Apartments for Rent in Schaumburg, IL

Prices and availability in Schaumburg, IL were last updated on 8 Sep 2026.

The best apartments in Schaumburg, IL are: Fieldpointe of Schaumburg, Versailles on the Lakes Schaumburg, Woodbury Place Apartments, Savannah Trace Apartments and The Lakes of Schaumburg Apartment Homes.

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

The price range for a studio apartment in Schaumburg, IL is between $1,390 and $2,472.

The price range for a 1-bedroom apartment in Schaumburg, IL is between $1,490 and $6,835.

The price range for a 2-bedroom apartment in Schaumburg, IL is between $1,650 and $7,938.

The price range for a 3-bedroom apartment in Schaumburg, IL is between $1,632 and $3,847.

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 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.

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.