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luxury apartments
Last updated January 29 2020 at 8:11 PM

114 Luxury Apartments for rent in Schaumburg, IL

Verified
Last updated January 29 at 07:18pm
13 Units Available
North 680
680 E Algonquin Rd, Schaumburg, IL
1 Bedroom
$1,668
800 sqft
2 Bedrooms
$2,316
1283 sqft
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
Last updated January 29 at 10:33am
79 Units Available
TGM Park Meadows
10 N Lincoln Meadows Dr, Schaumburg, IL
1 Bedroom
$1,349
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 January 29 at 06:24pm
10 Units Available
Remington Place Apartments
201 W Remington Cir, Schaumburg, IL
1 Bedroom
$1,225
742 sqft
2 Bedrooms
$1,625
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 January 29 at 07:18pm
10 Units Available
Legend Park Apartments
305 Cambia Dr, Schaumburg, IL
1 Bedroom
$1,266
684 sqft
2 Bedrooms
$1,275
834 sqft
3 Bedrooms
$1,578
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 January 29 at 07:17pm
42 Units Available
Versailles on the Lakes Schaumburg
1024 North Plum Grove Road, Schaumburg, IL
Studio
$965
455 sqft
1 Bedroom
$1,245
696 sqft
2 Bedrooms
$1,575
1036 sqft
RMK...Rely on our Management Knowledge.
Last updated January 29 at 10:44am
1 Unit Available
1342 Scarboro Rd
1342 Scarboro Lane, Schaumburg, IL
3 Bedrooms
$2,600
2100 sqft
1342 Scarboro Rd Available 02/01/20 AVAILABLE NOW! STATELY MOVE IN READY TOWNHOME - NOTHING TO DO BUT MOVE IN! - This large 2100 sq.ft. town home has 3 bedrooms + office/den. 2 full baths. Master suite with luxury bath and huge walk in closet.
Last updated January 29 at 10:44am
Towne Place
1 Unit Available
2978 Belle Ln
2978 Belle Lane, Schaumburg, IL
3 Bedrooms
$1,925
1550 sqft
2978 Belle Ln Available 02/01/20 Move in ready 3 bed 2.5 bath townhome! - The home was recently painted and brand new carpet. 2 story ceiling in the living room with lots of windows. Newer white cabinets and appliances.
Last updated January 29 at 10:44am
Towne Place
1 Unit Available
181 Crescent Ln
181 Crescent Lane, Schaumburg, IL
3 Bedrooms
$1,975
1546 sqft
181 Crescent Ln Available 02/01/20 Spacious move-in ready town home! - Contemporary townhome in a fantastic residential community. The unit is move-in ready! Completely painted top to bottom less than a year ago and was just touched up paint.
Last updated January 29 at 09:37am
1 Unit Available
1715 Grove
1715 Grove Avenue, Schaumburg, IL
2 Bedrooms
$1,600
1245 sqft
Nice 2 story townhome, great condition with neutral decor and newer plush carpeting. Ready for occupancy, move in before the holidays! Newer stove, refrigerator, furnace & water heater.
Last updated January 29 at 06:46pm
1 Unit Available
670 East Algonquin Road
670 East Algonquin Road, Schaumburg, IL
1 Bedroom
$1,749
665 sqft
2 Bedrooms
Ask
Come see Schaumburg's newest luxury apartment & townhome community! Urban style living in the heart of Schaumburg.
Last updated January 29 at 06:46pm
1 Unit Available
690 East Algonquin Road
690 East Algonquin Road, Schaumburg, IL
1 Bedroom
$1,744
725 sqft
2 Bedrooms
Ask
Come see Schaumburg's newest luxury apartment & townhome community! Urban style living in the heart of Schaumburg.
Last updated January 29 at 06:46pm
1 Unit Available
700 East Algonquin Road
700 East Algonquin Road, Schaumburg, IL
1 Bedroom
$1,739
665 sqft
2 Bedrooms
Ask
Come see Schaumburg's newest luxury apartment & townhome community! Urban style living in the heart of Schaumburg.
