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from $4801 to 2 Bedroom Apartments Available Now
Rockford Housing Authority
1000 Chamberlain StRockford, IL 61107
Cheap Apartments for Rent in the Palmwood Neighborhood of Rockford, IL from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palmwood area of Rockford.
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from $6001 to 3 Bedroom Apartments Available Now
Windsor Apartments
902 N Main StRockford, IL 61103
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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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from $7501 Bedroom Apartment Available Now
1226 N Main St, Unit 1226Apt4
1226 N Main StRockford, IL 61103
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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.
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Showing Results 1-10, Page 1 of 1
Palmwood, Rockford, IL Local Guide
How much does it cost to rent an apartment in Palmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmwood Studio Apartments | $1,150 | $1,150 | $1,150 |
| Palmwood 1 Bedroom Apartments | $1,031 | $480 | $1,575 |
| Palmwood 2 Bedroom Apartments | $1,396 | $480 | $2,385 |
| Palmwood 3 Bedroom Apartments | $1,742 | $1,100 | $3,150 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Palmwood Neighborhood of Rockford, IL.
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Palmwood, Rockford, IL Local Guide
- Nearby Rockford neighborhoods
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Cheapest Available Palmwood Apartments for Rent
The cheapest available apartment rental in the Palmwood area of Rockford, IL is a 2 Beds unit found at Rockford Housing Authority priced from $480. Windsor Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here are the most affordable Palmwood apartments for rent in Rockford, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Windsor Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $600 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
Best Value Apartments for Rent in Palmwood, IL
As of May 24, 2025 the best value apartment in the Palmwood area is the $1.10 price per square foot Avalon Model at Harbour East in the in the East Rockford neighborhood starting from $2,150. The second greatest value Palmwood apartment is the 3 bedroom 1.5 bath Model at Carlton Apartments starting at $1,100 with a $0.79 price per square foot in the North Rockford neighborhood. Here is today’s list of the best values for Palmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Harbour East | Avalon | 2BR,2.5BA | $1.10 |
| Carlton Apartments | 3 bedroom 1.5 bath | 3BR,1.5BA | $0.79 |
| 1118 9th Ave, Unit #1 | 1118 9th Ave | 2BR,1BA | $0.71 |
| Lakeland Apartments | 2br/1bth with Washer & Dryer | 2BR,1BA | $1.25 |
| Versailles Place Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.89 |
| Creekview Apartments | Newly Renovated 1BR | 1BR,1BA | $1.22 |
| Windsor Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $0.87 |
| 2908 Charles St, Unit B | 2908 Charles St | 2BR,1BA | $1.09 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePalmwood, Rockford, IL
Ranked #8
Among neighborhoods in Rockford, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Palmwood, Rockford, IL
Maud E Johnson Elementary School
Rockford School District 205
Public School - Grades K-5 (391)
5 out of 10
School data provided by Great Schools
Getting Around the Palmwood Neighborhood in Rockford, IL
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Cheap Palmwood Apartments
What is the price of a cheap apartment in Palmwood?
The cheapest apartment in Palmwood is Rockford Housing Authority which is listed at $480, while the average apartment in Palmwood costs $1,495.
What types of apartments are the cheapest in Palmwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Palmwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Palmwood?
Cheap apartments in Palmwood have an average cost of $162 which is $1,333 cheaper than the average rent for all rentals in Palmwood.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.