Watermark at The Grove
2511 Watermark Ter,
Elgin, IL 60124
$1,799 - $2,795 | 1-2 Beds
Located 40 miles northwest of Chicago, the towns of Elgin and Dundee sit along the Fox River in northern Illinois. Separating the adjacent towns to the north and south, Interstate 90 runs directly into downtown Chicago.
Residents of Elgin and Dundee enjoy a great quality of life. Within their neighborhoods, they have access to a number of cultural, historical and artistic activities, while many more are just a short distance away in Chicago. Dining and shopping opportunities remain plentiful as well. These neighborhoods maintain great safety levels with good schools. Elgin and Dundee represent suburban living at its finest.
As of March 2025, the average apartment rent in Elgin/Dundee is $1,563 for a studio, $1,625 for one bedroom, $1,987 for two bedrooms, and $2,712 for three bedrooms. Apartment rent in Elgin/Dundee has increased by 6.2% in the past year.
Studio
623 sq ft
Average Sq Ft
$1,563/month
Average Rent
1 BR
758 sq ft
Average Sq Ft
$1,625/month
Average Rent
2 BR
1,040 sq ft
Average Sq Ft
$1,987/month
Average Rent
3 BR
1,254 sq ft
Average Sq Ft
$2,712/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.
Minimal 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 2025.