AbodeABODE

Hermosa Rent Trends

Chicago, IL · March 2026 · median asking rents from leased listings

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,565
Effective rent
$1,565
Vs. Chicago median
-32%
Avg days to lease
24
Active rentals now
20

Median asking rent over time

$1.4k$1.6k$1.7k$1.9kJun ’24Aug ’24Feb ’25May ’25Jul ’25Sep ’25Mar ’26
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$1,565
-0.9% YoY · as of March 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Hermosa renting, answered

What is the average rent in Hermosa?
As of March 2026, the median asking rent in Hermosa is $1,565 per month, based on 17 leased listings. By size, the median is $1,565 for a 2 bedroom.
Are rents in Hermosa going up or down?
Median asking rent in Hermosa is down 0.9% compared with a year ago.
Is Hermosa more expensive than Chicago overall?
Hermosa's median asking rent is 32% below the Chicago citywide median of $2,300.
How quickly do rentals lease in Hermosa?
Over the last 90 days, rentals in Hermosa leased in an average of 24 days, with 20 active listings on the market right now.

Thinking about Hermosa?

A dedicated Abode agent who knows the block-by-block market — free for renters.