• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Arlington Heights Apartments For Rent
    • Aurora Apartments For Rent
    • Berwyn Apartments For Rent
    • Chicago Apartments For Rent
    • Cicero Apartments For Rent
    • Des Plaines Apartments For Rent
    • Downers Grove Apartments For Rent
    • Evanston Apartments For Rent
    • Forest Park Apartments For Rent
    • Naperville Apartments For Rent
  • Houses For Rent
    • Aurora Houses For Rent
    • Berwyn Houses For Rent
    • Chicago Houses For Rent
    • Evanston Houses For Rent
    • Gary Houses For Rent
    • Hoffman Estates Houses For Rent
    • Joliet Houses For Rent
    • Naperville Houses For Rent
    • Niles Houses For Rent
    • Oak Park Houses For Rent
  • Condos For Rent
    • Arlington Heights Condos For Rent
    • Aurora Condos For Rent
    • Chicago Condos For Rent
    • Des Plaines Condos For Rent
    • Elk Grove Village Condos For Rent
    • Evanston Condos For Rent
    • Highland Park Condos For Rent
    • Naperville Condos For Rent
    • Oak Park Condos For Rent
    • Park Ridge Condos For Rent
  • Townhomes For Rent
    • Aurora Townhomes For Rent
    • Buffalo Grove Townhomes For Rent
    • Chicago Townhomes For Rent
    • Elgin Townhomes For Rent
    • Hoffman Estates Townhomes For Rent
    • Montgomery Townhomes For Rent
    • Naperville Townhomes For Rent
    • Oak Park Townhomes For Rent
    • Oswego Townhomes For Rent
    • Plainfield Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Schaumburg, IL

What is the average rent in Schaumburg, IL?

$1,814/month

Average Rent

739 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

As of June 2025, the average rent in Schaumburg, IL is $1,814 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Schaumburg rent prices are 11% higher than the national average. When you rent an apartment in Schaumburg, you can expect to pay about $1,574 per month for a studio, $1,814 for a one-bedroom apartment, and around $2,188 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,459 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,574/month
517 Sq Ft
One Bedroom
$1,814/month
739 Sq Ft
Two Bedroom
$2,188/month
1,013 Sq Ft
Three Bedroom
$2,459/month
1,227 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,328/month
889 Sq Ft
Three Bedroom
$3,478/month
1,475 Sq Ft
Four Bedroom
$3,517/month
2,142 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,972/month
760 Sq Ft
Two Bedroom
$2,156/month
974 Sq Ft
Three Bedroom
$2,579/month
971 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,442/month
1,155 Sq Ft
Three Bedroom
$2,743/month
1,386 Sq Ft

How much has average rent changed in Schaumburg, IL?

In the past year, rent has increased by 2.5%, which averages out to $47 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Schaumburg, IL
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Schaumburg, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
50% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Schaumburg?

Based on current rent prices, Far Northwest Suburban Cook, Lexington Green and Park Meadows are the most affordable neighborhoods in Schaumburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Far Northwest Suburban Cook
$1,962/month
768 Sq Ft
Lexington Green
$2,080/month
726 Sq Ft
Park Meadows
$2,101/month
726 Sq Ft
Autumn Ridge
$2,108/month
725 Sq Ft
The Lakes
$2,185/month
614 Sq Ft

What are the most expensive neighborhoods in Schaumburg?

Based on current rent prices, The Lakes, Autumn Ridge and Park Meadows are the most expensive neighborhoods in Schaumburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Lakes
$2,185/month
614 Sq Ft
Autumn Ridge
$2,108/month
725 Sq Ft
Park Meadows
$2,101/month
726 Sq Ft
Lexington Green
$2,080/month
726 Sq Ft
Far Northwest Suburban Cook
$1,962/month
768 Sq Ft

Which Schaumburg neighborhoods have the most rentals available?

The neighborhoods in Schaumburg with the most apartments available are Far Northwest Suburban Cook, The Lakes and Park Meadows .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Far Northwest Suburban Cook
$1,962/month
768 Sq Ft
The Lakes
$2,185/month
614 Sq Ft
Park Meadows
$2,101/month
726 Sq Ft
Autumn Ridge
$2,108/month
725 Sq Ft
Lexington Green
$2,080/month
726 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Schaumburg, IL?

Because the average rent in Schaumburg is $1,814, you’ll want to make about $6,046 per month or $72,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Schaumburg, IL

778 Available Apartments for Rent

Search for Nearby Apartments

How does Schaumburg, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Schaumburg, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Schaumburg, IL

Apartment Averages

Far Northwest Suburban Cook

Schaumburg, IL

The Lakes

Schaumburg, IL

Studio
$1,482/month
-
One Bedroom
$1,724/month
-
Two Bedroom
$1,987/month
-
Three Bedroom
$2,477/month
-
Search
Search

Nearby City Rent Trends

  • Roselle Average Rent
  • Hoffman Estates Average Rent
  • Rolling Meadows Average Rent
  • Hanover Park Average Rent
  • Streamwood Average Rent
  • Elk Grove Village Average Rent

Apartment communities in Schaumburg we think you'll love

Seasons at Hoffman Estates

Seasons at Hoffman Estates

1800 Autumn Dr,
Hoffman Estates, IL 60169

Studio - 3 Beds | $1,795 - $3,395

Village in the Park Apartments

Village in the Park Apartments

1417 Valley Lake Dr,
Schaumburg, IL 60195

Studio - 2 Beds | $1,380 - $2,210

The Quin

The Quin

2450 Plum Grove Rd,
Schaumburg, IL 60173

1-2 Beds | $2,125 - $3,830

21 Kristin

21 Kristin

21 Kristin Dr,
Schaumburg, IL 60195

1-3 Beds | $1,619 - $6,949

Property Management Companies in Schaumburg, IL

RMK Management
RMK Management
  • 29

    Communities

  • 7,023

    Units

  • 19

    Cities

2 Communities in Schaumburg
The Finger Companies
The Finger Companies
  • 12

    Communities

  • 4,505

    Units

  • 3

    Cities

2 Communities in Schaumburg
RPM
RPM
  • 604

    Communities

  • 160,180

    Units

  • 237

    Cities

1 Community in Schaumburg
Morgan Properties
Morgan Properties
  • 325

    Communities

  • 97,635

    Units

  • 199

    Cities

1 Community in Schaumburg
BH
BH
  • 333

    Communities

  • 93,080

    Units

  • 199

    Cities

1 Community in Schaumburg
Village Green
Village Green
  • 175

    Communities

  • 37,451

    Units

  • 103

    Cities

1 Community in Schaumburg
Trinity Property Consultants
Trinity Property Consultants
  • 158

    Communities

  • 43,087

    Units

  • 98

    Cities

1 Community in Schaumburg
AIR Communities
AIR Communities
  • 102

    Communities

  • 35,073

    Units

  • 60

    Cities

1 Community in Schaumburg

Learn More with Helpful Articles

When Is the Best Time to Move?

The pros and cons of moving during each season.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Illinois Schaumburg Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Long Island Apartments
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity