Watermark at The Grove
2511 Watermark Ter,
Elgin, IL 60124
$1,925 - $2,795
1-2 Beds
Elgin
Elgin, IL Area Guide
A relaxing and tranquil Midwestern city on Lake Michigan
Midwest
•
Chicago
•
Fox River
•
Community
•
Located 35 miles northwest of Chicago along the Fox River, Elgin combines historical charm with modern appeal. The revitalized downtown area features preserved architecture now housing local restaurants and entertainment venues. The Grand Victoria Casino anchors the riverfront district, contributing to the area's economic vitality. The cityscape includes preserved Victorian and Queen Anne-style homes in historic districts alongside contemporary residential developments.
Elgin's parks and recreation system includes Lords Park, a 112-acre space home to American bison, while Wing Park features an 18-hole golf course and seasonal swimming pool. The Fox River Trail connects cyclists and pedestrians to the 4,200-acre Poplar Creek Forest Preserve. Cultural attractions include performances by the Elgin Symphony Orchestra at the Hemmens Cultural Center. The city's educational landscape features Elgin Community College, Judson University, and the historic Elgin Academy. The city's watchmaking legacy lives on through the Elgin-made clocks still operating in Chicago's Union Station, remnants of what was once the world's largest watch manufacturing facility.
Rent Trends
As of March 2026, the average apartment rent in Elgin, IL is $1,174 for a studio, $1,434 for one bedroom, $1,684 for two bedrooms, and $2,247 for three bedrooms. Apartment rent in Elgin has increased by 2.2% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,434/month
665 Sq Ft
House
$2,693/month
1,445 Sq Ft
Condo
$1,715/month
809 Sq Ft
Townhome
$2,657/month
1,359 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Elgin, IL is for everyday living.
Car-Dependent
42
/ 100
This area is considered a car-dependent area and most errands will require a car.
Some Transit
27
/ 100
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
48
/ 100
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Scores provided by Walk Score
Schools
Public
Grades PK-5
Public
Grades PK-5
Century Oaks Elementary School
Public
Grades PK-5
Public
Grades PK-5
Public
Grades K-5
Public
Grades 6-8
Public
Grades 6-8
Public
Grades 6-8
Public
Grades 6-8
Public
Grades 6-8
Public
Grades 9-12
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Hawthorne Hill Nature Center
- Tyler Creek Forest Preserve
- Elgin Public Museum
- Burnidge Forest Preserve
- Fitchie Creek Forest Preserve
Airports
- Chicago O'Hare International
- Chicago Midway International
Top Apartments in Elgin
Houses for Rent in Elgin
Property Management Companies in Elgin, IL
BH
-
292
Communities
-
85,901
Units
-
169
Cities
2 Communities in Elgin
Continental Properties Company
-
77
Communities
-
21,266
Units
-
64
Cities
2 Communities in Elgin
RPM
-
624
Communities
-
174,107
Units
-
248
Cities
1 Community in Elgin
Morgan Properties
-
391
Communities
-
108,446
Units
-
239
Cities
1 Community in Elgin
Fiduciary Real Estate Development
-
37
Communities
-
8,891
Units
-
23
Cities
1 Community in Elgin
Ludwig and Company
-
26
Communities
-
3,332
Units
-
22
Cities
1 Community in Elgin
Search Nearby Rentals
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.