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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 $6851 Bedroom Apartment Available Now
1402 20th St, Unit Upper Unit
1402 20th StRockford, IL 61104
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from $7501 Bedroom Apartment Available Now
1226 N Main St, Unit 1226Apt4
1226 N Main StRockford, IL 61103
417 9th St
RockfordIL61104
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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 | $955 | $480 | $1,525 |
| Palmwood 2 Bedroom Apartments | $1,432 | $480 | $2,375 |
| Palmwood 3 Bedroom Apartments | $2,703 | $1,820 | $3,145 |
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.
See all Apartments in RockfordExplore Rockford
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. Roberts Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. 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 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
| Versailles Place Apartments | 1 bedroom 1 bath | 1BR,1BA | $730 |
Best Value Apartments for Rent in Palmwood, IL
As of April 10, 2025 the best value apartment in the Palmwood area is the $0.74 price per square foot 1118 9th Ave Model at 1118 9th Ave, Unit #1 in the in the Central Terrace neighborhood starting from $995. The second greatest value Palmwood apartment is the 1 bedroom Model at Burnham Lofts starting at $1,225 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1118 9th Ave, Unit #1 | 1118 9th Ave | 2BR,1BA | $0.74 |
| Burnham Lofts | 1 bedroom | 1BR,1BA | $1.23 |
| Versailles Place Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.89 |
| Lakeland Apartments | 2br/1bth with Washer & Dryer | 2BR,1BA | $1.22 |
| Creekview Apartments | Newly Renovated 1BR | 1BR,1BA | $1.14 |
| 2908 Charles St, Unit B | 2908 Charles St | 2BR,1BA | $1.09 |
| 1402 20th St, Unit Upper Unit | 1402 20th St | 1BR,1BA | $0.86 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| 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 |
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Pet Friendly LifestylePalmwood, Rockford, IL
Ranked #16
Among neighborhoods in Rockford, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Palmwood, Rockford, IL
Maud E Johnson Elementary School
Rockford School District 205
Public School - Grades K-5 (391)
3 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 $3,145.
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.
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.
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.
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.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.