/
/
/
cheap apartments
Last updated February 27 2020 at 2:02 PM

98 Cheap Apartments for rent in Schaumburg, IL

Verified
Last updated February 27 at 12:44pm
4 Units Available
Remington Place Apartments
201 W Remington Cir, Schaumburg, IL
1 Bedroom
$1,335
742 sqft
2 Bedrooms
$1,620
1121 sqft
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
Last updated February 27 at 04:21am
12 Units Available
Legend Park Apartments
305 Cambia Dr, Schaumburg, IL
1 Bedroom
$1,195
684 sqft
2 Bedrooms
$1,356
834 sqft
3 Bedrooms
$1,599
1050 sqft
Welcome to Legend Park Apartments where comfort and convenience meet! Live at Legend Park Apartments and enjoy unique 1, 2, and 3 bedroom floor plans with home office/dens surrounded by the best of Chicagoland.
Verified
Last updated February 27 at 10:34am
51 Units Available
TGM Park Meadows
10 N Lincoln Meadows Dr, Schaumburg, IL
1 Bedroom
$1,370
702 sqft
2 Bedrooms
$1,830
1014 sqft
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!
Verified
Last updated February 27 at 04:21am
41 Units Available
Versailles on the Lakes Schaumburg
1024 North Plum Grove Road, Schaumburg, IL
Studio
$1,125
455 sqft
1 Bedroom
$1,275
696 sqft
2 Bedrooms
$1,575
1036 sqft
RMK...Rely on our Management Knowledge.
Verified
Last updated February 27 at 12:54pm
2 Units Available
Fieldpointe of Schaumburg
1708 Arbor Sq, Schaumburg, IL
Studio
Ask
1 Bedroom
$1,355
764 sqft
2 Bedrooms
Ask
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.
Last updated February 27 at 11:24am
1 Unit Available
925 Casey Court
925 Casey Court, Schaumburg, IL
2 Bedrooms
$1,300
1000 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 925 Casey Court in Schaumburg. View photos, descriptions and more!
Last updated February 27 at 11:24am
1 Unit Available
929 Casey Court
929 Casey Court, Schaumburg, IL
2 Bedrooms
$1,325
1000 sqft
Completely remodeled unit from top to bottom!!! New Everything, what an opportunity!!!! Storage unit & laundry in the basement. Credit & background check required with a minimum credit score of 680.
Last updated February 27 at 11:24am
1 Unit Available
111 PICKWICK Place North
111 Pickwick Drive, Schaumburg, IL
1 Bedroom
$1,000
850 sqft
2 Bedrooms
Ask
Very nice 1 st floor unit ,newer bath jstfinidhed, newer carpeting. Newer Kitchen, with white appliances. Heat , water garbage all included in rent wonderful neighborhood,great schools. Coin laundry in the building.
Last updated February 27 at 11:24am
1 Unit Available
1043 Brunswick Harbor
1043 Brunswick Harbor, Schaumburg, IL
2 Bedrooms
$1,300
975 sqft
Ranch style quad home. Spacious bedrooms. Large eat in kitchen No steps here! great condition. Freshly painted. Great location at Schaumburg's East end. Laundry in the unit. Newer stove. One car attached garage. Pool.
Last updated February 27 at 11:24am
1 Unit Available
207 Nantucket Harbor
207 Nantucket Harbor, Schaumburg, IL
2 Bedrooms
$1,275
975 sqft
Freshly Painted and ready for you! Laminate flooring in the living room. Eat in Kitchen! Newer cabinets and appliances attached garage. Lots of parking for guests. Private location. No upstairs neighbors. Nice pool for summer fun.
Results within 1 mile of Schaumburg
Verified
Last updated February 27 at 12:54pm
18 Units Available
Preserve at Woodfield
4700 Arbor Dr, Rolling Meadows, IL
1 Bedroom
$1,065
800 sqft
2 Bedrooms
$1,245
1023 sqft
3 Bedrooms
$1,540
1275 sqft
Just off I-90 and Highway 53. Recently renovated community with hardwood floors, granite countertops and luxurious walk-in closets. On-site amenities for active residents including pool, volleyball and gym in park-like setting. Media room and concierge.
Verified
Last updated February 27 at 01:24pm
7 Units Available
The Moorings
619 Plum Grove Rd, Roselle, IL
1 Bedroom
$1,205
728 sqft
2 Bedrooms
$1,385
967 sqft
3 Bedrooms
Ask
Luxury apartment homes with granite counters and hardwood floors. Grounds feature tranquil park-like setting, business center, pool and gym. Conveniently located near O'Hare Airport, Roselle Town Square, Stratford Town Square and downtown Chicago.
Last updated February 27 at 11:24am
Steeple Hill Condominiums
1 Unit Available
1065 South valley Lane
1065 Valley Ln, Hoffman Estates, IL
2 Bedrooms
$1,175
912 sqft
What a nice surprise to find a place that has just installed new carpeting 1/29/2020, painted 1/29/2020, appliances 1/20/2020, great view of park, balcony, huge master closet, updated bath, great parking spot.
