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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 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palmwood area of Rockford.
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from $7501 Bedroom Apartment Available Now
1226 N Main St, Unit 1226Apt4
1226 N Main StRockford, IL 61103
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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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Showing Results 1-11, 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 1 Bedroom Apartments | $764 | $480 | $1,025 |
| Palmwood 2 Bedroom Apartments | $1,052 | $480 | $1,550 |
| Palmwood 3 Bedroom Apartments | $1,250 | $1,250 | $1,250 |
| Palmwood 4 Bedroom Apartments | $1,450 | $1,450 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 11 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. Versailles Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $815. 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 |
| Versailles Place Apartments | 2 bedroom 1 bath | 2BR,1BA | $815 |
| Immaculate 1 Bedroom Apartment | 1BR/1.0BA | 1BR,1BA | $850 |
| Creekview Apartments ::OPEN HOUSE:: | Newly Renovated 1BR | 1BR,1BA | $945 |
Best Value Apartments for Rent in Palmwood, IL
As of July 10, 2025 the best value apartment in the Palmwood area is the $0.71 price per square foot 1118 9th Ave Model at 1118 9th Ave, Unit #1 in the in the Central Terrace neighborhood starting from $960. The second greatest value Palmwood apartment is the 2 bedroom 2 bath balcony Model at Versailles Place Apartments starting at $835 with a $0.77 price per square foot in the East 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. |
|---|---|---|---|
| 1118 9th Ave, Unit #1 | 1118 9th Ave | 2BR,1BA | $0.71 |
| Versailles Place Apartments | 2 bedroom 2 bath balcony | 2BR,2BA | $0.77 |
| Carnaby Square Apartments | St Louis Ave - 2 Bedroom | 2BR,1BA | $1.25 |
| Creekview Apartments ::OPEN HOUSE:: | Newly Renovated 1BR | 1BR,1BA | $1.22 |
| 2908 Charles St, Unit B | 2908 Charles St | 2BR,1BA | $1.03 |
| ***CREEKVIEW PROPERTIES*** | Upper floor with dishwasher | 2BR,1BA | $1.31 |
| 1912 Charles St, Unit 2nd floor | 1912 Charles St | 2BR,1BA | $1.29 |
| Immaculate 1 Bedroom Apartment | 1BR/1.0BA | 1BR,1BA | $1.21 |
| 1226 N Main St, Unit 1226Apt4 | 1226 N Main St | 1BR,1BA | $1.25 |
| 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 #27
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
How much is rent for a Cheap One Bedroom Palmwood Apartment?
The lowest price for a Cheap One Bedroom Palmwood Apartment is $480 at Rockford Housing Authority.
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 $480 at Rockford Housing Authority.
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.
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.
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.