Cheap Apartments for Rent in the Palmwood Neighborhood of Rockford, IL from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Palmwood area of Rockford.

property at 1616 13th Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

1616 13th Ave

RockfordIL61104

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Somerset Apartments
1 Bedroom Apartments

Somerset Apartments

1020 N Main StRockford, IL 61103
  • Utilities Included
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CREEKVIEW APARTMENTS
1 to 2 Bedroom Apartments

CREEKVIEW APARTMENTS

4878 Creekview RdRockford, IL 61108
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167 Flintridge Dr
1 Bedroom Apartments

167 Flintridge Dr

167 Flintridge DrRockford, IL 61107

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Crestview Manor
1 to 2 Bedroom Apartments

Crestview Manor

2319 Eastmoreland AveRockford, IL 61108
  • Utilities Included
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177 Flintridge Dr
1 Bedroom Apartments

177 Flintridge Dr

177 Flintridge DrRockford, IL 61107
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4424 Eastridge Dr
1 Bedroom Apartments

4424 Eastridge Dr

4424 Eastridge DrRockford, IL 61107
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4703 Turner St
Studio to 2 Bedroom Apartments

4703 Turner St

4703 Turner StRockford, IL 61107
  • Utilities Included

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130 Flintridge Dr
2 Bedroom Apartments

130 Flintridge Dr

130 Flintridge DrRockford, IL 61107
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Ridgeview Apartments
1 Bedroom Apartments

Ridgeview Apartments

331-335 Ridgeview AveRockford, IL 61107
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Midtown Lofts
Studio to 2 Bedroom Apartments

Midtown Lofts

401-413 7th StRockford, IL 61104
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Valkommen Plaza
1 to 2 Bedroom Apartments

Valkommen Plaza

310 7th StRockford, IL 61104
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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.

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Apple Orchard Townhomes
Studio to 3 Bedroom Apartments

Apple Orchard Townhomes

4555-4568 Apple Orchard LnRockford, IL 61108
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4175 Eastridge Dr
3 Bedroom Apartments

4175 Eastridge Dr

4175 Eastridge DrRockford, IL 61107

Palmwood, Rockford, IL Local Guide

Cheapest Available Palmwood Apartments for Rent

 

The cheapest available apartment rental in the Palmwood area of Rockford, IL is a 1 Bed unit found at Longwood Garden Apartments priced from $718. Versailles Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Palmwood apartments for rent in Rockford, IL:

Apartment ListingModel NameBed/BathPriced From
Longwood Garden Apartments1 Bedroom1BR,1BA$718
Versailles Place Apartments1 bedroom 1 bath1BR,1BA$775
Wesleyan Apartments2425-2505 Wesleyan Ave1BR,1BA$895
Immaculate Updated 1 Bedroom with 1 Bath1BR/1.0BA1BR,1BA$900
Carnaby Square ApartmentsSt Louis 1 Bed1BR,1BA$950
Creekview ApartmentsNewly Renovated 1BR1BR,1BA$995
**CREEKVIEW PROPERTIES**Garden2BR,1BA$1,000
1404 E State St Apartments1404 Nook1BR,1BA$1,195

Best Value Apartments for Rent in Palmwood, IL

As of May 20, 2026 the best value apartment in the Palmwood area is the $0.86 price per square foot 1 bedroom 1 bath Model at Versailles Place Apartments in the in the East Rockford neighborhood starting from $775. The second greatest value Palmwood apartment is the 1725 Remington Rd Model at 1725 Remington Rd, Unit Apartment #1 starting at $975 with a $1.13 price per square foot in the Rolling Green neighborhood. Here is today’s list of the best values for Palmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Versailles Place Apartments1 bedroom 1 bath1BR,1BA$0.86
1725 Remington Rd, Unit Apartment #11725 Remington Rd2BR,1BA$1.13
1416 E State St Apartments1416 2 Bed 2 Bath w/ Shower2BR,2BA$1.76
Creekview ApartmentsNewly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Carnaby Square ApartmentsSt Louis 1 Bed1BR,1BA$1.23
1617 12th Ave, Unit upper1617 12th Ave2BR,1BA$0.99
Immaculate Updated 1 Bedroom with 1 Bath1BR/1.0BA1BR,1BA$1.33
1404 E State St Apartments1404 Nook1BR,1BA$1.81
Wesleyan Apartments2425-2505 Wesleyan Ave1BR,1BA$1.49

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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Pet Friendly Lifestyle
Palmwood, Rockford, IL

Ranked #37

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Palmwood Apartments

How much is rent for a Cheap One Bedroom Palmwood Apartment?

The lowest price for a Cheap One Bedroom Palmwood Apartment is $718 at Longwood Garden Apartments.

What is the lowest price for a Cheap Two Bedroom Palmwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palmwood is starting from $850 at Longwood Garden Apartments.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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