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schaumburg
Last updated October 21 2020 at 7:51 AM

196 Apartments for rent in Schaumburg, IL

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Check out 196 verified apartments for rent in Schaumburg, IL with rents starting as low as $1000. Some apartments for rent in Schaumburg might offer rent specials. Look out for the
$
rent special icon!
Verified
189 Units Available
Element at Veridian
2200 Progress Parkway
Schaumburg, IL
Studio
$1,499
683 sqft
1 Bedroom
$1,799
950 sqft
2 Bedrooms
$2,450
1191 sqft
Last updated October 21 at 07:43 AM
Element at Veridian, not just an apartment home, it's a lifestyle home. Offering spacious studio, one, two, and three-bedroom floorplans, Element at Veridian provides sophistication to your lifestyle.
Verified
12 Units Available
Fieldpointe of Schaumburg
1708 Arbor Sq
Schaumburg, IL
Studio
$1,125
528 sqft
1 Bedroom
$1,235
764 sqft
2 Bedrooms
$1,330
948 sqft
Last updated October 21 at 06:31 AM
Gorgeous community with resort-style pool, business center, gym and open courtyard. Recently renovated apartments feature granite counters, hardwood floors and washer/dryer in unit. Easy access to downtown Chicago and O'Hare Airport.
$
Verified
13 Units Available
Remington Place Apartments
201 W Remington Cir
Schaumburg, IL
1 Bedroom
$1,250
742 sqft
2 Bedrooms
$1,605
1121 sqft
Last updated October 21 at 06:10 AM
With 33 acres of living space, this community features a jogging path, heated outdoor pool and sports courts. Unique interior designs include decorative mini blinds, private patio or balcony, and wood-burning fireplaces.
Verified
12 Units Available
Legend Park Apartments
305 Cambia Dr
Schaumburg, IL
1 Bedroom
$1,184
684 sqft
2 Bedrooms
$1,191
834 sqft
3 Bedrooms
$1,402
1050 sqft
Last updated October 21 at 12:44 AM
*At this time, we are conducting tours by appointment only. Please call/text or email to request a tour.
Verified
15 Units Available
North 680
680 E Algonquin Rd
Schaumburg, IL
1 Bedroom
$1,471
800 sqft
2 Bedrooms
$2,215
1283 sqft
Last updated October 21 at 12:44 AM
Approximately 30 miles from downtown Chicago, these luxury homes boast community extras such as fire pits, BBQ grills, and a heated pool. Pet friendly, with nearby trails for Fido.
$
Verified
25 Units Available
Versailles on the Lakes Schaumburg
1024 North Plum Grove Road
Schaumburg, IL
Studio
$1,030
455 sqft
1 Bedroom
$1,225
696 sqft
2 Bedrooms
$1,495
1036 sqft
Last updated October 21 at 12:44 AM
RMK...Rely on our Management Knowledge.
$
Verified
49 Units Available
TGM Park Meadows
10 N Lincoln Meadows Dr
Schaumburg, IL
1 Bedroom
$1,375
702 sqft
2 Bedrooms
$1,799
1014 sqft
Last updated October 20 at 10:37 AM
An upscale community with green initiatives and modern design features. Here you'll enjoy a variety of exceptional amenities and attentive service as well as the convenient location with easy access to downtown Chicago. We Are Currently Renovating!
1 Unit Available
273 Elmwood Lane, Unit C1
273 Elmwood Lane
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,425
1000 sqft
Last updated October 21 at 08:20 AM
Move right in to your new first-floor condo in the sought after Lexington green community.
1 Unit Available
1313 Norwell Lane
1313 Norwell Lane
Schaumburg, IL | Golden Corridor
4 Bedrooms
$2,470
1084 sqft
Last updated October 21 at 06:42 AM
WOW! Great home in a great neighborhood waiting for a great family! Updated kitchen with all new stainless steel appliances and island over looking the living room. Large mud room off the garage. Fenced in yard and ready to move in.
1 Unit Available
21 Kristin Drive
21 Kristin Drive
Schaumburg, IL | Golden Corridor
1 Bedroom
$1,200
760 sqft
Last updated October 20 at 08:42 PM
Beautiful updated Penthouse unit with western exposure. Rarely available large 1 bedroom features upgraded kitchen cabinets and granite counter tops plus storage galore including a total of 3 interior closets PLUS a separate storage unit.
1 Unit Available
76 Margate Court
76 Margate Court
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,450
1300 sqft
Last updated October 20 at 08:42 PM
Beautiful 2nd floor, 2 bedroom, 1 bath coach home in Lexington Village ! Updated kitchen includes Stainless Steel Appliances, Granite Counters and Huge Pantry! Bathroom updated too! Neutral carpet through out! Full size washer & dryer in unit!
1 Unit Available
815 Winfal Drive
815 Winfal Drive
Schaumburg, IL | Golden Corridor
4 Bedrooms
$3,500
3297 sqft
Last updated October 20 at 08:42 PM
