
Apartments for Rent in the Parkwood Neighborhood of Elgin, IL Under $2,000 (33 Rentals)


Fox River Crossing

River's Landing Apartments

Squire Village Apartments

Total Monthly Price
443 Jefferson Ave, Unit #4 - 1 bed 1 bath

265 Percy St, Unit 2N

116 College St, Unit Apt 2

438 Villa St, Unit 3
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.

420 Prospect Blvd, Unit 1 n

420 Prospect Blvd

118 Melbrooke Rd

1124 Lake Terrace Rd

82 Northshore Rd

1493 Keystone Ct

653 Jay St

1149 Bayside Rd
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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.

1143 Bayside Rd

418 St Charles St

318 North St

119 Tennyson Ct

292 Villa St

Alfamerica LLC-398 E Chicago St

278 Douglas Ave

Fox River Townhomes
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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.

WC Kimball

333 Raymond St

Elgin Tower Lofts

269 Douglas Ave

Westwind Tower

Elgin Artspace Lofts - For Artists Only

114 N Spring St

Roseanne Apartments
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.

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 | $1,025 | $1,025 | $1,025 |
| Parkwood 1 Bedroom Apartments | $1,397 | $826 | $1,635 |
| Parkwood 2 Bedroom Apartments | $1,771 | $967 | $2,800 |
| Parkwood 3 Bedroom Apartments | $2,737 | $1,650 | $3,100 |
| Parkwood 4 Bedroom Apartments | $8,753 | $1,482 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 33 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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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 $826 to $1,635 with an average monthly rent of $1,397.
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 $2,800. Today's average rental price for Two Bedrooms here is $1,771.
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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.