Cheap Apartments for Rent in the Hermosa Neighborhood of Chicago, IL from $1,100 (12 Rentals)

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

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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.

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4205 W Fullerton Ave
1 to 2 Bedroom Apartments

4205 W Fullerton Ave

4205 W Fullerton AveChicago, IL 60639
  • Utilities Included
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Fullerton
1 to 3 Bedroom Apartments

Fullerton

4433 W Fullerton AveChicago, IL 60639

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Best Value Apartments for Rent in Hermosa, IL

As of March 13, 2026 the best value apartment in the Hermosa area is the $0.27 price per square foot 3853 W Palmer St Model at 3853 W Palmer St, Unit # 02W in the in the Logan Square neighborhood starting from $2,695. The second greatest value Hermosa apartment is the 1903 N Kildare Ave Model at 1903 N Kildare Ave, Unit 2 starting at $3,000 with a $1.82 price per square foot in the Hermosa 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.
3853 W Palmer St, Unit # 02W3853 W Palmer St3BR,1BA$0.27
1903 N Kildare Ave, Unit 21903 N Kildare Ave4BR,2BA$1.82
2043 N Cicero Ave, Unit 3S2043 N Cicero Ave2BR,1BA$1.00
3853 W Palmer St3853 W Palmer St2BR,1BA$2.33
2317 N Keeler Ave, Unit 12317 N Keeler Ave2BR,1BA$3.00
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

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

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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.

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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.

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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.

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Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.