Executive rental in the Essex Club featuring two story foyer and well designed floor plan. Spacious kitchen with center island and built in desk. Low maintenance hardwood floors throughout most of the home for easy cleaning.
1 Unit Available
1102 Southbridge Lane
1102 Southbridge Court
Schaumburg, IL | Golden Corridor
3 Bedrooms
$2,300
1969 sqft
Last updated October 20 at 08:42 PM
Location! Spacious duplex 3 bed 2.1 bath Ready to move in home in Schaumburg. Nice backyard - New flooring in 3 Bedrooms- hardwood flooring in family room
1 Unit Available
1068 Glouchester Harbor
1068 Glouchester Harbour
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,300
1100 sqft
Last updated October 20 at 08:42 PM
SUNNY AND BRIGHT RANCH END UNIT in Nantucket Cove! A private entrance leads into a spacious living room, bright double wide window + new flooring throughout ~ Move in ready, neutral decor + spacious eat-in kitchen with all appliances included! Two
1 Unit Available
690 East Algonquin Road
690 East Algonquin Road
Schaumburg, IL | Golden Corridor
1 Bedroom
Ask
2 Bedrooms
$2,284
1130 sqft
Last updated October 20 at 08:42 PM
Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg.
1 Unit Available
700 East Algonquin Road
700 East Algonquin Road
Schaumburg, IL | Golden Corridor
1 Bedroom
$1,837
785 sqft
Last updated October 20 at 08:42 PM
ASK ABOUT 1 MONTH FREE "LOOK & LEASE" SPECIAL WITH MIN 12 MONTH LEASE & MOVE IN BY NOV 30th! Come see one of Schaumburg's newest luxury apartment and townhome communities! Urban style living in the heart of Schaumburg.
1 Unit Available
1460 Seven Pines Road
1460 Seven Pines Road
Schaumburg, IL | Golden Corridor
3 Bedrooms
$1,700
1200 sqft
Last updated October 20 at 08:42 PM
Nicely renovated first floor 3 bedroom, 2 full bathroom condo in highly sought after Lexington Green. Updates include a complete kitchen remodel featuring quartz counter tops, white soft close cabinets and high-end stainless steel appliances.
1 Unit Available
2601 College Hill Circle
2601 College Hill Circle
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,750
1276 sqft
Last updated October 20 at 08:42 PM
Charming 2 bed plus loft/1 bath townhouse in Palatine school district with private patio, beautiful kitchen with glass mosaic, 42" cabinets, granite counters, corner sink, oven/range, microwave, range hood, dishwasher and refrigerator, separate
1 Unit Available
612 Waterford Road South
612 Waterford Road South
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,350
1100 sqft
Last updated October 20 at 08:42 PM
Find studio, 1, 2 and 3 bedroom apartments for rent at 612 Waterford Road South in Schaumburg. View photos, descriptions and more!
1 Unit Available
1858 Grove Avenue
1858 Grove Avenue
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,600
1250 sqft
Last updated October 20 at 08:42 PM
Neutral paint and carpet, end unit townhome. Vaulted ceilings, laminate flooring, white cabinets, open loft area ideal for office or family room. All appliances included. Great location....a commuter's dream.....
1 Unit Available
602 Eastview Court
602 Eastview Court
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,585
1200 sqft
Last updated October 20 at 08:42 PM
Great rental in East Schaumburg! Just minutes from Woodfield, municipal grounds, and Spring Valley Nature Center! Spacious 1st floor coach home nicely updated and available mid November.
1 Unit Available
931 Shattuck Lane
931 Shattuck Lane
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,450
1000 sqft
Last updated October 20 at 08:42 PM
Fresh and clean! Freshly painted and brand new carpet. Enjoy the view as this one is located facing Volkening Lake. Two generous sized bedrooms with loads of closet space. Private entrance. Oak Kitchen with lots of cabinets.
1 Unit Available
912 Knottingham Drive
912 Knottingham Drive
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,395
1175 sqft
Last updated October 20 at 08:42 PM
Niece 2 bedroom, 2 bathroom coach home is a second floor unit with lite cream carpet and a one car attached garage. Walk out to a private balcony overlooking green space from sliding doors in either the kitchen or the living room.
1 Unit Available
721 Tipperary Court
721 Tipperary Court
Schaumburg, IL | Golden Corridor
2 Bedrooms
$1,400
1000 sqft
Last updated October 20 at 08:42 PM
Clean & Cozy 2nd floor 2 bedroom/2 bath property within school districts 211/54!! Entering the home you view the beautiful wood laminate flooring of the living room and dining room.
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Find an apartment for rent in Schaumburg, IL


