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Cheap Apartments for Rent in Magnificent Mile

1,456 Rentals
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  2. Building Photo - 25 E. Delaware
    Exceptional Value
    STUDIO
    $1,345

    25 E. Delaware

    25 E Delaware Pl, Chicago, IL 60611
  6. Building Photo - 18 E. Elm
    Exceptional Value
    STUDIO
    $1,445+
    1 BED
    $1,895+
    2 BEDS
    $2,745+

    18 E. Elm

    18 E Elm St, Chicago, IL 60611
  7. Building Photo - 55 E Erie St
    Exceptional Value
    STUDIO
    $1,470+
    1 BED
    $1,905+
    2 BEDS
    $2,935+
    3 BEDS
    $4,125+

    55 E Erie St

    55 E Erie St, Chicago, IL 60611
  9. Building Photo - 244 E. Pearson
    STUDIO
    $1,645+
    1 BED
    $2,295+

    244 E. Pearson

    244 E. Pearson St, Chicago, IL 60611
  15. Building Photo - 233 E Erie St
    STUDIO, 1 BATH
    $1,750
    Total Monthly Price Total Monthly Price New
    Base Rent$1,750
    Required Monthly FeesNone
    Total Monthly Price$1,750

    233 E Erie St Unit 1908

    233 E Erie St, Chicago, IL 60611
  19. Building Photo - 253 E Delaware Pl
    STUDIO, 1 BATH
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    253 E Delaware Pl Unit 12H

    253 E Delaware Pl, Chicago, IL 60611
  24. Building Photo - 512 N McClurg Ct
    STUDIO, 1 BATH
    $1,900
    Total Monthly Price Total Monthly Price New
    Base Rent$1,900
    Required Monthly FeesNone
    Total Monthly Price$1,900

    512 N McClurg Ct Unit 1702

    512 N McClurg Ct, Chicago, IL 60611
  25. Building Photo - 300 N State St
    STUDIO, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    300 N State St Unit 2504

    300 N State St, Chicago, IL 60654
  28. Building Photo - 320 N. Michigan
    Exceptional Value
    STUDIO
    $1,995+
    1 BED
    $1,995+

    320 N. Michigan

    320 N Michigan Ave, Chicago, IL 60601
  32. Building Photo - 230 E Ontario St
    Rent Special
    Rent Special
    1 BED, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    230 E Ontario St Unit 1203

    230 E Ontario St, Chicago, IL 60611
  33. Building Photo - 777 N Michigan Ave
    1 BED, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    777 N Michigan Ave Unit # 01706

    777 N Michigan Ave, Chicago, IL 60611
  36. Building Photo - 102 W Chicago Ave
    STUDIO, 1 BATH
    $2,001+
    1 BED, 1 BATH
    $2,525+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,001 - $2,525
    Required Monthly FeesNone
    Total Monthly Price$2,001 - $2,525

    102 W Chicago Ave

    102 W Chicago Ave, Chicago, IL 60654
  37. Building Photo - Lakeside 800
    Exceptional Value
    2 BEDS
    $2,035

    Lakeside 800

    800-808 N State St, Chicago, IL 60610
  38. Building Photo - Millennium Park Plaza
    Exceptional Value
    STUDIO
    $2,045+
    1 BED
    $2,145+
    2 BEDS
    $2,995+

    Millennium Park Plaza

    151-155 N Michigan Ave, Chicago, IL 60601
  40. 1 BED, 1 BATH
    $2,050
    Total Monthly Price Total Monthly Price New
    Base Rent$2,050
    Required Monthly FeesNone
    Total Monthly Price$2,050

    440 N Wabash Ave Unit 01707

    440 N Wabash Ave, Chicago, IL 60611
  41. STUDIO, 1 BATH
    $2,050
    Total Monthly Price Total Monthly Price New
    Base Rent$2,050
    Required Monthly FeesNone
    Total Monthly Price$2,050

    21 W Chestnut St Unit 1607

    21 W Chestnut St, Chicago, IL 60610
  42. Building Photo - 106 W Chicago Ave
    Rent Special
    Rent Special
    1 BED, 1 BATH
    $2,065
    Total Monthly Price Total Monthly Price New
    Base Rent$2,065
    Required Monthly FeesNone
    Total Monthly Price$2,065

    106 W Chicago Ave Unit 304

    106 W Chicago Ave, Chicago, IL 60654
Showing 42 of 361 results, Page 1 of 9

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Cheap Apartments in Magnificent Mile Neighborhood in Chicago, IL

When looking for cheap apartments in Magnificent Mile, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Magnificent Mile.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 361 cheap apartments available in Magnificent Mile, Apartment Finder is the place to find your next rental.

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