Average Rent in Schaumburg, IL
What is the average rent in Schaumburg, IL?
The average listed apartment rent in Schaumburg, IL is $2,342 per month, as of November 14, 2026. This sample includes 126 priced apartments in 9 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 8, 2026 through November 14, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
9 apartment buildings, 126 units. Recorded asking prices and price history where available.
Browse apartments in Schaumburg, ILCheapest
$1,462/mo
The Grove at Schaumburg Apartments
Properties
9
tracked daily
Units
126
available now
Schaumburg, IL Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 9 properties in Schaumburg, IL.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Schaumburg, IL Rent Prices
All 9 properties ranked by lowest available rent.
North 680
680 E Algonquin Rd, Schaumburg, IL 60173, USA
Hoffman Hills Apartments
725 W Bode Cir, Hoffman Estates, IL 60169, USA
The Grove at Schaumburg Apartments
305 Cambia Dr, Schaumburg, IL 60193, USA
Orion Elk Grove
991 Charlela Ln, Elk Grove Village, IL 60007, USA
The Preserve at Woodfield
4700 Arbor Dr, Rolling Meadows, IL 60008, USA
21 Kristin Apartments
21 Kristin Dr, Schaumburg, IL 60195, USA
Willow Crossing
1031 Charlela Ln, Elk Grove Village, IL 60007, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | North 680 680 E Algonquin Rd, Schaumburg, IL 60173, USA | $1,000 as of Oct 13 | $1,000 | $0.88/ft² | 4 (72) | 1 |
| 2 | Hoffman Hills Apartments 725 W Bode Cir, Hoffman Estates, IL 60169, USA | $1,325 as of Oct 27 | $1,735 | $2.09/ft² | 3.7 (273) | 10 |
| 3 | The Grove at Schaumburg Apartments 305 Cambia Dr, Schaumburg, IL 60193, USA | $1,462 | $1,793 | $2.46/ft² | 4.2 (466) | 12 |
| 4 | Orion Elk Grove 991 Charlela Ln, Elk Grove Village, IL 60007, USA | $1,488 | $1,679 | $2.41/ft² | 3.5 (39) | 10 |
| 5 | The Preserve at Woodfield 4700 Arbor Dr, Rolling Meadows, IL 60008, USA | $1,505 | $1,887 | $1.79/ft² | 3.6 (737) | 23 |
| 6 | 21 Kristin Apartments 21 Kristin Dr, Schaumburg, IL 60195, USA | $1,569 | $1,882 | $2.15/ft² | 3.6 (170) | 22 |
| 7 | Willow Crossing 1031 Charlela Ln, Elk Grove Village, IL 60007, USA | $1,656 | $1,796 | $2.11/ft² | 4 (524) | 21 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
North 680
4 (72)680 E Algonquin Rd, Schaumburg, IL 60173, USA
Hoffman Hills Apartments
3.7 (273)725 W Bode Cir, Hoffman Estates, IL 60169, USA
The Grove at Schaumburg Apartments
4.2 (466)305 Cambia Dr, Schaumburg, IL 60193, USA
Orion Elk Grove
3.5 (39)991 Charlela Ln, Elk Grove Village, IL 60007, USA
The Preserve at Woodfield
3.6 (737)4700 Arbor Dr, Rolling Meadows, IL 60008, USA
21 Kristin Apartments
3.6 (170)21 Kristin Dr, Schaumburg, IL 60195, USA
By Area
Schaumburg, IL neighborhoods
Tracked buildings across 8 named neighborhoods. Pick one to see its apartments.
Schaumburg, IL Average Rent Prices 2026
The average listed rent in Schaumburg, IL is $2,342 per month, based on 126 units across 9 apartment communities. Prices range from $1,462 at The Grove at Schaumburg Apartments to $50,000 at Citypoint.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $2,575/mo | $1,462/mo | 63 |
| 2 Bed | $2,077/mo | $1,604/mo | 52 |
| 3 Bed | $2,258/mo | $1,967/mo | 11 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Schaumburg, IL, and what they pay
Tracked one-bedroom rent in Schaumburg, IL averages $2,575/mo , with two-bedroom units averaging $2,077/mo. At the local median household income of $94,690, that works out to 30% of gross income, near the 30 percent affordability ceiling.
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 32% 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
$94,000/year
Based on the 30 percent rule, using our tracked average rent of $2,342/mo.
Comfortable income
$112,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,462/mo), you need to earn at least $58,000/year.
Median household income in Schaumburg, IL is $94,690 , about 16% below 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 |
|---|---|
| Rent (market average) | $2,342 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,963/mo |
Population
76,780
Median household income
$94,690
Census median rent
$1,774/mo
Census rent burden
25.9%
Median age
39.7
Mean commute
28 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
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
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
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 | Properties |
|---|---|---|---|
| Chicago, IL | $3,104 | +33% | 36 |
| Aurora, IL | $2,095 | -11% | 15 |
| Naperville, IL | $2,433 | +4% | 12 |
| Rockford, IL | $1,330 | -43% | 12 |
| Evanston, IL | $3,269 | +40% | 11 |
| Peoria, IL | $1,433 | -39% | 11 |
Frequently asked questions
What is the average rent in Schaumburg, IL?
The average listed apartment rent in Schaumburg, IL is $2,342 per month, as of November 14, 2026. This sample includes 126 priced apartments in 9 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Schaumburg, IL?
The median asking rent in Schaumburg, IL is $1,840 per month, computed from 126 priced listings; check the observation dates shown on this page. The average is $2,342/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 $1,462 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Schaumburg, IL?
1-bedroom apartments in Schaumburg, IL average $2,575/mo. The lowest listed 1-bedroom starts at $1,462/mo across 63 units tracked.
How much is a 2-bedroom apartment in Schaumburg, IL?
2-bedroom apartments in Schaumburg, IL average $2,077/mo. Units start from $1,604/mo across 52 units currently listed.
Rent Trends in Schaumburg, IL
Track how apartment prices are changing over time.
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