Searching for an apartment for rent in Schaumburg, IL? Look no further! Apartment List will help you find a perfect apartment near you. There are 196 available rental units listed on Apartment List in Schaumburg. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Schaumburg is $1,225 for a studio, $1,490 for a one-bedroom apartment, and $1,819 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Schaumburg apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Schaumburg, IL apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Schaumburg?
In Schaumburg, the median rent is $1,225 for a studio, $1,490 for a 1-bedroom, $1,819 for a 2-bedroom, and $2,176 for a 3-bedroom. For more information on rental trends in Schaumburg, check out our monthly Schaumburg Rent Report.
How much is rent in Schaumburg?
In Schaumburg, the median rent is $1,225 for a studio, $1,490 for a 1-bedroom, $1,819 for a 2-bedroom, and $2,176 for a 3-bedroom. For more information on rental trends in Schaumburg, check out our monthly Schaumburg Rent Report.
How can I find a cheap apartment in Schaumburg?
You can filter cheap apartments in Schaumburg by price: under $1,400, under $1,200, under $1,100, or search by apartments that are offering move-in specials.
How can I find a cheap apartment in Schaumburg?
You can filter cheap apartments in Schaumburg by price: under $1,400, under $1,200, under $1,100, or search by apartments that are offering move-in specials.
How can I find a pet-friendly apartment in Schaumburg?
You can use the pet-friendly filter to find Schaumburg apartments that allow pets.
How can I find a pet-friendly apartment in Schaumburg?
You can use the pet-friendly filter to find Schaumburg apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Schaumburg properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Schaumburg properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Schaumburg?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Schaumburg.
How much should I pay for rent in Schaumburg?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Schaumburg.
How can I find off-campus housing in Schaumburg?
You can use the off-campus housing filters to find apartments near colleges located in or around Schaumburg. Some of the colleges and universities in the area include Aurora University, Wheaton College, William Rainey Harper College, Judson University, and North Central College.
How can I find off-campus housing in Schaumburg?
You can use the off-campus housing filters to find apartments near colleges located in or around Schaumburg. Some of the colleges and universities in the area include Aurora University, Wheaton College, William Rainey Harper College, Judson University, and North Central College.

Median Rent in Schaumburg

Last updated Sep. 2020
The median rent for a 1 bedroom apartment in Schaumburg is $1,490, while the median rent for a 2 bedroom apartment is $1,819.
Studio
$1,225
1 Bed
$1,490
2 Beds
$1,819
3+ Beds
$2,176

City Guide

Schaumburg
Do you like shopping? Then you'll love Schaumburg. This suburb of Chicago is home to the largest mall in Illinois, and in fact, one of the largest malls in the entire country. The Woodfield Mall attracts more than 27 million visitors every year.
Do you like shopping? Then you'll love Schaumburg. This suburb of Chicago is home to the largest mall in Illinois, and in fact, one of the largest malls in the entire country. The Woodfield Mall attracts more than 27 million visitors every year.

Schaumburg is a village in Cook County, which is located about 28 miles northwest of the city of Chicago. Until the first subdivision and then Woodfield Mall were built, Schaumburg was just a rural town outside Chicago. But the first rule of the 'burbs seems to be that if you build it, they will come. People started flocking to the easy life in the suburbs, and the influx hasn't since slowed down. Today, Schaumburg isn't just known for its mall; now it’s a town with a world-class library and easy access to the city.

