Budget Hotels in Magnificent Mile, Chicago

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Top Magnificent Mile Budget Hotels

Warwick Allerton - Chicago

4.0 star property
Downtown Chicago
8.4 out of 10, Very Good, (2967)
"Great hotel and wonderful staff"
United States
Ryan
The price is P4,952
P7,544 total
includes taxes & fees
Nov 24 - Nov 25
Warwick Allerton - Chicago

InterContinental Chicago Magnificent Mile by IHG

4.5 star property
Downtown Chicago
9.0 out of 10, Wonderful, (2548)
"great location"
United States
Dennis Lee
The price is P10,553
P14,275 total
includes taxes & fees
Nov 24 - Nov 25
InterContinental Chicago Magnificent Mile by IHG

Park Hyatt Chicago

5.0 star property
Downtown Chicago
9.6 out of 10, Exceptional, (1001)
"beautiful room and hotel great bar!"
United States
ravi
The price is P27,415
P32,182 total
includes taxes & fees
Dec 7 - Dec 8
Park Hyatt Chicago

The Westin Michigan Avenue Chicago

4.5 star property
Downtown Chicago
8.8 out of 10, Excellent, (1074)
"Great trip! Will stay again."
United States
Julie
The price is P7,487
P10,558 total
includes taxes & fees
Dec 11 - Dec 12
The Westin Michigan Avenue Chicago
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Magnificent Mile

Discover cheap things to do in Magnificent Mile

The Magnificent Mile in Chicago is a paradise of experiences that won’t break the bank, perfect for quality-seeking travelers. Start your day at the iconic Water Tower, an architectural gem that offers free tours and stunning views of the city. Just a short walk away is the beautiful Millennium Park, where you can snap a selfie with the famous Bean sculpture or enjoy free concerts and outdoor events during the summer months. For a taste of culture without the price tag, visit the Art Institute of Chicago on free admission days, where you can marvel at world-renowned art collections. If you're looking to indulge your taste buds without overspending, check out the many food trucks lining the streets, offering delicious and affordable eats from Chicago-style hot dogs to gourmet tacos. After a full day of exploration, returning to one of the many budget-friendly hotels in the area will feel like a treat; many offer modern amenities, complimentary breakfasts, and friendly service that cater to your family’s needs, ensuring you feel pampered even on a budget. With the bustling shops and scenic riverwalk right outside your door, staying in the Magnificent Mile allows you to enjoy the vibrancy of Chicago while sticking to your budget.

Top Magnificent Mile Hotel Reviews

Frequently asked questions

What is Magnificent Mile like for travelers on a budget?
Explore discount places to stay in Magnificent Mile on Expedia.com and plan a getaway that sticks within your budget. Magnificent Mile is a destination that travelers visit for its top museums and lakeside setting. You can look through a wide range of accommodations with Member Prices to score great deals. Guided by our site's helpful page filters, you can limit results by your price range, or by popular amenities like free parking and free breakfast. Or, try refining your search with the location filters to see affordable options around local attractions, such as Michigan Avenue or Chicago Water Tower. While you browse, use the heart button to keep track of your favorites so that you can find them later when you're ready to decide. Need a flight or a rental car along with your hotel? Choose from the travel packages offered under Bundle and Save and discover big savings by booking transportation at the same time.
What's the best budget-friendly hotel in Magnificent Mile?
Based on reviews, Warwick Allerton - Chicago is a popular hotel for our travelers who want a more economical choice, and features free WiFi and a 24-hour fitness center.
What is there to see and do in Magnificent Mile?
Magnificent Mile attracts visitors with its fantastic dining options and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions on your list, such as Michigan Avenue and Navy Pier, and then make time for other wallet-friendly activities. Check out the local culture at Lookingglass Theatre and Museum of Contemporary Art Chicago, or visit other spots like Broadway Playhouse.
How can I get to Magnificent Mile and get around on a budget?
Checking out these ways to get around Magnificent Mile is a smart way to keep your trip affordable. The closest airport is 9.5 mi (15.3 km) from the center in Chicago Midway Airport (MDW). If that doesn't suit your budget, you can look into flights to Chicago O'Hare Intl. Airport (ORD), which is 15.5 mi (24.9 km) away. Magnificent Mile might not have many public transit options to choose from so a rental car could be an economical alternative to explore more of the area.