A neon sign reading "Blue Chicago on Clark" in an ornate archway.

Find Cheap Hotels in Magnificent Mile, IL

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
  • Be picky

    Search almost a million properties worldwide

Check availability on Magnificent Mile Cheap Hotels

Our top choices for Magnificent Mile cheap hotels

FOUND Hotels, Chicago, Series by Marriott

FOUND Hotels, Chicago, Series by Marriott
3.0 star property
Downtown Chicago
7.0 out of 10, Good, (9 reviews)
"Overall was a good stay!! Wish the place next door wasn’t as loud at night."
United States
Lia
The price is ¥23,929
¥28,090 total
includes taxes & fees
Jul 19 - Jul 20
FOUND Hotels, Chicago, Series by Marriott

The Wade

The Wade
4.5 star property
Downtown Chicago
8.6 out of 10, Excellent, (1,920 reviews)
"The staff was always super helpful, our room was clean and very comfortable, the view to the lake was beautiful!"
United States
Raul
The price is ¥27,324
¥32,486 total
includes taxes & fees
Jul 19 - Jul 20
The Wade

Freehand Chicago

Freehand Chicago
4.0 star property
Downtown Chicago
7.8 out of 10, Good, (3,190 reviews)
"Great location, affordable, comfortable bed, great air conditioning and plenty of hot water great water pressure in the shower."
United States
Traci
The price is ¥18,690
¥29,909 total
includes taxes & fees
Aug 10 - Aug 11
Freehand Chicago

Travelodge by Wyndham Downtown Chicago

Travelodge by Wyndham Downtown Chicago
2.0 star property
Downtown Chicago
7.6 out of 10, Good, (2,703 reviews)
"My stay was great! Staff was friendly and helpful."
United States
Danny
The price is ¥28,957
¥34,427 total
includes taxes & fees
Jul 28 - Jul 29
Travelodge by Wyndham Downtown Chicago

Warwick Allerton - Chicago

Warwick Allerton - Chicago
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (3,032 reviews)
"Great location, historic charm, friendly and helpful staff."
United States
Peter Anthony
The price is ¥25,271
¥34,790 total
includes taxes & fees
Aug 10 - Aug 11
Warwick Allerton - Chicago

The Chicago Hotel Collection Ambassador Gold Coast

The Chicago Hotel Collection Ambassador Gold Coast
4.0 star property
Downtown Chicago
8.2 out of 10, Very Good, (1,740 reviews)
"Nice place to stay"
Australia
Anna
The price is ¥24,842
¥29,535 total
includes taxes & fees
Jul 27 - Jul 28
The Chicago Hotel Collection Ambassador Gold Coast

Palmer House a Hilton Hotel

Palmer House a Hilton Hotel
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2,525 reviews)
"Staff was very nice. Hotel is beautiful "
United States
Britney Q
The price is ¥37,652
¥49,571 total
includes taxes & fees
Aug 6 - Aug 7
Palmer House a Hilton Hotel

The Westin Michigan Avenue Chicago

The Westin Michigan Avenue Chicago
4.5 star property
Downtown Chicago
8.8 out of 10, Excellent, (1,171 reviews)
"nice place"
United States
William
The price is ¥26,677
¥36,567 total
includes taxes & fees
Aug 9 - Aug 10
The Westin Michigan Avenue Chicago

Silversmith Hotel Chicago Downtown

Silversmith Hotel Chicago Downtown
4.0 star property
Downtown Chicago
9.4 out of 10, Exceptional, (2,292 reviews)
"Wonderful stay"
United States
Taylor
The price is ¥23,287
¥32,619 total
includes taxes & fees
Aug 9 - Aug 10
Silversmith Hotel Chicago Downtown

LondonHouse Chicago, Curio Collection by Hilton

LondonHouse Chicago, Curio Collection by Hilton
4.5 star property
Downtown Chicago
9.4 out of 10, Exceptional, (3,799 reviews)
"Beautiful hotel and location. Staff were very friendly and kind."
Canada
Sophie
The price is ¥37,387
¥49,194 total
includes taxes & fees
Aug 9 - Aug 10
LondonHouse Chicago, Curio Collection by Hilton
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.

Explore a world of travel with Expedia