Having trouble with Craigslist Schaumburg? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Moving to Schaumburg

Like most of the Chicagoland area, it’s not going to be inexpensive if you want a good neighborhood. Schaumburg is no exception. It is more expensive than some other suburbs in the area because it’s in Cook County, which pays higher taxes and has higher gas costs than some of the more distant suburbs.

If you want to live in Schaumburg, make sure all your ducks are in a row first. Some suburbs of Chicago are friendlier to people with bad credit or a blemished job record, but you're expected to have a pretty solid background in Schaumburg. To get approved for an apartment, your income should be two to three times greater than the rent. Fortunately, the average income in Schaumburg is well above the national average, so it should be enough to cover the average rent here.

If you're a newbie in the area, you might want to try renting an apartment before renting a house. Even if you want to buy, you may have to rent temporarily while you search (and compete) for your dream home.

If you're looking for a house for rent in Schaumburg and you have special circumstances, like you need to bring Fluffy and Fido or you want to find an all bills paid apartment, you might need help. Let the professionals do the leg work! Apartment locators get paid to do this work, so don't waste your precious time and gas money driving around to check out different places when someone else can do it for you. If you do have these special circumstances, especially pets, you may have to pay a little more in monthly rent or security deposits, but it’s worth it!

Moving to Schaumburg
+

Like most of the Chicagoland area, it’s not going to be inexpensive if you want a good neighborhood. Schaumburg is no exception. It is more expensive than some other suburbs in the area because it’s in Cook County, which pays higher taxes and has higher gas costs than some of the more distant suburbs.

If you want to live in Schaumburg, make sure all your ducks are in a row first. Some suburbs of Chicago are friendlier to people with bad credit or a blemished job record, but you're expected to have a pretty solid background in Schaumburg. To get approved for an apartment, your income should be two to three times greater than the rent. Fortunately, the average income in Schaumburg is well above the national average, so it should be enough to cover the average rent here.

If you're a newbie in the area, you might want to try renting an apartment before renting a house. Even if you want to buy, you may have to rent temporarily while you search (and compete) for your dream home.

If you're looking for a house for rent in Schaumburg and you have special circumstances, like you need to bring Fluffy and Fido or you want to find an all bills paid apartment, you might need help. Let the professionals do the leg work! Apartment locators get paid to do this work, so don't waste your precious time and gas money driving around to check out different places when someone else can do it for you. If you do have these special circumstances, especially pets, you may have to pay a little more in monthly rent or security deposits, but it’s worth it!

Neighborhoods

This village has 17 well-defined neighborhoods, featuring a range of housing options. However, 3 bedroom apartments for rent in Schaumburg can prove hard to come by because there are not many of them. Don't wait until the week before your move to start looking for an apartment because you might face a waiting list. The more bedrooms you need, the longer you may have to wait. Of course, if you're having trouble finding just the right community within Schaumburg, you can also look in nearby towns like Palatine, Rolling Meadows, Hoffman Estates or Roselle. Here are a few neighborhoods to consider:

E Nerge Rd/S Roselle Rd: The rents here will make you shout with joy, but don't get too excited. The vacancy rate here is less than 4%.

S Roselle Rd/W Weathersfield Way: This neighborhood has a lot of owner-occupied homes and town homes. You can find some apartments to rent, but vacancy rates are pretty low. Start your search yonder if you're looking to rent quickly.

S Springinsguth Rd/W Wise Rd: In this part of town, the primary housing options are single-family homes and townhouses, though you can find some apartment rentals.

Neighborhoods
+

This village has 17 well-defined neighborhoods, featuring a range of housing options. However, 3 bedroom apartments for rent in Schaumburg can prove hard to come by because there are not many of them. Don't wait until the week before your move to start looking for an apartment because you might face a waiting list. The more bedrooms you need, the longer you may have to wait. Of course, if you're having trouble finding just the right community within Schaumburg, you can also look in nearby towns like Palatine, Rolling Meadows, Hoffman Estates or Roselle. Here are a few neighborhoods to consider:

E Nerge Rd/S Roselle Rd: The rents here will make you shout with joy, but don't get too excited. The vacancy rate here is less than 4%.

S Roselle Rd/W Weathersfield Way: This neighborhood has a lot of owner-occupied homes and town homes. You can find some apartments to rent, but vacancy rates are pretty low. Start your search yonder if you're looking to rent quickly.

