Lake & Wells vs MILA
Lake & Wells has 38 available apartments from $2,203 (median $2,642). MILA has 24 available apartments from $2,370 (median $2,985). Prices, sizes, amenities, transit and reviews side by side, checked September 23, 2026.
Where they differ
- Lake & Wells starts lower, at $2,203 a month against $2,370 at MILA.
- For a studio, the median asking rent is $2,473 at Lake & Wells and $2,533 at MILA, a difference of $60 (2%).
- For a 1 bedroom, the median asking rent is $3,014 at Lake & Wells and $3,030 at MILA, a difference of $16 (1%).
- For a 2 bedroom, the median asking rent is $3,975 at Lake & Wells and $4,965 at MILA, a difference of $990 (20%).
- Per square foot, Lake & Wells is the better value at $3.48 against $4.02 at MILA.
- Lake & Wells has more choice right now: 38 available apartments against 24 at MILA.
- Renters rate MILA higher on Google: 4.5 out of 5 against 3.7 for Lake & Wells.
- Only MILA lists fitness center, parking, pets allowed.
Rent and availability
| Lake & Wells | MILA | |
|---|---|---|
| Available now | 38 | 24 |
| Starting rent | $2,203 | $2,370 |
| Median asking rent | $2,642 | $2,985 |
| Median rent per sq ft | $3.48 | $4.02 |
| Studio | from $2,203 · median $2,473 · 22 available · ~676 sq ft | from $2,370 · median $2,533 · 6 available · ~540 sq ft |
| 1 bedroom | from $2,644 · median $3,014 · 15 available · ~892 sq ft | from $2,660 · median $3,030 · 14 available · ~844 sq ft |
| 2 bedroom | from $3,975 · median $3,975 · 1 available · ~1,326 sq ft | from $4,840 · median $4,965 · 4 available · ~1,107 sq ft |
| Current specials | None listed | None listed |
Building and amenities
| Lake & Wells | MILA | |
|---|---|---|
| Neighborhood | The Loop | The Loop |
| Year built | n/a | n/a |
| Total units | 38 | 24 |
| Google rating | 3.7 / 5 (117 reviews) | 4.5 / 5 (112 reviews) |
| In-unit laundry | Yes | Yes |
| Pool | Yes | Yes |
| Fitness center | Not listed | Yes |
| Rooftop | Yes | Yes |
| Doorman or concierge | Not listed | Not listed |
| Parking | Not listed | Yes |
| Pets allowed | Not listed | Yes |
| EV charging | Not listed | Not listed |
| Balconies | Yes | Yes |
| Amenities listed | 6 | 27 |
| Managed by | Greystar | Brookfield Properties |
Getting around
| Lake & Wells | MILA | |
|---|---|---|
| Nearest CTA | Clark/Lake (Blue, Green, Orange, Pink, Purple, Brown), 4 min walk | State/Lake (Brown, Green, Orange, Pink, Purple), 4 min walk |
| Nearest grocery | Convenient Food Mart, 4 min walk | Mariano's, 6 min walk |
| Transit to O'Hare | 56 min | 59 min |
| Transit to Aon Center | 19 min | 6 min |
| Transit to Willis Tower | 10 min | 16 min |
| Transit to Art Institute | 19 min | 8 min |
| Transit to Union Station | 16 min | 16 min |
| Transit to Millennium Park | 21 min | 8 min |
Walk times are sidewalk-routed. Transit times are for a weekday morning. See how we measure.
Frequently asked
Is Lake & Wells or MILA cheaper?
Lake & Wells starts lower, at $2,203 a month against $2,370 at MILA. For a studio, the median asking rent is $2,473 at Lake & Wells and $2,533 at MILA, a difference of $60 (2%). For a 1 bedroom, the median asking rent is $3,014 at Lake & Wells and $3,030 at MILA, a difference of $16 (1%). For a 2 bedroom, the median asking rent is $3,975 at Lake & Wells and $4,965 at MILA, a difference of $990 (20%).
Which has more apartments available, Lake & Wells or MILA?
As of September 23, 2026, Lake & Wells has 38 available apartments and MILA has 24 available apartments.
Which is rated higher on Google, Lake & Wells or MILA?
Lake & Wells is rated 3.7 out of 5 from 117 reviews. MILA is rated 4.5 out of 5 from 112 reviews.
Where do these numbers come from?
Precise Rent reads each building's own published pricing and availability every morning and afternoon. Rent is the listed monthly price before any special, for apartments available right now. Google ratings are as published on Google Maps.