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Budget Hotels in Magnificent Mile, Chicago

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Check prices for these dates

Tonight
Nov 11 - Nov 12
Tomorrow
Nov 12 - Nov 13
This weekend
Nov 13 - Nov 15
Next weekend
Nov 20 - Nov 22

Our top choices for Magnificent Mile cheap hotels

A modern interior with a dining area, sofas, and artwork on the walls.

1. Hotel Saint Clair- Magnificent Mile

Hotel Saint Clair- Magnificent Mile
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2,401 reviews)
"Great location and friendly staff."
United States
Grace
The price is P4,909
P5,935 total
includes taxes & fees
Dec 9 - Dec 10
Hotel Saint Clair- Magnificent Mile
A historic building with a prominent entrance, multiple flags, and a classic architectural style.

2. Warwick Allerton - Chicago

Warwick Allerton - Chicago
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (2,937 reviews)
"Location is the biggest advantage of this hotel being right in the middle of all the action on the magnificient mile."
United Kingdom
Muhammad
The price is P4,815
P7,597 total
includes taxes & fees
Nov 24 - Nov 25
Warwick Allerton - Chicago
A cityscape at dusk with high-rise buildings, including a Hilton hotel.

3. Hilton Chicago/Magnificent Mile Suites

Hilton Chicago/Magnificent Mile Suites
3.5 star property
Downtown Chicago
9.0 out of 10, Wonderful, (5,058 reviews)
"Great place to stay"
United States
Melissa
The price is P6,367
P7,570 total
includes taxes & fees
Dec 7 - Dec 8
Hilton Chicago/Magnificent Mile Suites
A modern lobby with a grey sofa, checkered ottomans, and a coffee table. There are black chairs, a blue sofa, and a TV on a stand.

4. Aloft by Marriott Chicago Mag Mile

Aloft by Marriott Chicago Mag Mile
3.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (3,320 reviews)
"Great location . Would definitely come back there"
United States
Kevin
The price is P7,115
P8,459 total
includes taxes & fees
Nov 22 - Nov 23
Aloft by Marriott Chicago Mag Mile
A river with buildings on both sides, a bridge, and a pedestrian walkway.

5. River Hotel

River Hotel
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (5,614 reviews)
"The hotel was in a great location."
United States
Shelby
The price is P6,711
P7,979 total
includes taxes & fees
Dec 10 - Dec 11
River Hotel
A luxurious bathroom with a large oval bathtub, a chandelier, and two large mirrors with floral arrangements.

6. The Whitehall Hotel, BW Premier Collection

The Whitehall Hotel, BW Premier Collection
3.5 star property
Downtown Chicago
8.4 out of 10, Very good, (3,950 reviews)
"Friendly staff and great location"
United States
Alexis
The price is P5,089
P6,050 total
includes taxes & fees
Dec 7 - Dec 8
The Whitehall Hotel, BW Premier Collection
A modern interior with a geometric light wall, a staircase, and hanging crystal chandeliers.

7. Hampton Inn & Suites Chicago Downtown

Hampton Inn & Suites Chicago Downtown
3.0 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1,599 reviews)
"Great hotel"
United States
Tracy
The price is P6,957
P8,271 total
includes taxes & fees
Nov 24 - Nov 25
Hampton Inn & Suites Chicago Downtown
A hotel with a prominent 'HOTEL FELIX' sign, surrounded by tall buildings and a tree-lined street.

8. Hotel Felix River North/Magnificent Mile

Hotel Felix River North/Magnificent Mile
4.0 star property
Downtown Chicago
8.4 out of 10, Very good, (3,178 reviews)
"Everything was so close, on my 4 days staying at the felix, i walk everywhere, it was so convenient, i will totally coming back, it was a great choice"
United States
Andrea Paola
The price is P5,111
P8,172 total
includes taxes & fees
Dec 8 - Dec 9
Hotel Felix River North/Magnificent Mile
A hotel room with a sofa, a small table, and a view of the cityscape through large windows.

9. Fairfield Inn & Suites Chicago Downtown/River North

Fairfield Inn & Suites Chicago Downtown/River North
3.0 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1,215 reviews)
"Excellent location. The breakfast was fantastic, and the staff was so kind and welcoming. Walkable to many great restaurants and activities."
United States
Jeralie
The price is P6,965
P8,280 total
includes taxes & fees
Nov 23 - Nov 24
Fairfield Inn & Suites Chicago Downtown/River North
A multi-story building with a prominent curved glass facade, surrounded by other high-rise buildings.

10. Embassy Suites by Hilton Chicago Downtown Magnificent Mile

Embassy Suites by Hilton Chicago Downtown Magnificent Mile
4.0 star property
Downtown Chicago
8.4 out of 10, Very good, (3,023 reviews)
"Great stay!"
United States
Serge
The price is P7,588
P10,880 total
includes taxes & fees
Nov 24 - Nov 25
Embassy Suites by Hilton Chicago Downtown Magnificent Mile
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.
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Compare popular hotels in Magnificent Mile

Property
Property class
Guest rating
Breakfast included
Pool
Spa
Pet-friendly
WiFi included
A hotel room with a large window offering a city view, a bed, a desk, and a chair.
Courtyard by Marriott Chicago Magnificent Mile
3.0 star property
9.0
Wonderful
2,089 reviews
View
The Riu Plaza Chicago Hotel facade with a grand entrance, large windows, and a modern architectural design.
Hotel Riu Plaza Chicago
4.0 star property
9.4
Exceptional
5,684 reviews
View
A building with a brick facade, a flagpole with an American flag, and a sign for 'Fairfield by Marriott.'
Fairfield Inn & Suites Chicago Downtown / Magnificent Mile
3.0 star property
9.0
Wonderful
1,006 reviews
View
A historic building with a prominent entrance, multiple flags, and a classic architectural style.
Warwick Allerton - Chicago
4.0 star property
8.8
Excellent
2,937 reviews
View
A swimming pool with lounge chairs and umbrellas, surrounded by tall buildings.
DoubleTree by Hilton Chicago - Magnificent Mile
4.0 star property
8.8
Excellent
2,583 reviews
View

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.

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 Soldier 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 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.