2425 Wesleyan Ave
RockfordIL61108
Cheap Homes for Rent in Palmwood Neighborhood of Rockford, IL from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Palmwood area of Rockford.
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907 14th St
RockfordIL61104
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.
314 N Longwood St
RockfordIL61107
3108 Charles St
RockfordIL61108
1661 5th Ave
RockfordIL61104
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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Palmwood, Rockford, IL Local Guide
How much does it cost to rent a home in Palmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmwood 2 Bedroom Homes for Rent | $1,207 | $1,000 | $1,450 |
| Palmwood 3 Bedroom Homes for Rent | $1,491 | $1,295 | $1,850 |
| Palmwood 4 Bedroom Homes for Rent | $1,950 | $1,500 | $2,400 |
| Palmwood 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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 $805. 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 | $805 |
| Creekview Apartments ::OPEN HOUSE:: | Newly Renovated 1BR | 1BR,1BA | $945 |
Best Value Apartments for Rent in Palmwood, IL
As of June 26, 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 1 bath Model at Versailles Place Apartments starting at $805 with a $0.89 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 1 bath | 2BR,1BA | $0.89 |
| Lakeland Apartments ::OPEN HOUSE:: | 2br/1bth with Washer & Dryer | 2BR,1BA | $1.25 |
| 604 St Louis Ave | 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 |
| 1226 N Main St, Unit 1226Apt4 | 1226 N Main St | 1BR,1BA | $1.25 |
| 220 N 4th St, Unit #2 | 220 N 4th St | 1BR,1BA | $1.17 |
| 515 Hill St, Unit 1 | 515 Hill St | 1BR,1BA | $1.00 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
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Frequently Asked Questions about Palmwood
What type of rentals are currently available in Palmwood?
There are currently 109 Apartments for Rent in Palmwood, IL with pricing that ranges from $480 to $1,550. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmwood ranging from $825 to $5,000.
What is the current price range for Rental Homes in Palmwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmwood ranges from $825 to $5,000 with an average monthly rent of $2,094.
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.