Apartments for Rent in Schaumburg, IL

Prices and availability in Schaumburg, IL were last updated on 6 Oct 2026.

The best apartments in Schaumburg, IL are: Fieldpointe of Schaumburg, Versailles on the Lakes Schaumburg, Woodbury Place Apartments, 131 Crestwood Ct, #02 and Savannah Trace Apartments.

The average rent in Schaumburg, IL is $1,951.

The price range for a studio apartment in Schaumburg, IL is between $1,711 and $2,464.

The price range for a 1-bedroom apartment in Schaumburg, IL is between $1,624 and $6,324.

The price range for a 2-bedroom apartment in Schaumburg, IL is between $1,800 and $8,026.

The price range for a 3-bedroom apartment in Schaumburg, IL is between $1,718 and $4,044.

In Schaumburg, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 21% of Schaumburg's rentals, 72% are small-scale complexes with under 50 units, and 6% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Schaumburg are about 41 years old, on average. Of these, 10% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 93% of the rental communities here are low-rise, garden-style communities, 19% are mid-rises, and 15% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Schaumburg come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 52% of the total apartments in the city, while 2-bedroom floorplans represent around 43% of all rentals in Schaumburg. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.