Apartments for Rent in the Parkwood Neighborhood of Elgin, IL (123 Rentals)

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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property at 119 Tennyson Ct

$1,400 - $1,500

1 To 2 Bedroom Rentals

Available Now

119 Tennyson Ct

ElginIL60120

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 920 Fairfax Ct

$3,500

Total Monthly Price

Total Monthly Price

Base Rent
$3,500
Total Monthly Price
$3,500

4 Bedroom, 3 Bath Home for Rent

Available Now

920 Fairfax Ct

ElginIL60120
property at 8 N State St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

3 Bedroom, 1 Bath Condo for Rent

Available Now

8 N State St, Unit UPPER

8 N State St
ElginIL60123
property at 17 S Channing St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

17 S Channing St, Unit 3

17 S Channing St
ElginIL60120
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278 Douglas Ave
1 Bedroom Apartments

278 Douglas Ave

278 Douglas AveElgin, IL 60120
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851 Bode Rd
Studio Apartments

851 Bode Rd

851 Bode RdElgin, IL 60120
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841 Bode Rd
1 to 2 Bedroom Apartments

841 Bode Rd

841 Bode RdElgin, IL 60120

Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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821 Bode Rd
1 Bedroom Apartments

821 Bode Rd

821 Bode RdElgin, IL 60120
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1114 Ash Dr
1 to 2 Bedroom Apartments

1114 Ash Dr

1114 Ash DrElgin, IL 60120
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1136 Ash Dr
1 Bedroom Apartments

1136 Ash Dr

1136 Ash DrElgin, IL 60120
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700 Bode Rd
2 Bedroom Apartments

700 Bode Rd

700 Bode RdElgin, IL 60120
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Kennington Square
2 Bedroom Apartments

Kennington Square

100-1810 Kenneth CirElgin, IL 60120
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859 Jefferson Ave
1 to 2 Bedroom Apartments

859 Jefferson Ave

859 Jefferson AveElgin, IL 60120
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655 Chippewa Dr
1 to 2 Bedroom Apartments

655 Chippewa Dr

655 Chippewa DrElgin, IL 60120
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591 Hiawatha Dr
1 Bedroom Apartments

591 Hiawatha Dr

591 Hiawatha DrElgin, IL 60120

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 3

Parkwood, Elgin, IL Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Parkwood, Elgin, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northwestern Chicago, IL. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, places that make kids happy, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Parkwood

What is the current pricing and availability for apartments for rent in the Parkwood area of Elgin, IL?

As of today, August 25, 2026, there are currently 123 available Parkwood apartments priced from $850 to $3,400, with an average monthly rent of $1,727.

What is the current price range for One Bedroom Parkwood Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Parkwood ranges from $962 to $1,695 with an average monthly rent of $1,516.

What does renting a Two Bedroom Apartment in Parkwood cost?

The monthly rent prices of Two Bedroom Apartments currently available in Parkwood range from $1,156 to $2,800. Today's average rental price for Two Bedrooms here is $1,876.

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.

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