Budget Hotels in Magnificent Mile, Chicago

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Check availability on Magnificent Mile Budget Hotels

Our top choices for Magnificent Mile cheap hotels

Hilton Chicago

Hilton Chicago
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2,795 reviews)
"Large rooms, excellent view!"
United States
Liza
The price is P9,775
P13,427 total
includes taxes & fees
May 25 - May 26
Hilton Chicago

Freehand Chicago

Freehand Chicago
4.0 star property
Downtown Chicago
8.0 out of 10, Very Good, (2,983 reviews)
"Great central location, lots to do nearby."
United States
Michael
The price is P5,472
P7,602 total
includes taxes & fees
May 25 - May 26
Freehand Chicago

Congress Plaza Hotel

Congress Plaza Hotel
3.5 star property
Downtown Chicago
8.0 out of 10, Very Good, (10,222 reviews)
"Great location, safe, clean and reasonable price. "
United States
Anthony
The price is P8,211
P9,762 total
includes taxes & fees
May 26 - May 27
Congress Plaza Hotel

Arlo Chicago

Arlo Chicago
4.0 star property
Downtown Chicago
9.4 out of 10, Exceptional, (2,098 reviews)
"Great place"
United States
Dawn
The price is P6,647
P9,761 total
includes taxes & fees
May 25 - May 26
Arlo Chicago

FOUND Hotel Chicago River North

FOUND Hotel Chicago River North
2.0 star property
Downtown Chicago
8.4 out of 10, Very Good, (602 reviews)
"Great stay!"
United States
Vanessa
The price is P6,950
P8,159 total
includes taxes & fees
May 25 - May 26
FOUND Hotel Chicago River North

Travelodge by Wyndham Downtown Chicago

Travelodge by Wyndham Downtown Chicago
2.0 star property
Downtown Chicago
7.4 out of 10, Good, (2,582 reviews)
"Clean room and friendly staff. "
United States
Marlyn
The price is P7,082
P8,420 total
includes taxes & fees
May 27 - May 28
Travelodge by Wyndham Downtown Chicago

Silversmith Hotel Chicago Downtown

Silversmith Hotel Chicago Downtown
4.0 star property
Downtown Chicago
9.2 out of 10, Wonderful, (2,246 reviews)
"Close to many attractions and shopping and nice unique hotel"
United States
Brittany
The price is P7,331
P10,593 total
includes taxes & fees
May 25 - May 26
Silversmith Hotel Chicago Downtown

The Wade

The Wade
4.5 star property
Downtown Chicago
8.4 out of 10, Very Good, (1,828 reviews)
"We enjoy our stay."
United States
Nuria
The price is P10,390
P12,353 total
includes taxes & fees
May 25 - May 26
The Wade

The Chicago Hotel Collection - Magnificent Mile

The Chicago Hotel Collection - Magnificent Mile
4.0 star property
Downtown Chicago
7.8 out of 10, Good, (1,402 reviews)
"great place "
United States
Jasar
The price is P6,995
P8,316 total
includes taxes & fees
May 25 - May 26
The Chicago Hotel Collection - Magnificent Mile

The Westin Michigan Avenue Chicago

The Westin Michigan Avenue Chicago
4.5 star property
Downtown Chicago
8.8 out of 10, Excellent, (1,135 reviews)
"Amazing stay and perfect location!"
Mexico
Ana Sofia Iracheta
The price is P10,576
P14,408 total
includes taxes & fees
May 21 - May 22
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 Navy Pier 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.