Schaumburg, IL Rental Market Trends

Q: What are the most popular neighborhoods in Schaumburg?

The most popular neighborhood in Schaumburg is Chicago , where there are 1386 listings with an average rent of $2,224. Next up is Oak Park , where apartments go for $2,016/month, followed by Evanston with $2,117 If you’re looking to rent in Schaumburg’s most popular neighborhoods, make sure to also check out Skokie , where renters pay $1,758 on average, and Riverdale , where the average monthly rent is $899.

What is the average rent in Schaumburg?

The average rent for an apartment in Schaumburg is $1,713. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Schaumburg, IL

Last updated January 2023

Average Rent	Average Apartment Size
$1,713	845 sq. ft.

What is the average apartment size in Schaumburg?

The average size for a Schaumburg, IL apartment is 845 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Schaumburg, IL apartment rent ranges

Schaumburg, IL Occupied Housing Units

11,131 or 37% of the households in Schaumburg, IL are renter-occupied while 19,118 or 63% are owner-occupied.

Schaumburg, IL rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Schaumburg, IL By Neighborhood

Neighborhood	Average Rent
Wilmette	$3,434
Matteson	$2,642
Park Ridge	$2,580
Barrington	$2,553
Barrington Hills	$2,553
South Barrington	$2,553
Orland Park	$2,354
Chicago	$2,224
Evanston	$2,117
Glenview	$2,085
Oak Park	$2,016
Northbrook	$1,938
Countryside	$1,936
Hodgkins	$1,936
Indian Head Park	$1,936
La Grange	$1,936
McCook	$1,936
Skokie	$1,758
Arlington Heights	$1,737
Wheeling	$1,689
Palatine	$1,632
Inverness	$1,628
Des Plaines	$1,608
Hillside	$1,488
Mount Prospect	$1,482
Elk Grove Village	$1,469
Rolling Meadows	$1,469
Hoffman Estates	$1,453
Prospect Heights	$1,442
Harwood Heights	$1,377
Norridge	$1,377
Orland Hills	$1,350
Justice	$1,328
Niles	$1,315
Tinley Park	$1,314
Palos Hills	$1,302
Park Forest	$1,282
Oak Lawn	$1,260
La Grange Park	$1,235
Rosemont	$1,229
Homewood	$1,207
Northlake	$1,200
Oak Forest	$1,187
Richton Park	$1,182
Hickory Hills	$1,165
Alsip	$1,126
Merrionette Park	$1,126
Worth	$1,111
Burbank	$1,093
Chicago Ridge	$1,079
Lansing	$1,078
Lyons	$1,075
Melrose Park	$1,063
Forest Park	$1,063
Crestwood	$1,060
Midlothian	$1,060
Hazel Crest	$1,037
Steger	$1,015
Calumet City	$1,001
Chicago Heights	$948
Ford Heights	$948
Lynwood	$948
Sauk Village	$948
South Chicago Heights	$948
Blue Island	$922
Calumet Park	$899
Riverdale	$899

What are the most affordable neighborhoods in Schaumburg?

The most affordable neighborhoods in Schaumburg are Calumet Park, where the average rent goes for $899/month, Riverdale, where renters pay $899/mo on average, and Blue Island, where the average rent goes for $922/mo. If you’re looking for other great deals, check out the listings from Chicago Heights ($948), Ford Heights ($948), and Lynwood ($948), where the asking prices are below the average Schaumburg rent of $1,713/mo.

What are the most expensive neighborhoods in Schaumburg?

The most expensive neighborhoods in Schaumburg are Park Ridge ($2,580), Matteson ($2,642) and Wilmette ($3,434).

What are the most popular neighborhoods in Schaumburg?

The most popular neighborhood in Schaumburg is Chicago, where there are 1386 listings with an average rent of $2,224. Next up is Oak Park, where apartments go for $2,016/month, followed by Evanston with $2,117 If you’re looking to rent in Schaumburg’s most popular neighborhoods, make sure to also check out Skokie, where renters pay $1,758 on average, and Riverdale, where the average monthly rent is $899.

Schaumburg | Rent Comparison by Neighborhood

Rent in Alsip is 35% lower than in Arlington Heights

$1,126

Alsip rent is 34% lower than Schaumburg average

Average Rent	$1,126

$1,737

Arlington Heights rent is 1% higher than Schaumburg average

Average Rent	$1,737

How Schaumburg Compares to Other Cities

City	Average Rent
Chicago	$2,224
Oak Park	$2,016
Evanston	$2,117
Aurora	$1,636
Naperville	$1,837
Belleville	$973
Skokie	$1,758
Riverdale	$899
Champaign	$1,339
Richton Park	$1,182
Kenosha	$1,229
Schaumburg	$1,713
Elgin	$1,409
Arlington Heights	$1,737
Des Plaines	$1,608
Lombard	$1,782
Hanover Park	$1,295
Wheeling	$1,689
Bensenville	$1,519
Bolingbrook	$1,814
Carol Stream	$1,599