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Apartments for Rent in Schaumburg, IL
145 Rentals Available

8-17-city

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Average rent in Schaumburg, IL

$1,703/mo Schaumburg, IL average rental price, March 2023
Image Average Rent

The average monthly rent of apartments in Schaumburg, IL is $1,703.

Schaumburg, IL apartment rent ranges

Schaumburg, IL rent trends

Check out the average rent prices in Schaumburg by neighborhood.

Compared to the national average rent of $1,727, the average rent in Schaumburg, IL is $1,703.

Getting around in Schaumburg, IL

27 /100
Car-Dependent
61 /100
Bikeable
Walk Score®: 27, Bike Score®: 61

Frequently asked questions

When were prices and availability in Schaumburg, IL last updated?

Prices and availability in Schaumburg, IL were last updated on 31 Mar 2023.

What are the best apartments in Schaumburg, IL?

The best apartments in Schaumburg, IL are: The Winds at Poplar Creek, The Grove at Schaumburg, Woodbury Place Apartments, North 680 and The Lakes of Schaumburg Apartment Homes.

What is the average rent in Schaumburg, IL?

The average rent in Schaumburg, IL is $1,703. Start your search for apartments in Schaumburg, IL now.

What is the price range for a 1-bedroom apartment in Schaumburg, IL?

The price range for a 1-bedroom apartment in Schaumburg, IL is between $1,300 and $5,777. Browse all available 1-bedroom apartments in Schaumburg, IL now.

What is the price range for a 2-bedroom apartment in Schaumburg, IL?

The price range for a 2-bedroom apartment in Schaumburg, IL is between $1,300 and $8,212. Browse and find a 2-bedroom apartment in Schaumburg, IL.

What is the price range for a 3-bedroom apartment in Schaumburg, IL?

The price range for a 3-bedroom apartment in Schaumburg, IL is between $1,459 and $5,241. Browse all available 3-bedroom apartments in Schaumburg, IL.

What type of rental buildings are in Schaumburg, IL?

In Schaumburg, 39% of the residents are renting compared to 61% 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, 71% are small-scale complexes with under 50 units, and 7% are single-family rentals.

What do typical apartment communities look like in Schaumburg, IL?

The average age of rental buildings in Schaumburg is 40 years old, with 6% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 85% are garden-style apartment communities, 15% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Schaumburg, IL?

Rental apartments in Schaumburg come in a range of sizes and floorplans. Studio apartments represent 4% 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 53% of the total apartments in the city, while 2-bedroom floorplans represent around 42% 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.

Living in Schaumburg, IL

Located some 30 miles northwest of Chicago, Schaumburg is a fast-growing suburb that is a great renting spot for families raising children. Schaumburg was originally founded as a small agricultural town in the 19th century. Since then, Schaumburg has transformed into one of the biggest commercial centers in the Chicago suburbs. The city offers plenty of kid-friendly entertainment, including the Legoland Discovery Center and multiple water parks. Schaumburg also offers plenty in the way of outdoor recreation, with multiple golf clubs, nature preserves and playgrounds. Over the years, Schaumburg has attracted immigrants from around the world and there is a notably large Asian population. As a result, Schaumburg has plenty of delicious and authentic restaurants that serve global cuisines.

Renting in Schaumburg, IL

While most Schaumburg residents own their homes, there is also a decent selection of rental properties available in town. Most rental properties are single-family homes or low-rise condo buildings. There are some mid- and high-rise apartment buildings on the north side of Schaumburg near the Woodfield Mall. These apartments are the closest to Schaumburg’s office buildings as well and are popular among young professionals. Schaumburg has a very low crime rate, so it is safe to walk or bike outside if you need to. When compared to Chicago and other suburbs nearby, Schaumburg’s rental prices are relatively affordable. Rentals here also tend to be more spacious and often come with yards, terraces or other outdoor spaces.

Things for renting

Schaumburg, IL demographics

Schaumburg, IL has a population of 78,053 according to the most recent data from the U.S. Census Bureau. 40,187 of Schaumburg’s residents are women and 37,866 are men. The median age of those who live in Schaumburg, IL is 38.7.

Shopping in Schaumburg, IL

Schaumburg is one of the biggest shopping destinations in Chicago’s northwest suburbs. The shopping in Schaumburg centers around the Woodfield Mall, which is one of the largest in the entire country. In addition to luxury shopping options, this mall has a movie theater, bowling alley, comedy club and several restaurants. There are also smaller shopping centers surrounding the mall that feature popular big box stores and grocery stores that meet renters’ everyday needs. The Schaumburg Town Square area, which is located at the intersection of Roselle Road and Schaumburg Road, includes many shops and restaurants as well. Here you will find more locally owned stores and restaurants, as opposed to national chains.

Schaumburg, IL households

  • 19,923 Family
    12,494 Non-family
  • 9,669 Children
    22,748 No Children
  • 32,417Total Number of Households
  • 2.4Average People Per Household
  • $85,147Median Household Income

According to U.S. Census data, there are 32,417 households in Schaumburg, IL. 19,923 are family households and 12,494 are non-family households. There are 9,669 households with children in Schaumburg and 22,748 households without children. On average, about 2.4 people live in a household in Schaumburg, IL.

Transportation in Schaumburg, IL

Because Schaumburg is relatively spread out, most renters use their cars to get to work and run most errands. What’s more, the Schaumburg area often experiences harsh winters, which makes it difficult for renters to walk or bike during this time of year. Schaumburg is a 20-minute drive away from O’Hare International Airport, which is very convenient for those who travel frequently. There are some public transit options for renters who commute from Schaumburg to Chicago. The Metra commuter rail has a stop on the southern end of Schaumburg and takes residents directly into downtown Chicago. The Pace bus system also runs some routes in Schaumburg, most notably a bus connecting the Woodfield Mall to the CTA Blue Line station at Rosemont, which will also take riders into downtown Chicago. For renters who prefer more convenient transportation methods, taxis and ridesharing services like Uber and Lyft are available in the city.

Schaumburg, IL education statistics

The level of education of the population of Schaumburg, IL is as follows: 2% have no high school education, 21% completed some high school, 24% partially completed college, 7% have an Associate Degree, 29% have a Bachelor Degree, and 18% have a Graduate Degree.

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RentCafe is your one-stop shop for finding a great new apartment in Schaumburg, IL. Easily search through a wide selection of apartments for rent in Schaumburg, IL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Schaumburg, IL apartments with rents starting from $1,230 and submit your rental application today!

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