
Cheap Homes for Rent in Hermosa Neighborhood of Chicago, IL from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Hermosa area of Chicago.


4304 W Shakespeare Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4455 W Dickens Ave

1746 N Keystone Ave
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
Hermosa, Chicago, IL Local Guide

How much does it cost to rent a home in Hermosa?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hermosa 2 Bedroom Homes for Rent | $1,537 | $1,000 | $1,800 |
Hermosa 3 Bedroom Homes for Rent | $1,937 | $1,700 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Hermosa Neighborhood of Chicago, IL.
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Hermosa, Chicago, IL Local Guide
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Best Value Apartments for Rent in Hermosa, IL
As of April 18, 2025 the best value apartment in the Hermosa area is the $1.37 price per square foot 4652 W Palmer St Model at 4652 W Palmer St, Unit 1 in the in the Hermosa neighborhood starting from $1,785. The second greatest value Hermosa apartment is the 3925 W North Ave Model at 3925 W North Ave, Unit 3rd fl starting at $1,850 with a $1.93 price per square foot in the Logan Square neighborhood. Here is today’s list of the best values for Hermosa apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4652 W Palmer St, Unit 1 | 4652 W Palmer St | 3BR,1BA | $1.37 |
3925 W North Ave, Unit 3rd fl | 3925 W North Ave | 3BR,1BA | $1.93 |
4340 W Shakespeare Ave, Unit G | 4340 W Shakespeare Ave | 2BR,1BA | $1.83 |
4813 W Armitage Ave, Unit 1 | 4813 W Armitage Ave | 1BR,1BA | $1.44 |
101-111 S. Harvey Ave. and 237-249 South Blvd | 237 South G | 1BR,1BA | $1.60 |
1700 N Kedvale Ave, Unit 1R | 1700 N Kedvale Ave | 2BR,1BA | $1.47 |
Fullerton | 2/1.0 | 2BR,1BA | $1.92 |
1654 N Karlov Ave, Unit Garden | 1654 N Karlov Ave | 2BR,1BA | $12.61 |
4810 W Armitage Ave, Unit 1R | 4810 W Armitage Ave | 2BR,1BA | $15.85 |
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Frequently Asked Questions about Hermosa
What type of rentals are currently available in Hermosa?
There are currently 103 Apartments for Rent in Hermosa, IL with pricing that ranges from $1,100 to $3,300. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hermosa ranging from $1,000 to $2,200.
What is the current price range for Rental Homes in Hermosa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hermosa ranges from $1,000 to $2,200 with an average monthly rent of $1,595.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.