S Springinsguth Rd/W Wise Rd: In this part of town, the primary housing options are single-family homes and townhouses, though you can find some apartment rentals.

Life in Schaumburg

More than 7,000 people work at the Motorola headquarters in Schaumburg, and many of them choose to live right in Schaumburg to cut down on their commute times. Other major employers include the Cancer Treatment Centers of America, Woodfield Mall, Zurich Insurance Group and IBM.

Almost every big city has terrible traffic, but Chicago's traffic is pretty legendary--and not in a good way! Fortunately the whole area has fabulous public transportation, so at least you can choose to spend your commute time on a train--and able to read or just rest your eyes after a long day, instead of stuck in a car. Schaumburg has a stop on the METRA Milwaukee District/West Line, between Chicago's Union Station and Elgin. In the future, the Suburban Transit Access Route, or STAR Line, plans to have stops at the IKEA store and on Roselle Road.

Woodfield Mall is the biggest attraction in Schaumburg, and visitors come from the greater Chicagoland area and across the country. Woodfield Mall is located right next to I-290, so it's easy and convenient to get there. There are 285 stores and restaurants in the Woodfield Mall, many of which are upscale shops.

If you're tired of the mall or just want something else to do, you won’t have to go all the way into the city to find it. Schaumburg has other fun ways to spend your time, such as making a day of it at Medieval Times or the Legoland Discovery Center. See a live comedy show at Chicago Improv, browse art at the Chicago Athanaeum or take in a show at the PIX 5D Cinema. You can also spend the day enjoying nature at Spring Valley.

Enjoy some favorite Chicago meals, even in Schaumburg, at Portillo's Hot Dogs or Lou Malnati's Pizza. In addition, there are also some amazing local Schaumburg favorites you should check out, such as Wildberry Pancakes and Caf or the fresh fare at Seasons 52.

Of course, one of the best things about living in Schaumburg is how close you are to taking advantage of all that Chicago has to offer. Chicago has an amazing group of local sports teams with very devoted fans. (Go Blackhawks!) Hockey is big here, as is rooting for the Chicago Bears during football season. But the real rivalry here is baseball. Are you a Cubs fan or a White Sox fan? This is no small issue here in Chicagoland! You need to pick which team to root for, and be prepared to stand your ground in some fun--but heated--debates about it.

Life in Schaumburg
+

More than 7,000 people work at the Motorola headquarters in Schaumburg, and many of them choose to live right in Schaumburg to cut down on their commute times. Other major employers include the Cancer Treatment Centers of America, Woodfield Mall, Zurich Insurance Group and IBM.

Almost every big city has terrible traffic, but Chicago's traffic is pretty legendary--and not in a good way! Fortunately the whole area has fabulous public transportation, so at least you can choose to spend your commute time on a train--and able to read or just rest your eyes after a long day, instead of stuck in a car. Schaumburg has a stop on the METRA Milwaukee District/West Line, between Chicago's Union Station and Elgin. In the future, the Suburban Transit Access Route, or STAR Line, plans to have stops at the IKEA store and on Roselle Road.

Woodfield Mall is the biggest attraction in Schaumburg, and visitors come from the greater Chicagoland area and across the country. Woodfield Mall is located right next to I-290, so it's easy and convenient to get there. There are 285 stores and restaurants in the Woodfield Mall, many of which are upscale shops.

If you're tired of the mall or just want something else to do, you won’t have to go all the way into the city to find it. Schaumburg has other fun ways to spend your time, such as making a day of it at Medieval Times or the Legoland Discovery Center. See a live comedy show at Chicago Improv, browse art at the Chicago Athanaeum or take in a show at the PIX 5D Cinema. You can also spend the day enjoying nature at Spring Valley.

Enjoy some favorite Chicago meals, even in Schaumburg, at Portillo's Hot Dogs or Lou Malnati's Pizza. In addition, there are also some amazing local Schaumburg favorites you should check out, such as Wildberry Pancakes and Caf or the fresh fare at Seasons 52.

Of course, one of the best things about living in Schaumburg is how close you are to taking advantage of all that Chicago has to offer. Chicago has an amazing group of local sports teams with very devoted fans. (Go Blackhawks!) Hockey is big here, as is rooting for the Chicago Bears during football season. But the real rivalry here is baseball. Are you a Cubs fan or a White Sox fan? This is no small issue here in Chicagoland! You need to pick which team to root for, and be prepared to stand your ground in some fun--but heated--debates about it.

