Schaumburg

Kids posing for a photo taken by their mother in front of Lego store.
Retail options near Olde Schaumburg include Ikea.
Take a lunch break from the abundant shopping options at Woodfield Mall, near Olde Schaumburg.
A resident of Busse Woods uses a boat ramp to start their adventure on Busse Lake.
Chicagoland Radio Control Modelers Club members test out their planes at Busse Woods.

Schaumburg, IL Area Guide

Northwestern Chicago suburb with small-town community and big-city convenience

Suburban Scenic Peaceful Commuter Convenient

Located 28 miles northwest of Chicago's Loop, Schaumburg offers renters a suburban setting with easy access to city amenities. The community features rental options throughout various neighborhoods, including Weathersfield and the area surrounding Woodfield Mall. One-bedroom apartments in Schaumburg average $1,809 per month, while two-bedroom units typically rent for $2,155.

Outdoor recreation opportunities abound at Spring Valley Nature Center, where visitors can explore 135 acres of trails and natural habitats. The community serves as a commercial center, anchored by Woodfield Mall, one of the state's largest shopping destinations, and the Renaissance Schaumburg Convention Center. The village's German heritage dates back to its early settlers, who named the area after Schaumburg-Lippe, Germany. Today, the area continues to grow, hosting corporate headquarters for companies like Zurich North America and Motorola Solutions.

Explore the City

Take a lunch break from the abundant shopping options at Woodfield Mall, near Olde Schaumburg.

A resident of Busse Woods uses a boat ramp to start their adventure on Busse Lake.

Chicagoland Radio Control Modelers Club members test out their planes at Busse Woods.

Rent Trends

As of March 2026, the average apartment rent in Schaumburg, IL is $1,594 for a studio, $1,843 for one bedroom, $2,160 for two bedrooms, and $2,414 for three bedrooms. Apartment rent in Schaumburg has increased by 2.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,843/month
739 Sq Ft
House
$2,808/month
1,200 Sq Ft
Condo
$2,086/month
995 Sq Ft
Townhome
$2,574/month
1,284 Sq Ft
See Rental Market Trends in Schaumburg, IL

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Schaumburg, IL is for everyday living.

Somewhat Walkable

52 / 100

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

Minimal Transit

1 / 100

You'll likely want a car when living in this area since it has few transit options.

Very Bikeable

69 / 100

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Schools

Schaumburg High School

Public

Grades 9-12

Points of Interest

Parks and Recreation

  • Northern Illinois Raptor Center
  • Spring Valley and Vera Meineke Nature Center
  • Ned Brown / Busse Woods Preserve
  • Meacham Grove Forest Preserve
  • Busse Lake / Busse Woods South

Airports

  • Chicago O'Hare International
  • Chicago Midway International

Top Apartments in Schaumburg

Houses for Rent in Schaumburg

Property Management Companies in Schaumburg, IL

Search Nearby Rentals

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.