
Apartments for Rent in the Parkwood Neighborhood of Elgin, IL Under $2,000 (29 Rentals)


Fox River Crossing

River's Landing Apartments

Squire Village Apartments

314 E Chicago St, Unit 9

119 Tennyson Ct

608-610 Cooper Ave
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

420 Prospect Blvd

118 Melbrooke Rd

1124 Lake Terrace Rd

1116 Candlewood Rd

82 Northshore Rd

1493 Keystone Ct

1149 Bayside Rd
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.

1143 Bayside Rd

418 St Charles St

645 Slade Ave

Alfamerica LLC-398 E Chicago St

278 Douglas Ave

Fox River Townhomes

WC Kimball
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.

333 Raymond St

Westwind Tower

Elgin Tower Lofts

269 Douglas Ave

Elgin Artspace Lofts - For Artists Only

114 N Spring St

Roseanne Apartments
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.

Regency Apartments
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 | $937 | $850 | $1,025 |
| Parkwood 1 Bedroom Apartments | $1,506 | $962 | $1,700 |
| Parkwood 2 Bedroom Apartments | $1,868 | $1,156 | $2,800 |
| Parkwood 3 Bedroom Apartments | $2,623 | $1,334 | $3,100 |
| Parkwood 4 Bedroom Apartments | $2,501 | $1,482 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Elgin, IL.
See all Apartments in ElginExplore Elgin
Parkwood, Elgin, IL Local Guide
- Nearby Elgin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleQuick 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.
Best Local Schools in Parkwood, Elgin, IL
School data provided by Great Schools
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 $962 to $1,700 with an average monthly rent of $1,506.
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 $1,868.
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.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.