Budget Hotels in Magnificent Mile, Chicago

    calendar shield illustration
    Change your mind
    Book hotels with free cancellation
    deals illustration
    Treat yourself
    Sign in to save 10% or more on thousands of hotels
    bed illustration
    Be picky
    Search almost a million properties worldwide

Check availability on Magnificent Mile Budget Hotels

Next weekend
In two weeks

Top Magnificent Mile Budget Hotels

Warwick Allerton - Chicago

4.0 star property
8.2 out of 10, Very Good, (2874)
"Just a great place to stay"
The price is P7,194
P10,001 total
includes taxes & fees
Jul 7 - Jul 8
Warwick Allerton - Chicago

InterContinental Chicago Magnificent Mile by IHG

4.5 star property
9.0 out of 10, Wonderful, (1977)
"Great location"
The price is P12,865
P16,908 total
includes taxes & fees
Jul 7 - Jul 8
InterContinental Chicago Magnificent Mile by IHG

Park Hyatt Chicago

5.0 star property
9.6 out of 10, Exceptional, (1001)
"Superb customer service, clean hotel!"
The price is P31,711
P37,226 total
includes taxes & fees
Aug 3 - Aug 4
Park Hyatt Chicago

The Westin Michigan Avenue Chicago

4.5 star property
8.8 out of 10, Excellent, (1013)
"Great location, have stayed here before would recommend this hotel very clean very professional staff"
The price is P8,633
P12,122 total
includes taxes & fees
Jul 10 - Jul 11
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.

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 a 24-hour fitness center and laundry facilities.
How many low cost hotels can I expect to find in Magnificent Mile?
Expedia has 6 hotels in Magnificent Mile that are ideal if you are watching your pennies.
What's the weather like in Magnificent Mile?
The hottest months are usually July and August with an average temperature of 70°F,
  • Coldest months: January, February, December, and March
  • Rainiest months: June, May, April, and October
  • Driest months: November, January, February, and December
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 Art Institute of Chicago, or visit other spots like Museum of Contemporary Art 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.