#	Property	From	Avg	$/sqft	Rating	Units
1	North 680 680 E Algonquin Rd, Schaumburg, IL 60173, USA	$1,000	$1,000	$0.88	4 (72)	2
2	Citypoint 25 Main St, Roselle, IL 60172, USA	$1,290	$1,835	$0.62	4.6 (18)	2
3	Hoffman Hills Apartments 725 W Bode Cir, Hoffman Estates, IL 60169, USA	$1,370	$1,672	$2.15	3.7 (273)	33
4	The Preserve at Woodfield 4700 Arbor Dr, Rolling Meadows, IL 60008, USA	$1,440	$1,856	$1.86	3.6 (737)	5
5	Orion Elk Grove 991 Charlela Ln, Elk Grove Village, IL 60007, USA	$1,453	$1,910	$2.61	3.5 (39)	4
6	21 Kristin Apartments 21 Kristin Dr, Schaumburg, IL 60195, USA	$1,509	$2,062	$2.18	3.6 (170)	19
7	Willow Crossing 1031 Charlela Ln, Elk Grove Village, IL 60007, USA	$1,522	$1,716	$2.05	4 (524)	25
8	The Lakes of Schaumburg Apartment Homes 801 Belinder Ln, Schaumburg, IL 60173, USA	$1,565	$1,833	$2.61	3.4 (175)	29
9	The Grove at Schaumburg Apartments 305 Cambia Dr, Schaumburg, IL 60193, USA	$1,619	$1,765	$2.34	4.2 (466)	23
10	The Residences at Hamilton Lakes 1133 N Arlington Heights Rd, Itasca, IL 60143, USA	$1,666	$2,281	$2.31	4.3 (233)	26
11	The Quin Schaumburg Apartments 2450 Plum Grove Rd, Schaumburg, IL 60173, USA	$2,325	$2,714	$3.13	4.3 (50)	19
12	Apartment Solutions Inc 120 W Golf Rd UNIT 108, Schaumburg, IL 60195, USA	$2,550 as of Aug 6	$2,550	$1.00	4.7 (43)	1
13	Village Green of Schaumburg 880 Hadley Run Ln, Schaumburg, IL 60173, USA	$2,789	$2,804	$3.33	4.1 (72)	3

Rent & Price History by Building

North 680

4 (72)

680 E Algonquin Rd, Schaumburg, IL 60173, USA

From $1,000/mo

2 units

Citypoint

4.6 (18)

25 Main St, Roselle, IL 60172, USA

From $1,290/mo

2 units

Hoffman Hills Apartments

3.7 (273)

725 W Bode Cir, Hoffman Estates, IL 60169, USA

From $1,370/mo

33 units

The Preserve at Woodfield

3.6 (737)

4700 Arbor Dr, Rolling Meadows, IL 60008, USA

From $1,440/mo

5 units

Orion Elk Grove

3.5 (39)

991 Charlela Ln, Elk Grove Village, IL 60007, USA

From $1,453/mo

4 units

21 Kristin Apartments

3.6 (170)

21 Kristin Dr, Schaumburg, IL 60195, USA

From $1,509/mo

19 units

Browse all 13 Schaumburg, IL apartments with filters

By Area

Schaumburg, IL neighborhoods

Tracked buildings across 8 named neighborhoods. Pick one to see its apartments.

Schaumburg 60173 4 Elk Grove Village 60007 2 Schaumburg 60195 2 Hoffman Estates 60169 1 Itasca 60143 1 Rolling Meadows 60008 1 Roselle 60172 1 Schaumburg 60193 1

Compare neighborhood rents on the Schaumburg, IL rent map

Schaumburg, IL Average Rent Prices 2026

The average rent in Schaumburg, IL is $1,963 per month, based on 190 units across 13 apartment communities. Prices range from $1,000 at North 680 to $3,313 at The Residences at Hamilton Lakes.

