Watermark at The Grove
2511 Watermark Ter,
Elgin, IL 60124
$1,925 - $2,895
1-2 Beds
Northwest Elgin is a sprawling town spanning to the west of the Fox River about 50 miles west of Chicago. Residents enjoy modern amenities in town, including Advocate Sherman Hospital, as well as premier shopping and dining along McLean Boulevard and Randal Road. The other parts of Norwest Elgin feature residential areas with a variety of apartments for rent. Inside and outside of the neighborhood, outdoor recreation is abundant thanks to the Burnside Forest and parks and trails along Tyler Creek.
As of February 2026, the average apartment rent in Northwest Elgin is $715 for a studio, $1,745 for one bedroom, $2,004 for two bedrooms, and $2,150 for three bedrooms. Apartment rent in Northwest Elgin has increased by 0.1% in the past year.
Studio
0 sq ft
Average Sq Ft
$715/month
Average Rent
1 BR
732 sq ft
Average Sq Ft
$1,745/month
Average Rent
2 BR
1,081 sq ft
Average Sq Ft
$2,004/month
Average Rent
3 BR
1,350 sq ft
Average Sq Ft
$2,150/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
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.
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† 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.