
Luxury Apartments for Rent in the Parkwood Neighborhood of Elgin, IL (11 Rentals)
The most luxurious Apartments in the Parkwood area of Elgin with high-end amenities, features, and finishes.


Blackhawk Apartment Homes
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.

1269 Bradley Cir

806 N Shady Oaks Dr

805 Augusta Ave

1204 Frederick Ct

1344 Essex Dr

1775 Kelberg Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

5776 Chatham Dr

5919 Chatham Dr
Parkwood, Elgin, IL Local Guide

How much does it cost to rent an apartment in Parkwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkwood Studio Apartments | $1,025 | $1,025 | $1,025 |
Parkwood 1 Bedroom Apartments | $1,706 | $826 | $2,479 |
Parkwood 2 Bedroom Apartments | $2,062 | $967 | $3,100 |
Parkwood 3 Bedroom Apartments | $2,733 | $1,700 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Elgin, IL.
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Parkwood, Elgin, IL Local Guide
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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.
Pet Friendly LifestyleParkwood, Elgin, IL
Ranked #21
Among neighborhoods in Elgin, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Parkwood, Elgin, IL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Illinois including Parkwood, Elgin, and the greater Chicago area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Parkwood
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 $826 to $2,479 with an average monthly rent of $1,706.
What does renting a Two Bedroom Apartment in Parkwood cost?
The monthly rent prices of Two Bedroom Apartments currently available in Parkwood range from $967 to $3,100. Today's average rental price for Two Bedrooms here is $2,062.
How expensive are Parkwood Three Bedroom Apartments?
There are currently 17 Three Bedroom Apartments listings available in Parkwood on ApartmentHomeLiving.com. The pricing ranges from $1,700 to $3,500 - averaging $2,733 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.