Read More

City Guide

Schaumburg
Do you like shopping? Then you'll love Schaumburg. This suburb of Chicago is home to the largest mall in Illinois, and in fact, one of the largest malls in the entire country. The Woodfield Mall attracts more than 27 million visitors every year.
Do you like shopping? Then you'll love Schaumburg. This suburb of Chicago is home to the largest mall in Illinois, and in fact, one of the largest malls in the entire country. The Woodfield Mall attracts more than 27 million visitors every year.

Schaumburg is a village in Cook County, which is located about 28 miles northwest of the city of Chicago. Until the first subdivision and then Woodfield Mall were built, Schaumburg was just a rural town outside Chicago. But the first rule of the 'burbs seems to be that if you build it, they will come. People started flocking to the easy life in the suburbs, and the influx hasn't since slowed down. Today, Schaumburg isn't just known for its mall; now it’s a town with a world-class library and easy access to the city.

Having trouble with Craigslist Schaumburg? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Moving to Schaumburg

Like most of the Chicagoland area, it’s not going to be inexpensive if you want a good neighborhood. Schaumburg is no exception. It is more expensive than some other suburbs in the area because it’s in Cook County, which pays higher taxes and has higher gas costs than some of the more distant suburbs.

If you want to live in Schaumburg, make sure all your ducks are in a row first. Some suburbs of Chicago are friendlier to people with bad credit or a blemished job record, but you're expected to have a pretty solid background in Schaumburg. To get approved for an apartment, your income should be two to three times greater than the rent. Fortunately, the average income in Schaumburg is well above the national average, so it should be enough to cover the average rent here.

If you're a newbie in the area, you might want to try renting an apartment before renting a house. Even if you want to buy, you may have to rent temporarily while you search (and compete) for your dream home.

If you're looking for a house for rent in Schaumburg and you have special circumstances, like you need to bring Fluffy and Fido or you want to find an all bills paid apartment, you might need help. Let the professionals do the leg work! Apartment locators get paid to do this work, so don't waste your precious time and gas money driving around to check out different places when someone else can do it for you. If you do have these special circumstances, especially pets, you may have to pay a little more in monthly rent or security deposits, but it’s worth it!

Moving to Schaumburg
+

Like most of the Chicagoland area, it’s not going to be inexpensive if you want a good neighborhood. Schaumburg is no exception. It is more expensive than some other suburbs in the area because it’s in Cook County, which pays higher taxes and has higher gas costs than some of the more distant suburbs.

If you want to live in Schaumburg, make sure all your ducks are in a row first. Some suburbs of Chicago are friendlier to people with bad credit or a blemished job record, but you're expected to have a pretty solid background in Schaumburg. To get approved for an apartment, your income should be two to three times greater than the rent. Fortunately, the average income in Schaumburg is well above the national average, so it should be enough to cover the average rent here.

If you're a newbie in the area, you might want to try renting an apartment before renting a house. Even if you want to buy, you may have to rent temporarily while you search (and compete) for your dream home.

If you're looking for a house for rent in Schaumburg and you have special circumstances, like you need to bring Fluffy and Fido or you want to find an all bills paid apartment, you might need help. Let the professionals do the leg work! Apartment locators get paid to do this work, so don't waste your precious time and gas money driving around to check out different places when someone else can do it for you. If you do have these special circumstances, especially pets, you may have to pay a little more in monthly rent or security deposits, but it’s worth it!

Neighborhoods

This village has 17 well-defined neighborhoods, featuring a range of housing options. However, 3 bedroom apartments for rent in Schaumburg can prove hard to come by because there are not many of them. Don't wait until the week before your move to start looking for an apartment because you might face a waiting list. The more bedrooms you need, the longer you may have to wait. Of course, if you're having trouble finding just the right community within Schaumburg, you can also look in nearby towns like Palatine, Rolling Meadows, Hoffman Estates or Roselle. Here are a few neighborhoods to consider:

E Nerge Rd/S Roselle Rd: The rents here will make you shout with joy, but don't get too excited. The vacancy rate here is less than 4%.

S Roselle Rd/W Weathersfield Way: This neighborhood has a lot of owner-occupied homes and town homes. You can find some apartments to rent, but vacancy rates are pretty low. Start your search yonder if you're looking to rent quickly.

