Luxury Apartments for Rent in the Parkwood Neighborhood of Elgin, IL (5 Rentals)

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The most luxurious Apartments in the Parkwood area of Elgin with high-end amenities, features, and finishes.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Parkwood, Elgin, IL Local Guide

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Pet Friendly Lifestyle
Parkwood, Elgin, IL

Ranked #10

Among neighborhoods in Elgin, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Parkwood, Elgin, IL

School data provided by Great Schools

Best Local Schools in
Parkwood, Elgin, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Illinois including Parkwood, Elgin, and the greater Chicago area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

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 $2,666 with an average monthly rent of $1,759.

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 $3,145. Today's average rental price for Two Bedrooms here is $2,180.

How expensive are Parkwood Three Bedroom Apartments?

There are currently 19 Three Bedroom Apartments listings available in Parkwood on ApartmentHomeLiving.com. The pricing ranges from $2,000 to $3,500 - averaging $2,736 for the location.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.