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- 1–3 Bedrooms
- $3,500-$6,500Pricing
- 1,026–2,557Square Feet
About PARK5 Luxury Townhomes
Welcome to PARK5 Luxury Townhomes—a brand-new collection of upscale, for-rent townhomes in Deerfield, IL, designed to redefine suburban living. Featuring 1- to 3-bedroom homes with thoughtfully crafted layouts, designer finishes, and modern amenities, PARK5 offers a lifestyle where comfort, convenience, and luxury meet. Located in the heart of Deerfield, PARK5 connects residents to premier shopping, dining, and entertainment options, as well as top-rated schools and commuter-friendly access to the greater Chicago area. From attached garages and private driveways to scenic trails and lush courtyards, every detail is designed to provide a truly elevated living experience.
PARK5 Luxury Townhomes is located in the 60015 Zip code of Deerfield, IL. This community is professionally managed by RPM
Property Contact Info
Floorplan Pricing and Availability
PARK5 Luxury Townhomes offers 1 to 3 Bedroom apartments starting from $3,500 and having 1,026–2,557 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Floorplan A1
$3,500
1 Bed, 1.5 Baths, 1026 sq ftAvailable May 15Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $3,500 May 15, 2026 1-675H 1026 $3,500 May 15, 2026 1-685H 1026 $3,500 May 15, 2026 1-725H 1026 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Model Price
- $3,500Plus Fees
Deposit
- $500 deposit
Unit 1-675H Rent and Fees
Unit Price
- $3,500Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $3,500Plus Fees
Unit 1-685H Rent and Fees
Unit Price
- $3,500Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $3,500Plus Fees
Unit 1-725H Rent and Fees
Unit Price
- $3,500Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $3,500Plus Fees
Apartment Model: A1From $3,5001 Bedroom, 1.5 Bath, 1026 sq ftAvailable May 15, 2026![]()
A1 - Floorplan 1 Apartment Unit: 1-675HApartment Model: A1$3,5001 Bedroom, 1.5 Bath, 1026 sq ftAvailable May 15, 2026Apartment Unit: 1-685HApartment Model: A1$3,5001 Bedroom, 1.5 Bath, 1026 sq ftAvailable May 15, 2026Apartment Unit: 1-725HApartment Model: A1$3,5001 Bedroom, 1.5 Bath, 1026 sq ftAvailable May 15, 20262 Bedrooms
Floorplan B1
$4,200
2 Beds, 2.5 Baths, 1688 sq ftAvailable May 15Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $4,200 May 15, 2026 2-665H 1688 $4,200 May 15, 2026 3-725H 1688 $4,200 May 15, 2026 6-655H 1688 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Model Price
- $4,200Plus Fees
Deposit
- $500 deposit
Unit 2-665H Rent and Fees
Unit Price
- $4,200Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $4,200Plus Fees
Unit 3-725H Rent and Fees
Unit Price
- $4,200Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $4,200Plus Fees
Unit 6-655H Rent and Fees
Unit Price
- $4,200Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $4,200Plus Fees
Apartment Model: B1From $4,2002 Bedroom, 2.5 Bath, 1688 sq ftAvailable May 15, 2026![]()
B1 - Floorplan 1 Apartment Unit: 2-665HApartment Model: B1$4,2002 Bedroom, 2.5 Bath, 1688 sq ftAvailable May 15, 2026Apartment Unit: 3-725HApartment Model: B1$4,2002 Bedroom, 2.5 Bath, 1688 sq ftAvailable May 15, 2026Apartment Unit: 6-655HApartment Model: B1$4,2002 Bedroom, 2.5 Bath, 1688 sq ftAvailable May 15, 20263 Bedrooms
Floorplan C2
$5,999
3 Beds, 2.5 Baths, 2129 sq ftAvailable Apr 15Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $5,999 April 15, 2026 1-740H 2129 $5,999 April 15, 2026 2-740H 2129 $5,999 April 15, 2026 3-740H 2129 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Model Price
- $5,999Plus Fees
Deposit
- $500 deposit
Unit 1-740H Rent and Fees
Unit Price
- $5,999Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $5,999Plus Fees
Unit 2-740H Rent and Fees
Unit Price
- $5,999Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $5,999Plus Fees
Unit 3-740H Rent and Fees
Unit Price
- $5,999Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $5,999Plus Fees
Apartment Model: C2From $5,9993 Bedroom, 2.5 Bath, 2129 sq ftAvailable April 15, 2026![]()
C2 - Floorplan 1 Apartment Unit: 1-740HApartment Model: C2$5,9993 Bedroom, 2.5 Bath, 2129 sq ftAvailable April 15, 2026Apartment Unit: 2-740HApartment Model: C2$5,9993 Bedroom, 2.5 Bath, 2129 sq ftAvailable April 15, 2026Apartment Unit: 3-740HApartment Model: C2$5,9993 Bedroom, 2.5 Bath, 2129 sq ftAvailable April 15, 2026Floorplan C1
$5,400
3 Beds, 2.5 Baths, 1971 sq ftAvailable May 15Cheapest 3 BedroomThis is the cheapest 3 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $5,400 May 15, 2026 4-720T 1971 $5,400 May 15, 2026 4-725H 1971 $5,400 May 15, 2026 5-655H 1971 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Model Price
- $5,400Plus Fees
Deposit
- $500 deposit
Unit 4-720T Rent and Fees
Unit Price
- $5,400Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $5,400Plus Fees
Unit 4-725H Rent and Fees
Unit Price
- $5,400Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $5,400Plus Fees
Unit 5-655H Rent and Fees
Unit Price
- $5,400Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $5,400Plus Fees
Apartment Model: C1From $5,4003 Bedroom, 2.5 Bath, 1971 sq ftAvailable May 15, 2026![]()
C1 - Floorplan 1 Apartment Unit: 4-720TApartment Model: C1$5,4003 Bedroom, 2.5 Bath, 1971 sq ftAvailable May 15, 2026Apartment Unit: 4-725HApartment Model: C1$5,4003 Bedroom, 2.5 Bath, 1971 sq ftAvailable May 15, 2026Apartment Unit: 5-655HApartment Model: C1$5,4003 Bedroom, 2.5 Bath, 1971 sq ftAvailable May 15, 2026Floorplan C3
$6,500
3 Beds, 2.5 Baths, 2557 sq ftAvailable May 15Largest 3 BedroomThis is the largest 3 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $6,500 May 15, 2026 2-685H 2557 $6,500 May 15, 2026 2-720T 2557 $6,500 May 15, 2026 2-725H 2557 Model Amenities and Features
Features
- Windows
Model Rent and Fees
Model Price
- $6,500Plus Fees
Deposit
- $500 deposit
Unit 2-685H Rent and Fees
Unit Price
- $6,500Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $6,500Plus Fees
Unit 2-720T Rent and Fees
Unit Price
- $6,500Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $6,500Plus Fees
Unit 2-725H Rent and Fees
Unit Price
- $6,500Plus Fees
Deposit
- $500 deposit
Model Rent and Fees
Price
- $6,500Plus Fees
Apartment Model: C3From $6,5003 Bedroom, 2.5 Bath, 2557 sq ftAvailable May 15, 2026![]()
C3 - Floorplan 1 Apartment Unit: 2-685HApartment Model: C3$6,5003 Bedroom, 2.5 Bath, 2557 sq ftAvailable May 15, 2026Apartment Unit: 2-720TApartment Model: C3$6,5003 Bedroom, 2.5 Bath, 2557 sq ftAvailable May 15, 2026Apartment Unit: 2-725HApartment Model: C3$6,5003 Bedroom, 2.5 Bath, 2557 sq ftAvailable May 15, 2026
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Property Information
- 144 Units
- 3 Stories
- Built in 2026
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Lease Terms
- 6, 9, 12, 14, 16, 18, 20, 24 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Other Fees
Pet Fees
- One-Time Pet FeeiCharged Per Pet$400
- Monthly Pet FeeiCharged Per Pet$35
- One-Time Pet FeeiCharged Per Pet$400
- Monthly Pet FeeiCharged Per Pet$35
Cat
Please call our Leasing Office for complete Pet Policy information.
Dog
Please call our Leasing Office for complete Pet Policy information.
No breed restrictions and use Pet Screening for all animals.
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Interior Features
- Windows

