacramento, CA
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Storage
19
$ Ask - 3,901
Echelon Chicago
353 Desplaines St N Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
9
$1,196 - 2,275
1435 N. Wells St
Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Old Town
1
$ Ask - 5,000
155 W. Burton Pl.
Chicago, IL
5 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
6
$2,450
1000 W Washington St Unit 230
Chicago, IL
1 BR | Available Now
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Dog Friendly
Dishwasher
West Loop
19
$1,684 - 3,233
Than Tower
Deal
343 W Schiller St Chicago, IL
Studio - 2 BR | Available Now
Contact
Luxury
Fitness Center
Old Town
118
$2,567 - 3,828
851 W Grand St
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
23
$1,895
180 W. Adams
180 W. Adams St Chicago, IL
1 BR | Available Now
Contact
In Unit Laundry
Fitness Center
The Loop
11
$2,400
300 w division 603
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
27
$1,894 - 2,893
180 North Jefferson
Deal
180 N Jefferson St Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
14
$2,200
1155 N Howe St Unit 04
Chicago, IL
1 BR | Dec. 27, 2024
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Dog Friendly
Cat Friendly
Dishwasher
River North
6
$3,990
1427 N Sedgwick St Unit 3
Chicago, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Old Town
$1,100
Multiple Addresses
Chicago, IL
3 BR | Available Now
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The Loop
12
$3,650
1444 N Orleans St
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
241 - 270 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 $2,411 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 182,888 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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