S Springinsguth Rd/W Wise Rd: In this part of town, the primary housing options are single-family homes and townhouses, though you can find some apartment rentals.

Neighborhoods
+

This village has 17 well-defined neighborhoods, featuring a range of housing options. However, 3 bedroom apartments for rent in Schaumburg can prove hard to come by because there are not many of them. Don't wait until the week before your move to start looking for an apartment because you might face a waiting list. The more bedrooms you need, the longer you may have to wait. Of course, if you're having trouble finding just the right community within Schaumburg, you can also look in nearby towns like Palatine, Rolling Meadows, Hoffman Estates or Roselle. Here are a few neighborhoods to consider:

E Nerge Rd/S Roselle Rd: The rents here will make you shout with joy, but don't get too excited. The vacancy rate here is less than 4%.

S Roselle Rd/W Weathersfield Way: This neighborhood has a lot of owner-occupied homes and town homes. You can find some apartments to rent, but vacancy rates are pretty low. Start your search yonder if you're looking to rent quickly.

S Springinsguth Rd/W Wise Rd: In this part of town, the primary housing options are single-family homes and townhouses, though you can find some apartment rentals.

Life in Schaumburg

More than 7,000 people work at the Motorola headquarters in Schaumburg, and many of them choose to live right in Schaumburg to cut down on their commute times. Other major employers include the Cancer Treatment Centers of America, Woodfield Mall, Zurich Insurance Group and IBM.

Almost every big city has terrible traffic, but Chicago's traffic is pretty legendary--and not in a good way! Fortunately the whole area has fabulous public transportation, so at least you can choose to spend your commute time on a train--and able to read or just rest your eyes after a long day, instead of stuck in a car. Schaumburg has a stop on the METRA Milwaukee District/West Line, between Chicago's Union Station and Elgin. In the future, the Suburban Transit Access Route, or STAR Line, plans to have stops at the IKEA store and on Roselle Road.

Woodfield Mall is the biggest attraction in Schaumburg, and visitors come from the greater Chicagoland area and across the country. Woodfield Mall is located right next to I-290, so it's easy and convenient to get there. There are 285 stores and restaurants in the Woodfield Mall, many of which are upscale shops.

If you're tired of the mall or just want something else to do, you won’t have to go all the way into the city to find it. Schaumburg has other fun ways to spend your time, such as making a day of it at Medieval Times or the Legoland Discovery Center. See a live comedy show at Chicago Improv, browse art at the Chicago Athanaeum or take in a show at the PIX 5D Cinema. You can also spend the day enjoying nature at Spring Valley.

Enjoy some favorite Chicago meals, even in Schaumburg, at Portillo's Hot Dogs or Lou Malnati's Pizza. In addition, there are also some amazing local Schaumburg favorites you should check out, such as Wildberry Pancakes and Caf or the fresh fare at Seasons 52.

Of course, one of the best things about living in Schaumburg is how close you are to taking advantage of all that Chicago has to offer. Chicago has an amazing group of local sports teams with very devoted fans. (Go Blackhawks!) Hockey is big here, as is rooting for the Chicago Bears during football season. But the real rivalry here is baseball. Are you a Cubs fan or a White Sox fan? This is no small issue here in Chicagoland! You need to pick which team to root for, and be prepared to stand your ground in some fun--but heated--debates about it.

Life in Schaumburg
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More than 7,000 people work at the Motorola headquarters in Schaumburg, and many of them choose to live right in Schaumburg to cut down on their commute times. Other major employers include the Cancer Treatment Centers of America, Woodfield Mall, Zurich Insurance Group and IBM.

Almost every big city has terrible traffic, but Chicago's traffic is pretty legendary--and not in a good way! Fortunately the whole area has fabulous public transportation, so at least you can choose to spend your commute time on a train--and able to read or just rest your eyes after a long day, instead of stuck in a car. Schaumburg has a stop on the METRA Milwaukee District/West Line, between Chicago's Union Station and Elgin. In the future, the Suburban Transit Access Route, or STAR Line, plans to have stops at the IKEA store and on Roselle Road.

Woodfield Mall is the biggest attraction in Schaumburg, and visitors come from the greater Chicagoland area and across the country. Woodfield Mall is located right next to I-290, so it's easy and convenient to get there. There are 285 stores and restaurants in the Woodfield Mall, many of which are upscale shops.

