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 1274 listings with an average rent of $2,331. Next up is Oak Park , where apartments go for $2,185/month, followed by Evanston with $2,503 If you’re looking to rent in Schaumburg’s most popular neighborhoods, make sure to also check out Skokie , where renters pay $2,005 on average, and La Grange , where the average monthly rent is $1,965.

What is the average rent in Schaumburg?

The average rent for an apartment in Schaumburg is $1,951. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Schaumburg, IL

Last updated November 2024

Average Rent	Average Apartment Size
$1,951	858 sq. ft.

What is the average apartment size in Schaumburg?

The average size for a Schaumburg, IL apartment is 858 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

12,416 or 39% of the households in Schaumburg, IL are renter-occupied while 19,561 or 61% are owner-occupied.

Schaumburg, IL rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Schaumburg, IL By Neighborhood

City	Average Rent
Wilmette	$3,907
Matteson	$2,654
Lincolnwood	$2,642
Park Ridge	$2,599
Barrington	$2,596
Barrington Hills	$2,596
South Barrington	$2,596
Evanston	$2,503
Morton Grove	$2,482
Orland Hills	$2,438
Orland Park	$2,405
Glenview	$2,364
Chicago	$2,331
Oak Park	$2,185
River Grove	$2,136
Northbrook	$2,027
Skokie	$2,005
Countryside	$1,965
Hodgkins	$1,965
Indian Head Park	$1,965
La Grange	$1,965
McCook	$1,965
Wheeling	$1,964
Arlington Heights	$1,930
Des Plaines	$1,847
Tinley Park	$1,835
Berwyn	$1,833
Forest View	$1,833
Stickney	$1,833
Palatine	$1,830
Inverness	$1,763
Rolling Meadows	$1,738
Mount Prospect	$1,712
Hoffman Estates	$1,703
Prospect Heights	$1,638
Elk Grove Village	$1,620
Burbank	$1,536
Hillside	$1,496
Harwood Heights	$1,453
Norridge	$1,453
Park Forest	$1,453
Niles	$1,419
Oak Lawn	$1,409
La Grange Park	$1,407
Evergreen Park	$1,400
Richton Park	$1,383
Palos Hills	$1,351
Justice	$1,339
Forest Park	$1,336
Homewood	$1,316
Alsip	$1,313
Merrionette Park	$1,313
Chicago Ridge	$1,286
Hickory Hills	$1,275
Rosemont	$1,267
Oak Forest	$1,246
Hazel Crest	$1,197
Lyons	$1,166
Steger	$1,154
Worth	$1,133
Maywood	$1,126
Crestwood	$1,119
Midlothian	$1,119
Lansing	$1,108
Calumet City	$1,107
Melrose Park	$1,101
Northlake	$1,100
Blue Island	$1,031
Calumet Park	$1,002
Riverdale	$1,002
Chicago Heights	$932
Ford Heights	$932
Lynwood	$932
Sauk Village	$932
South Chicago Heights	$932

What are the most affordable neighborhoods in Schaumburg?

The most affordable neighborhoods in Schaumburg are Chicago Heights, where the average rent goes for $932/month, Ford Heights, where renters pay $932/mo on average, and Lynwood, where the average rent goes for $932/mo. If you’re looking for other great deals, check out the listings from Sauk Village ($932), South Chicago Heights ($932), and Calumet Park ($1,002), where the asking prices are below the average Schaumburg rent of $1,951/mo.

What are the most expensive neighborhoods in Schaumburg?

The most expensive neighborhoods in Schaumburg are Lincolnwood ($2,642), Matteson ($2,654) and Wilmette ($3,907).

What are the most popular neighborhoods in Schaumburg?

The most popular neighborhood in Schaumburg is Chicago, where there are 1274 listings with an average rent of $2,331. Next up is Oak Park, where apartments go for $2,185/month, followed by Evanston with $2,503 If you’re looking to rent in Schaumburg’s most popular neighborhoods, make sure to also check out Skokie, where renters pay $2,005 on average, and La Grange, where the average monthly rent is $1,965.

Schaumburg | Rent Comparison by Neighborhood

Rent in Alsip is 32% lower than in Arlington Heights

$1,313

Alsip rent is 33% lower than Schaumburg average

Average Rent $1,313

$1,930

Arlington Heights rent is 1% lower than Schaumburg average

Average Rent $1,930

How Schaumburg Compares to Other Cities

State	Average Rent
Chicago	$2,331
Oak Park	$2,185
Evanston	$2,503
Skokie	$2,005
Champaign	$1,619
Naperville	$1,993
Dekalb	$1,027
Aurora	$1,800
Lisle	$1,764
Lombard	$2,008
Schaumburg	$1,951
Arlington Heights	$1,930
Carol Stream	$1,710
Glen Ellyn	$1,592
Palatine	$1,830
Rolling Meadows	$1,738
Des Plaines	$1,847
Elgin	$1,558
Mount Prospect	$1,712
Wheaton	$2,083
Wheeling	$1,964

What is the average price for a storage unit in Schaumburg?

The average rent for a non-climate-controlled 10'x10' storage unit in Schaumburg is $127. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.