Map
- Shopping
- Colleges
- Grocery
- Medical
- Transportation

Map
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about PARK5 Luxury Townhomes
Where is PARK5 Luxury Townhomes located?
PARK5 Luxury Townhomes is located at 5 Parkway North Blvd, Deerfield, IL
What is the current rent range at PARK5 Luxury Townhomes?
1 Bedroom to 3 Bedroom Apartments at PARK5 Luxury Townhomes currently range from $3,500 to $6,500
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Renters Reviews and Ratings
Nearby Schools
Deerfield High School
Wilmot Elementary School
Charles J Caruso Middle School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from PARK5 Luxury Townhomes.
Big Box and Retail
Walgreens
Target
Colleges and Universities
College of Lake County - Southlake Campus
Groceries
Whole Foods
Jewel-Osco
Aldi
Hospitals
Military Bases
US Military Reservation Elk Grove
Shopping Centers
PARK5 Luxury Townhomes has 5 shopping centers within 1.9 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield Studio Apartments | $2,033 | $1,175 | $2,574 |
| Deerfield 1 Bedroom Apartments | $2,541 | $1,800 | $3,751 |
| Deerfield 2 Bedroom Apartments | $3,403 | $2,515 | $5,273 |
| Deerfield 3 Bedroom Apartments | $4,878 | $3,424 | $7,460 |

No breed restrictions and use Pet Screening for all animals.