Cost of living in Hermosa, Chicago (2026)

Key takeaway: A one-bedroom in Hermosa rents for about $1,260 to $1,545 a month in fall 2026, two-bedrooms about $1,650 to $2,000, and single-family homes sold for a median $375,000 in 2024, with Metra’s Healy station on Fullerton.

Hermosa is a small Northwest Side neighborhood between Belmont Cragin and Logan Square, around Fullerton and Pulaski. It’s a quiet area of bungalows and two-flats at prices well below the neighborhoods just east. Its typical one-bedroom, about $1,545 a month, runs about $534 below the citywide typical of $2,079 (Zillow, September 2026), the 43rd highest of the 92 areas in our neighborhood comparison.

Typical one-bedroom$1,545 a month
Typical two-bedroom$1,650 a month
Income for your own one-bedroomAbout $61,800 a year
L linesNone
MetraMilwaukee District North
Part of the cityNorthwest Side
At a glance, October 2026. Rents are the figures used in the sample budget below; income is our calculation, rent times 40.
Hermosa cost of living: typical one-bedroom $1,545 and two-bedroom $1,650 a month, compared with $2,079 and $2,516 citywide
Typical rents in Hermosa compared with the citywide typical (Zillow, September 2026). Neighborhood figures are the ones in the table above; income is our calculation, rent times 40.

On this page: Rent · Getting around · Groceries · Parking · Taxes and home prices · Buyer help · Sample budget

Rent by apartment size

UnitZumper (avg., Oct 2026)RentHop (median, Oct 2026)
Studio$1,275$1,400
1 bedroom$1,545$1,260
2 bedrooms$1,650$2,000
3 bedrooms$1,995$1,795

Source: Zumper Hermosa rent research, updated October 19, 2026; RentHop Hermosa. Hermosa has few listings in a given month, so the two sources differ widely. Sources differ because they track different listings; see why rent reports disagree.

Getting around

  • Metra: Healy station at 4014 W. Fullerton Ave. on the Milwaukee District North Line, Zone 2: $3.75 one way (Metra fares). See Metra fares.
  • L: no station in Hermosa; the Blue Line is east at Belmont and Logan Square.
  • Buses: routes along Fullerton (#74), Diversey (#76), Armitage (#73), North (#72), Pulaski (#53) and Cicero (#54).

A 30-day CTA pass is $75 (CTA).

Groceries nearby

StoreAddress
ALDI4030 W. Wrightwood Ave.
ALDI4627 W. Diversey Ave.
Walmart Supercenter (south)4650 W. North Ave.

Source: each store’s own location page or locator, checked October 25, 2026. See our Chicago grocery guide.

Parking

If you will have a car, check your block with the City Clerk’s zone lookup before you sign a lease. Adding a residential permit zone to your City Sticker costs $25 to $35 a year, on top of the $105.18 passenger-car sticker; our parking guide covers guest passes, meters and garages.

Property taxes and home prices

The Assessor’s 2024 report put Hermosa median sale prices at $254,000 for a condo, $375,000 for a single-family home and $517,000 for a two-to-six-unit building (Cook County Assessor, 2024 Chicago report). Citywide, the median Chicago homeowner bill for tax year 2025, mailed in August 2026, was $4,597, up 3.2% (Cook County Treasurer). For how bills are set and how to appeal, see our property tax guide, and to weigh owning against renting, our rent vs. buy calculator.

Help buying a home

  • HomeGrown (City of Chicago): purchase grants of $10,000 to $70,000 depending on income and which of two city zones the home is in, for buyers up to 150% of area median income, launched June 2026 with $21 million (Sun-Times).
  • IHDAccess Home (State of Illinois): up to $15,000 for first-time buyers as a 0% deferred second mortgage (Governor’s office).
  • Cook County Down Payment Assistance: 5% of the loan, up to $25,000, forgivable over five years (Cook County).

Hermosa cost of living: a sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom$1,545$75$61,800
Half of a two-bedroom$825$75$33,000
Your own two-bedroom$1,650$75$66,000

Source: our calculation from the Zumper averages above. Income needed is monthly rent times 12, divided by 0.30. For a fuller answer that includes taxes and the rest of your budget, try our Chicago salary calculator, and see Chicago move-in costs for what you’ll pay up front.

Compare every neighborhood side by side in our Chicago neighborhood cost comparison, or work out your own number with our salary calculator. More Northwest Side neighborhood profiles: Albany Park, Avondale, Belmont Cragin, Bucktown, Dunning, Edison Park, Irving Park, Jefferson Park, Logan Square, Montclare, Norwood Park, O’Hare, Old Irving Park, Portage Park and Sauganash and Forest Glen.

Costs that apply in every neighborhood: property tax bills, closing costs and condo fees, water, sewer and garbage fees, ComEd and Peoples Gas, CTA fares, parking, average salaries by job and our Chicago cost index.

Sources

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