
Cheap Homes for Rent in the Hermosa Neighborhood of Chicago, IL from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Hermosa area of Chicago.


2026 N Kedvale Ave

2206 N Kostner Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2026 N Kedvale Ave, Unit G

2035 N Kildare Ave, Unit 2035

1921 N Pulaski Rd
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.
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 | $1,949 | $1,395 | $2,750 |
| Hermosa 3 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
| Hermosa 4 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Hermosa Neighborhood of Chicago, IL.
Explore Chicago
Best Value Apartments for Rent in Hermosa, IL
As of July 10, 2026 the best value apartment in the Hermosa area is the $1.83 price per square foot 2200 N Kenneth Ave Model at 2200 N Kenneth Ave, Unit Unit 2 in the in the Hermosa neighborhood starting from $2,200. The second greatest value Hermosa apartment is the 2143 N Keystone Ave Model at 2143 N Keystone Ave, Unit 2 starting at $2,350 with a $1.96 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. |
|---|---|---|---|
| 2200 N Kenneth Ave, Unit Unit 2 | 2200 N Kenneth Ave | 2BR,1BA | $1.83 |
| 2143 N Keystone Ave, Unit 2 | 2143 N Keystone Ave | 3BR,1BA | $1.96 |
| 2113 N Springfield Ave, Unit 2 | 2113 N Springfield Ave | 3BR,1BA | $2.27 |
| 1922 N Keystone Ave, Unit Unit 1 | 1922 N Keystone Ave | 3BR,2BA | $2.27 |
| 4725 W Fullerton Ave, Unit Studio | 4725 W Fullerton Ave | Studio ,1BA | $3.92 |
Frequently Asked Questions about Hermosa
What type of rentals are currently available in Hermosa?
There are currently 94 Apartments for Rent in Hermosa, IL with pricing that ranges from $1,175 to $2,500. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hermosa ranging from $1,395 to $2,750.
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 $1,395 to $2,750 with an average monthly rent of $2,133.
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

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.

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.

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.