Apartments for Rent in Schaumburg, IL

The best apartments in Schaumburg, IL are: Fieldpointe of Schaumburg, The Lakes of Schaumburg Apartment Homes, Versailles on the Lakes Schaumburg, Woodbury Place Apartments 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 $1,429 and $2,465.

The price range for a 1-bedroom apartment in Schaumburg, IL is between $1,494 and $6,241.

The price range for a 2-bedroom apartment in Schaumburg, IL is between $1,429 and $9,054.

The price range for a 3-bedroom apartment in Schaumburg, IL is between $1,429 and $3,734.

In Schaumburg 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 21% of Schaumburg's apartments are found in large buildings of 50 units or more, 72% are located in smaller apartment complexes with less than 50 units, and 6% are single-family rentals.

The average age of rental buildings in Schaumburg is 41 years old, with 10% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 93% are garden-style apartment communities, 19% are mid-sized buildings, and 15% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Schaumburg are around 3% of rentals, while 1-bedroom floor plans represent 52% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 43% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.