Find Cheap Hotels in Magnificent Mile, IL

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Check availability on Magnificent Mile Cheap Hotels

Our top choices for Magnificent Mile cheap hotels

Cocktail bar
Freehand Chicago

Freehand Chicago

Freehand Chicago
4.0 star property
Downtown Chicago
8.0 out of 10, Very Good, (2648)
"The room was spotless and the staff where great!"
United States
Maria
The price is AED 215
AED 317 total
includes taxes & fees
4 Jan - 5 January 2026
Freehand Chicago
Lobby
Aloft Chicago Mag Mile

Aloft Chicago Mag Mile

Aloft Chicago Mag Mile
3.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2967)
"Great location and great staff!!"
United States
lynne
The price is AED 290
AED 341 total
includes taxes & fees
14 Jan - 15 January 2026
Aloft Chicago Mag Mile
Exterior
Embassy Suites by Hilton Chicago Downtown Magnificent Mile

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, (2748)
"Clean room and friendly staff, overall good stay "
United States
eesaa saalik
The price is AED 285
AED 442 total
includes taxes & fees
11 Jan - 12 January 2026
Embassy Suites by Hilton Chicago Downtown Magnificent Mile
Lobby
River Hotel

River Hotel

River Hotel
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (4860)
"Great location, comfortable room, and nice staff."
United States
Claudia
The price is AED 275
AED 322 total
includes taxes & fees
28 Dec - 29 Dec
River Hotel
View from room
Hilton Chicago/Magnificent Mile Suites

Hilton Chicago/Magnificent Mile Suites

Hilton Chicago/Magnificent Mile Suites
3.5 star property
Downtown Chicago
9.0 out of 10, Wonderful, (3496)
"Great place to stay "
United States
RaShawna
The price is AED 298
AED 350 total
includes taxes & fees
5 Jan - 6 January 2026
Hilton Chicago/Magnificent Mile Suites
Indoor pool
Hilton Garden Inn Chicago Downtown/Magnificent Mile

Hilton Garden Inn Chicago Downtown/Magnificent Mile

Hilton Garden Inn Chicago Downtown/Magnificent Mile
3.0 star property
Downtown Chicago
8.4 out of 10, Very Good, (4248)
"Excellent location Restaurant attached "
United States
Rebecca
The price is AED 303
AED 355 total
includes taxes & fees
21 Dec - 22 Dec
Hilton Garden Inn Chicago Downtown/Magnificent Mile
Exterior
Warwick Allerton - Chicago

Warwick Allerton - Chicago

Warwick Allerton - Chicago
4.0 star property
Downtown Chicago
8.4 out of 10, Very Good, (3016)
"Enjoyed this hotel stay. "
United States
Kimberly
The price is AED 291
AED 449 total
includes taxes & fees
21 Dec - 22 Dec
Warwick Allerton - Chicago
Terrace/patio
DoubleTree by Hilton Chicago - Magnificent Mile

DoubleTree by Hilton Chicago - Magnificent Mile

DoubleTree by Hilton Chicago - Magnificent Mile
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (2197)
"Yes, very clean room and great hospitality "
United States
leticia i Vasquez
The price is AED 328
AED 385 total
includes taxes & fees
21 Dec - 22 Dec
DoubleTree by Hilton Chicago - Magnificent Mile
Exterior
Hyatt Centric Chicago Magnificent Mile

Hyatt Centric Chicago Magnificent Mile

Hyatt Centric Chicago Magnificent Mile
4.0 star property
Downtown Chicago
9.0 out of 10, Wonderful, (1054)
"Perfect location to surrounding area and activities, friendly staff, clean rooms, amazing gym, and delicious food."
United States
Hannah
The price is AED 360
AED 530 total
includes taxes & fees
1 Jan - 2 January 2026
Hyatt Centric Chicago Magnificent Mile
Nightclub
Club Quarters Hotel, Central Loop, Chicago

Club Quarters Hotel, Central Loop, Chicago

Club Quarters Hotel, Central Loop, Chicago
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (3317)
"Great location!"
Mexico
Jose
The price is AED 272
AED 319 total
includes taxes & fees
28 Dec - 29 Dec
Club Quarters Hotel, Central Loop, 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.
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Top Magnificent Mile Hotel Reviews

Hilton Chicago/Magnificent Mile Suites

Hilton Chicago/Magnificent Mile Suites

10/10 Excellent
"Awesome "
Adrian 3-night trip
Posted 3 hours ago
Hilton Chicago/Magnificent Mile Suites

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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 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.