Budget Hotels in Magnificent Mile, Chicago

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Check availability on Magnificent Mile Budget Hotels

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Our top choices for Magnificent Mile cheap hotels

Freehand Chicago

Freehand Chicago
4.0 star property
Downtown Chicago
8.0 out of 10, Very Good, (2,829 reviews)
"Great location, clean and decent sized room, staff was helpful and amenities are very convenient!"
United States
MaryJane
The price is P4,633
P6,504 total
includes taxes & fees
Apr 13 - Apr 14
Freehand Chicago

Palmer House a Hilton Hotel

Palmer House a Hilton Hotel
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2,339 reviews)
"Beautiful property, great resturant on site, an the pool and spa was amazing."
United States
Tim
The price is P9,931
P13,172 total
includes taxes & fees
Apr 5 - Apr 6
Palmer House a Hilton Hotel

FOUND Hotel Chicago River North

FOUND Hotel Chicago River North
2.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (518 reviews)
"Lots of stuff close by , cool vibe inside and very nice staff"
United States
Abel
The price is P4,867
P5,713 total
includes taxes & fees
Apr 5 - Apr 6
FOUND Hotel Chicago River North

LIVN - Millennium Park Downtown Chicago

LIVN - Millennium Park Downtown Chicago
4.0 star property
Downtown Chicago
10.0 out of 10, Exceptional, (1 review)
"I had a really great stay at LIVN Millennium Park. The location honestly couldn’t be better and made getting around the city super easy. The apartment was very clean, modern, and comfortable. Everything felt well kept and thoughtfully set up, and it had everything I needed for a relaxing stay. The staff was super friendly and accommodating and the communication throughout the stay was clear and helpful. Overall it was a really convenient and enjoyable place to stay in downtown Chicago. I’d...
United States
Jeremy
The price is P6,116
P7,180 total
includes taxes & fees
Apr 12 - Apr 13
LIVN - Millennium Park Downtown Chicago

Congress Plaza Hotel

Congress Plaza Hotel
3.5 star property
Downtown Chicago
8.0 out of 10, Very Good, (10,004 reviews)
"Clean room, nice hotel, nice staff"
United States
Melanie
The price is P6,949
P8,157 total
includes taxes & fees
Apr 5 - Apr 6
Congress Plaza Hotel

Aloft Chicago Mag Mile

Aloft Chicago Mag Mile
3.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (3,158 reviews)
"Nice location and good hotel"
United States
Taneshia
The price is P6,601
P7,749 total
includes taxes & fees
Apr 5 - Apr 6
Aloft Chicago Mag Mile

The Wade

The Wade
4.5 star property
Downtown Chicago
8.4 out of 10, Very Good, (1,758 reviews)
"Staff was friendly, explained the hotel and amenities well. Great location."
United States
Mary
The price is P10,234
P12,015 total
includes taxes & fees
Apr 27 - Apr 28
The Wade

Le Méridien Essex Chicago

Le Méridien Essex Chicago
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (1,009 reviews)
"Every aspect of our stay was wonderful!"
United States
Hillary
The price is P5,695
P7,752 total
includes taxes & fees
Apr 1 - Apr 2
Le Méridien Essex Chicago

DoubleTree by Hilton Chicago - Magnificent Mile

DoubleTree by Hilton Chicago - Magnificent Mile
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (2,382 reviews)
"Loved this hotel!"
United States
Ellen
The price is P5,909
P6,937 total
includes taxes & fees
Apr 5 - Apr 6
DoubleTree by Hilton Chicago - Magnificent Mile

Warwick Allerton - Chicago

Warwick Allerton - Chicago
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (3,031 reviews)
"Excellent service, clean, comfortable, and a great location. "
United States
Lisa
The price is P5,405
P8,122 total
includes taxes & fees
Apr 1 - Apr 2
Warwick Allerton - 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 Wrigley Field, 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 House of Blues Chicago.
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.