Last updated February 27 at 11:24am
1 Unit Available
841 Pacific Avenue
841 Pacific Avenue, Hoffman Estates, IL
2 Bedrooms
$1,295
900 sqft
Nestled within a park-like setting, The Reserve at Hoffman Estates is perfectly located with convenient access to Mariano's Fresh Market, Super Target, Walmart Supercenter, The Arboretum of South Barrington mall, Cabela's sporting goods, Sears
Last updated February 27 at 11:24am
1 Unit Available
941 Atlantic Avenue
941 Atlantic Avenue, Hoffman Estates, IL
2 Bedrooms
$1,295
900 sqft
Nestled within a park-like setting, The Reserve at Hoffman Estates is perfectly located with convenient access to Mariano's Fresh Market, Super Target, Walmart Supercenter, The Arboretum of South Barrington mall, Cabela's sporting goods, Sears
Last updated February 27 at 11:24am
Estate Park
1 Unit Available
549 East Shag Bark Lane
549 East Shag Bark Lane, Streamwood, IL
2 Bedrooms
$1,350
1050 sqft
Welcome home to this newly updated 2 bed 1 bath condo. Flooring,cabinets,counter-tops, A/C unit, water heater, dishwasher, windows and back patio door are less than 2 years old! IN UNIT washer/dryer.
Last updated February 27 at 11:24am
Moon Lake Village
1 Unit Available
1880 Bonnie Lane
1880 Bonnie Lane, Hoffman Estates, IL
1 Bedroom
$1,100
650 sqft
Newly UPDATED in Jan 2019. Large Bedroom and plenty of closet space . New carpet & new AC. Very Spacious bath has new Vanity , Tub & Fixtures. Rent includes Cooking Gas, Heat & Water. Tenant pays electric/cable. Fabulous amenities: Club House.
Last updated February 27 at 11:24am
1 Unit Available
1575 CORNELL Place
1575 Cornell Place, Hoffman Estates, IL
2 Bedrooms
$1,350
1100 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 1575 CORNELL Place in Hoffman Estates. View photos, descriptions and more!
Results within 5 miles of Schaumburg
Verified
Last updated February 27 at 12:37pm
108 Units Available
Arlington Heights
2134 S Goebbert Rd, Arlington Heights, IL
1 Bedroom
$975
628 sqft
2 Bedrooms
$1,225
879 sqft
3 Bedrooms
$1,609
1128 sqft
Beautiful landscaping near Roosevelt University. Open floor plans. Volleyball court, playground, beautiful pool, and business center on-site. Updated amenities include hardwood floors, stainless steel appliances and lots of space. Pet-friendly.
Verified
Last updated February 27 at 12:37pm
23 Units Available
The Element
1550 Dempster St, Mount Prospect, IL
1 Bedroom
$873
734 sqft
2 Bedrooms
$982
1175 sqft
3 Bedrooms
$1,881
1650 sqft
Newly renovated, pet-friendly apartments feature large walk-in closets, plank flooring, and balcony. Property amenities include swimming pool, yoga studio, and a renovated 24 hour-fitness center. Located near I-290 and I-90 and the Allstate Arena.
Verified
Last updated February 27 at 12:31pm
8 Units Available
The Residences at 1450
1450 S Busse Rd, Mount Prospect, IL
1 Bedroom
$973
705 sqft
2 Bedrooms
$1,298
885 sqft
Known for its’ unparalleled charm and hospitality, Residences at 1450 is an instant favorite among those searching for the best in Mount Prospect apartments.
Verified
Last updated February 27 at 04:21am
20 Units Available
Orion Parkview
1821 W Golf Rd, Mount Prospect, IL
1 Bedroom
$1,039
850 sqft
2 Bedrooms
$1,116
959 sqft
Luxurious units feature wood-burning fireplace, extra storage and vaulted ceilings. Community includes parking, pool, playground and garage. Convenient location close to Clearwater Park and Golf Road.
Verified
Last updated February 27 at 12:31pm
12 Units Available
Westline
1700 Ontarioville Rd, Hanover Park, IL
Studio
$950
400 sqft
1 Bedroom
$1,018
672 sqft
2 Bedrooms
Ask
Various sized apartments with granite surfaces and hardwood floors. The pet-friendly community has a gym, pool and BBQ area. Next to a train station for easy access to Chicago and beyond.
Verified
Last updated February 27 at 04:21am
17 Units Available
Willow Crossing
1031 Charlela Ln, Elk Grove Village, IL
1 Bedroom
$1,145
700 sqft
2 Bedrooms
$1,375
987 sqft
3 Bedrooms
$1,783
1200 sqft
Great location for commuters, close to I-290. Units feature air conditioning, hardwood floors and stainless steel appliances. Community includes parking, pool, volleyball court, courtyard and elevator.

March 2020 Schaumburg Rent Report

Welcome to the March 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 cities throughout the metro, state, and nation.

