Cheap Apartments for Rent in the Hermosa Neighborhood of Chicago, IL from $1,300 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Hermosa area of Chicago.

close
View Me
4410 W Armitage Ave
Studio to 3 Bedroom Apartments

4410 W Armitage Ave

4410 W Armitage AveChicago, IL 60639
close
View Me
1633 N Keating
2 Bedroom Apartments

1633 N Keating

1633 N KeatingChicago, IL 60639

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
1658 N Harding Ave
2 to 3 Bedroom Apartments

1658 N Harding Ave

1658 N Harding AveChicago, IL 60647
close
View Me
4500-4506 W Fullerton Ave
Studio to 3 Bedroom Apartments

4500-4506 W Fullerton Ave

4500-4506 W Fullerton AveChicago, IL 60639
  • Utilities Included
close
View Me
4205 W Fullerton Ave
1 to 2 Bedroom Apartments

4205 W Fullerton Ave

4205 W Fullerton AveChicago, IL 60639
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
4016 W Palmer St
1 to 2 Bedroom Apartments

4016 W Palmer St

4016 W Palmer StChicago, IL 60639

Best Value Apartments for Rent in Hermosa, IL

As of January 18, 2026 the best value apartment in the Hermosa area is the $1.04 price per square foot 2043 N Cicero Ave Model at 2043 N Cicero Ave, Unit 3S in the in the Cragin neighborhood starting from $1,450. The second greatest value Hermosa apartment is the 4736 W Armitage Ave Model at 4736 W Armitage Ave, Unit 1 starting at $1,950 with a $1.63 price per square foot in the Austin neighborhood. Here is today’s list of the best values for Hermosa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2043 N Cicero Ave, Unit 3S2043 N Cicero Ave2BR,1BA$1.04
4736 W Armitage Ave, Unit 14736 W Armitage Ave3BR,1BA$1.63
2317 N Keeler Ave, Unit M05H2317 N Keeler Ave2BR,1BA$2.61
2317 N Keeler Ave, Unit J08P2317 N Keeler Ave2BR,1BA$2.61
2317 N Keeler Ave, Unit G2317 N Keeler Ave2BR,1BA$2.63
3853 W Palmer St, Unit 2E3853 W Palmer St2BR,1BA$2.62

Expert Rental Resources

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.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!