• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Arlington Heights Apartments For Rent
    • Aurora Apartments For Rent
    • Chicago Apartments For Rent
    • Chicago Lawn Apartments For Rent
    • Cicero Apartments For Rent
    • Des Plaines Apartments For Rent
    • Downers Grove Apartments For Rent
    • Evanston Apartments For Rent
    • Naperville Apartments For Rent
    • Oak Park Apartments For Rent
  • Houses For Rent
    • Arlington Heights Houses For Rent
    • Aurora Houses For Rent
    • Chicago Houses For Rent
    • Evanston Houses For Rent
    • Gary Houses For Rent
    • Joliet Houses For Rent
    • Naperville Houses For Rent
    • Oak Park Houses For Rent
    • Plainfield Houses For Rent
    • Schaumburg 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
    • Palatine Condos For Rent
  • Townhomes For Rent
    • Aurora Townhomes For Rent
    • Chicago Townhomes For Rent
    • Glen Ellyn Townhomes For Rent
    • Hanover Park Townhomes For Rent
    • Hoffman Estates Townhomes For Rent
    • Mundelein 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?

$1,835/month

Average Rent

739 Sq Ft

Average Apartment Size

+3%

Increase in the Last Year

As of September 2025, the average rent in Schaumburg, IL is $1,835 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Schaumburg rent prices are 12% higher than the national average. When you rent an apartment in Schaumburg, you can expect to pay about $1,607 per month for a studio, $1,835 for a one-bedroom apartment, and around $2,193 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,576 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,607/month
517 Sq Ft
One Bedroom
$1,835/month
739 Sq Ft
Two Bedroom
$2,193/month
1,014 Sq Ft
Three Bedroom
$2,576/month
1,242 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,142/month
1,089 Sq Ft
Three Bedroom
$3,279/month
1,439 Sq Ft
Four Bedroom
$3,760/month
2,128 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,107/month
748 Sq Ft
Two Bedroom
$2,351/month
1,035 Sq Ft
Three Bedroom
$2,550/month
1,480 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,417/month
1,229 Sq Ft
Three Bedroom
$2,860/month
1,277 Sq Ft

How much has average rent changed in Schaumburg, IL?

In the past year, rent has increased by 3%, which averages out to $55 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Schaumburg, IL
Last Updated September 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, The Lakes, Far Northwest Suburban Cook and Lexington Green are the most affordable neighborhoods in Schaumburg.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Lakes
$1,889/month
632 Sq Ft
Far Northwest Suburban Cook
$1,927/month
768 Sq Ft
Lexington Green
$2,067/month
710 Sq Ft
Autumn Ridge
$2,083/month
715 Sq Ft
Park Meadows
$2,109/month
721 Sq Ft

What are the most expensive neighborhoods in Schaumburg?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Park Meadows
$2,109/month
721 Sq Ft
Autumn Ridge
$2,083/month
715 Sq Ft
Lexington Green
$2,067/month
710 Sq Ft
Far Northwest Suburban Cook
$1,927/month
768 Sq Ft
The Lakes
$1,889/month
632 Sq Ft

Which Schaumburg neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Far Northwest Suburban Cook
$1,927/month
768 Sq Ft
Park Meadows
$2,109/month
721 Sq Ft
Autumn Ridge
$2,083/month
715 Sq Ft
The Lakes
$1,889/month
632 Sq Ft
Lexington Green
$2,067/month
710 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 $1,835, you’ll want to make about $6,116 per month or $73,392 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

887 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

The Lakes

Schaumburg, IL

Park Meadows

Schaumburg, IL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
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

$1,805 - $4,115

Studio - 3 Beds

The Quin

The Quin

2450 Plum Grove Rd,
Schaumburg, IL 60173

$2,125 - $3,830

1-2 Beds

21 Kristin

21 Kristin

21 Kristin Dr,
Schaumburg, IL 60195

$1,429 - $4,219

1-3 Beds

Village in the Park Apartments

Village in the Park Apartments

1417 Valley Lake Dr,
Schaumburg, IL 60195

$1,410 - $2,190

Studio - 2 Beds

Property Management Companies in Schaumburg, IL

RMK Management
RMK Management
  • 29

    Communities

  • 7,202

    Units

  • 19

    Cities

2 Communities in Schaumburg
The Finger Companies
The Finger Companies
  • 13

    Communities

  • 4,692

    Units

  • 3

    Cities

2 Communities in Schaumburg
RPM
RPM
  • 613

    Communities

  • 165,012

    Units

  • 240

    Cities

1 Community in Schaumburg
Morgan Properties
Morgan Properties
  • 327

    Communities

  • 98,339

    Units

  • 200

    Cities

1 Community in Schaumburg
BH
BH
  • 339

    Communities

  • 96,186

    Units

  • 195

    Cities

1 Community in Schaumburg
Blackstone
Blackstone
  • 158

    Communities

  • 50,975

    Units

  • 105

    Cities

1 Community in Schaumburg
Trinity Property Consultants
Trinity Property Consultants
  • 164

    Communities

  • 43,713

    Units

  • 98

    Cities

1 Community in Schaumburg
Village Green
Village Green
  • 166

    Communities

  • 34,575

    Units

  • 97

    Cities

1 Community in Schaumburg

Learn More with Helpful Articles

Tips for Finding an Apartment in a New City

Concrete jungle or small-town suburb? Your new home awaits.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Everything You Need To Know About Self-Guided Apartment Tours

Explore great finds on your own time.

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 September 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