View full Rent Report

March 2020 Schaumburg Rent Report

Welcome to the March 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 cities throughout the metro, state, and nation.

Schaumburg rents increased significantly over the past month

Schaumburg rents have increased 0.4% over the past month, and have increased moderately by 3.0% in comparison to the same time last year. Currently, median rents in Schaumburg stand at $1,446 for a one-bedroom apartment and $1,701 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in September of last year. Schaumburg's year-over-year rent growth leads the state average of 1.2%, as well as the national average of 1.7%.

    Rents rising across the Chicago Metro

    Throughout the past year, rent increases have been occurring not just in the city of Schaumburg, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Gary has seen rents fall by 0.9% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Chicago metro, with a two-bedroom median of $921.
    • Naperville has the most expensive rents in the Chicago metro, with a two-bedroom median of $1,773; the city has also seen rent growth of 0.8% over the past month, the fastest in the metro.

    Many large cities nationwide show more affordable rents compared to Schaumburg

    As rents have increased moderately in Schaumburg, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Schaumburg is less affordable for renters.

    • Rents increased slightly in other cities across the state, with Illinois as a whole logging rent growth of 1.2% over the past year. For example, rents have grown by 1.3% in Rockford and 0.8% in Springfield.
    • Schaumburg's median two-bedroom rent of $1,701 is above the national average of $1,194. Nationwide, rents have grown by 1.7% over the past year compared to the 3.0% increase in Schaumburg.
    • While Schaumburg's rents rose moderately over the past year, many cities nationwide also saw increases, including New York (+2.2%), DC (+2.1%), and Columbus (+1.6%).
    • Renters will generally find more expensive prices in Schaumburg than most large cities. For example, Springfield has a median 2BR rent of $725, 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.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Chicago
    $1,090
    $1,290
    0.1%
    1.8%
    Aurora
    $1,140
    $1,340
    0.2%
    1.6%
    Joliet
    $960
    $1,130
    0.4%
    1.1%
    Naperville
    $1,510
    $1,770
    0.8%
    1.7%
    Elgin
    $1,000
    $1,180
    0
    1.7%
    Waukegan
    $860
    $1,010
    -0.1%
    2%
    Hammond
    $850
    $1,000
    0.1%
    0.9%
    Gary
    $780
    $920
    0
    -0.9%
    Arlington Heights
    $1,250
    $1,470
    -0.2%
    0.7%
    Evanston
    $1,330
    $1,570
    0.6%
    2.7%
    Schaumburg
    $1,450
    $1,700
    0.4%
    3%
    Bolingbrook
    $1,300
    $1,530
    -0.3%
    -0.6%
    Palatine
    $1,180
    $1,390
    0.1%
    2.4%
    Des Plaines
    $980
    $1,160
    0.2%
    0.2%
    Wheaton
    $1,280
    $1,510
    0.9%
    4.9%
    Hoffman Estates
    $1,100
    $1,290
    0
    -2%
    Oak Park
    $850
    $1,000
    0.2%
    0.5%
    Lombard
    $1,350
    $1,590
    0.3%
    -0.9%
    Buffalo Grove
    $1,350
    $1,590
    0.8%
    -0.7%
    Carol Stream
    $1,170
    $1,380
    0.6%
    3.1%
    Romeoville
    $1,590
    $1,870
    0.5%
    -0.1%
    Wheeling
    $1,140
    $1,340
    0.2%
    -0.1%
    Calumet City
    $870
    $1,030
    0
    0.9%
    Merrillville
    $970
    $1,140
    0.1%
    2.6%
    Glendale Heights
    $1,130
    $1,330
    0.3%
    -0.9%
    St. Charles
    $1,270
    $1,500
    0.8%
    3%
    Woodridge
    $1,190
    $1,400
    0.5%
    -1.3%
    Gurnee
    $1,240
    $1,460
    2%
    3.3%
    Chicago Heights
    $920
    $1,080
    0
    0.1%
    Lansing
    $830
    $980
    0
    -2.7%
    Vernon Hills
    $1,340
    $1,580
    0.6%
    0.5%
    Woodstock
    $980
    $1,150
    0
    1.6%
    Westmont
    $1,310
    $1,540
    0.2%
    5.5%
    Zion
    $900
    $1,060
    0
    0.9%
    Rolling Meadows
    $1,260
    $1,480
    0
    3.7%
    Lisle
    $1,250
    $1,460
    0.3%
    4.7%
    Park Forest
    $990
    $1,170
    0
    1.5%
    Richton Park
    $1,060
    $1,250
    -0.3%
    2.3%
    See More

    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.

    Similar Pages

    Schaumburg 1 BedroomsSchaumburg 2 BedroomsSchaumburg 2 Bedrooms 2 BathroomsSchaumburg 3 BedroomsSchaumburg Accessible ApartmentsSchaumburg Apartments under $1,000

    Apartments For Rent in Nearby Cities

    Apartments Near Colleges