If you're tired of the mall or just want something else to do, you won’t have to go all the way into the city to find it. Schaumburg has other fun ways to spend your time, such as making a day of it at Medieval Times or the Legoland Discovery Center. See a live comedy show at Chicago Improv, browse art at the Chicago Athanaeum or take in a show at the PIX 5D Cinema. You can also spend the day enjoying nature at Spring Valley.

Enjoy some favorite Chicago meals, even in Schaumburg, at Portillo's Hot Dogs or Lou Malnati's Pizza. In addition, there are also some amazing local Schaumburg favorites you should check out, such as Wildberry Pancakes and Caf or the fresh fare at Seasons 52.

Of course, one of the best things about living in Schaumburg is how close you are to taking advantage of all that Chicago has to offer. Chicago has an amazing group of local sports teams with very devoted fans. (Go Blackhawks!) Hockey is big here, as is rooting for the Chicago Bears during football season. But the real rivalry here is baseball. Are you a Cubs fan or a White Sox fan? This is no small issue here in Chicagoland! You need to pick which team to root for, and be prepared to stand your ground in some fun--but heated--debates about it.

Rent Report
Schaumburg

October 2020 Schaumburg Rent Report

Welcome to the October 2020 Schaumburg Rent Report. Schaumburg rents increased over the past month. In this report, we'll evaluate trends in the Schaumburg rental market, including comparisons to similar cities nationwide.

Schaumburg rents increase sharply over the past month

Schaumburg rents have increased 1.4% over the past month, but have decreased moderately by 0.8% in comparison to the same time last year. Currently, median rents in Schaumburg stand at $1,490 for a one-bedroom apartment and $1,820 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in June. Schaumburg's year-over-year rent growth leads the state average of -2.2%, as well as the national average of -1.4%.

    Many large cities nationwide show more affordable rents compared to Schaumburg

    As rents have fallen moderately in Schaumburg, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Schaumburg is less affordable for renters.

    • Schaumburg's median two-bedroom rent of $1,820 is above the national average of $1,106. Nationwide, rents have fallen by 1.4% over the past year compared to the 0.8% decline in Schaumburg.
    • While rents in Schaumburg fell moderately over the past year, many cities nationwide saw increases, including Columbus (+3.6%), Detroit (+1.6%), and St. Louis (+1.0%).
    • Renters will generally find more expensive prices in Schaumburg than most large cities. For example, Detroit has a median 2BR rent of $889, where Schaumburg is more than twice that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Read More

    October 2020 Schaumburg Rent Report

    Welcome to the October 2020 Schaumburg Rent Report. Schaumburg rents increased over the past month. In this report, we'll evaluate trends in the Schaumburg rental market, including comparisons to similar cities nationwide.

    View full Rent Report

    October 2020 Schaumburg Rent Report

    Welcome to the October 2020 Schaumburg Rent Report. Schaumburg rents increased over the past month. In this report, we'll evaluate trends in the Schaumburg rental market, including comparisons to similar cities nationwide.

    Schaumburg rents increase sharply over the past month

    Schaumburg rents have increased 1.4% over the past month, but have decreased moderately by 0.8% in comparison to the same time last year. Currently, median rents in Schaumburg stand at $1,490 for a one-bedroom apartment and $1,820 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in June. Schaumburg's year-over-year rent growth leads the state average of -2.2%, as well as the national average of -1.4%.

      Many large cities nationwide show more affordable rents compared to Schaumburg

      As rents have fallen moderately in Schaumburg, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Schaumburg is less affordable for renters.

      • Schaumburg's median two-bedroom rent of $1,820 is above the national average of $1,106. Nationwide, rents have fallen by 1.4% over the past year compared to the 0.8% decline in Schaumburg.
      • While rents in Schaumburg fell moderately over the past year, many cities nationwide saw increases, including Columbus (+3.6%), Detroit (+1.6%), and St. Louis (+1.0%).
      • Renters will generally find more expensive prices in Schaumburg than most large cities. For example, Detroit has a median 2BR rent of $889, where Schaumburg is more than twice that price.

      For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

      Methodology - Recent Updates:

      Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

      Read more about our new methodology below, or see a more detailed post here.

      Methodology:

      Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

      Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

      Read more about our methodology here.

      About Rent Reports:

      Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

      We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.