Average Rent by Bedroom Type

Type	Avg Rent	Starting From	Units
Studio	$2,100/mo	$1,000/mo	23
1 Bed	$1,844/mo	$1,440/mo	90
2 Bed	$1,999/mo	$1,000/mo	66
3 Bed	$2,546/mo	$2,021/mo	10
4 Bed	$1,290/mo	$1,290/mo	1

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Paste this where you want the live widget. Free to use with the attribution link.

<iframe src="https://average-rent.com/embed/schaumburg-il" width="340" height="200" style="border:0;max-width:100%" loading="lazy" title="Schaumburg, IL median rent | Average Rent"></iframe>
<p style="font:12px/1.4 system-ui,sans-serif;margin:6px 0 0"><a href="https://average-rent.com/city/schaumburg-il/">Schaumburg, IL rent data by Average Rent</a></p>

Preview

Market Context

Who rents in Schaumburg, IL, and what they pay

Tracked one-bedroom rent in Schaumburg, IL averages $1,844/mo, with two-bedroom units averaging $1,999/mo. At the local median household income of $94,690, that works out to 25% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Schaumburg, IL at $1,774/mo. The current tracked market average runs 11% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Schaumburg, IL while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Chicago

Demand in the Chicago rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

Motorola Solutions
Zurich Insurance

Mean one-way commute in Schaumburg, IL is 28 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$79,000/year

Based on the 30 percent rule, using our tracked average rent of $1,963/mo.

Comfortable income

$94,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,000/mo), you need to earn at least $40,000/year.

Median household income in Schaumburg, IL is $94,690 , about 0% above the comfortable-living threshold.

Cost of living in Schaumburg, IL

Overall prices in Schaumburg, IL runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Schaumburg, IL's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,963	daily refresh
Utilities	$477	BLS × BEA RPP
Groceries	$563	BLS × BEA RPP
Transportation	$1,138	BLS × BEA RPP
Healthcare	$555	BLS × BEA RPP
Other goods and services	$888	BLS × BEA RPP
Estimated total	$5,584/mo	$67,013/year

Population

76,780

Median household income

$94,690

Census median rent

$1,774/mo

Rent as % of income

25.9%

Median age

39.7

Mean commute

28 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Illinois

How Schaumburg, IL rent compares to other markets in the state.

City	Avg Rent	vs Schaumburg, IL	30-Day Change	Properties
Chicago, IL	$2,996	+53%	+0.6%	38
Aurora, IL	$2,201	+12%	-0.1%	14
Evanston, IL	$2,722	+39%	+8%	11
Rockford, IL	$1,289	-34%	+1.7%	11
Springfield, IL	$1,270	-35%	-3.3%	11
Arlington Heights, IL	$2,435	+24%	-1.1%	10

Frequently asked questions

What is the average rent in Schaumburg, IL?

The average rent in Schaumburg, IL is $1,963 per month, based on 190 units across 13 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Schaumburg, IL?

The median asking rent in Schaumburg, IL is $1,839 per month, computed from 190 live listed units and refreshed daily. The average is $1,963/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Schaumburg, IL?

The lowest available rent in Schaumburg, IL starts at $1,000 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Schaumburg, IL?

1-bedroom apartments in Schaumburg, IL average $1,844/mo. The lowest listed 1-bedroom starts at $1,440/mo across 90 units tracked.

How much is a 2-bedroom apartment in Schaumburg, IL?

2-bedroom apartments in Schaumburg, IL average $1,999/mo. Units start from $1,000/mo across 66 units currently listed.

Rent Trends in Schaumburg, IL

Track how apartment prices are changing over time.

View Rent Trends

Adding new buildings daily

Missing your neighborhood?

Tell us where you're looking. We'll start tracking prices within 24 hours.

Get Started

Average Rent in Schaumburg, IL

Rent Price Breakdown

Average rent trend, last 2 months

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Schaumburg, IL Rent Prices