Last updated January 29 at 06:46pm
1 Unit Available
972 MALLARD Circle
972 Mallard Circle, Schaumburg, IL
2 Bedrooms
$1,650
1300 sqft
OPPORTUNITY TO RENT A SPACIOUS 2 BEDS 2 BATH END UNIT IN DESIRABLE SUMMIT PLACE! BRIGHT AND OPEN FLOOR PLAN WITH HARDWOOD & CARPET FLOORING AND NEUTRAL PAINT THROUGHOUT.
Last updated January 29 at 06:46pm
1 Unit Available
48 Lambert Drive
48 Lambert Drive, Schaumburg, IL
2 Bedrooms
$1,650
1200 sqft
Great Rental! Available NOW! Clean & updated 2 Beds/2 Baths/1 car garage/2nd floor coach style home at the center of Schaumburg.
Last updated January 29 at 06:46pm
1 Unit Available
830 Thornton Court
830 Thorton Court, Schaumburg, IL
3 Bedrooms
$1,645
1300 sqft
LIMITED OFFER: **HALF OFF MONTH RENT BONUS TO THE TENANT IN MONTH TWO, IF THEY ARE APPROVED AND MOVE IN BY 2/3/20**Nice 3 Bedroom 2 Bathroom Condo. Updated Kitchen with SS appliances! Living Room features a nice brick fireplace with Balcony access.
Last updated January 29 at 06:46pm
1 Unit Available
2738 College Hill Circle
2738 College Hill Circle, Schaumburg, IL
2 Bedrooms
$1,650
1250 sqft
Come and see this beautiful two story townhome! Spacious two bedroom with large loft. Fireplace in Living room. Separate dining room. Wood flooring throughout. Large laundry room on 2nd flood for convenience. Large master bedroom with walk-in closet.
Last updated January 29 at 06:46pm
1 Unit Available
1215 Ironwood Court
1215 Ironwood Court, Schaumburg, IL
2 Bedrooms
$1,645
1137 sqft
OUTSTANDING 1ST FLOOR UNIT--EVERYTHING COMPLETELY UPDATED IN 2014! GREAT KITCHEN WITH GRANITE & STAINLESS STEEL APPLIANCES. NEW FURNACE, CA, WINDOWS, LIGHTING, UPDATED BATHS. WONDERFUL WALK IN CLOSET ORGANIZERS. MAYTAG APPLIANCES.
Last updated January 29 at 06:46pm
1 Unit Available
1114 Beach Comber Drive
1114 Beachcomber Drive, Schaumburg, IL
4 Bedrooms
$2,749
2108 sqft
ALSO AVAILABLE AS LEASE/PURCHASE FOR HARD TO QUALIFY BUYERS. Rare U-shaped all brick ranch in top condition with finished basement! Brick and vinyl exterior.
Last updated January 29 at 06:46pm
1 Unit Available
902 Sturnbridge Court
902 Sturnbridge Court, Schaumburg, IL
2 Bedrooms
$2,145
1300 sqft
NICE 2 BEDROOM WITH 2 CAR ATTACHED GARAGE TOWNHOME** KITCHEN WITH EATING AREA**LIVING ROOM WITH CATHEDRAL CEILING**PRIVATE FENCED IN YARD** GREAT LOCATION CLOSE TO WOODFIELD & EXPRESSWAY**DON'T MISS THIS ONE!
Last updated January 29 at 06:46pm
1 Unit Available
1002 PORTLAND Drive
1002 Portland Drive, Schaumburg, IL
2 Bedrooms
$1,700
1500 sqft
BRAND NEW CARPET FOR THE NEW TENANTS TO ENJOY! 3 LEVELS OF LIVING in this spacious townhome located in a desirable area! Beautiful large sitting room with a cozy attached dining room! OVERSIZED KITCHEN FEATURES A BRAND NEW REFRIGERATOR along with a
Last updated January 29 at 06:46pm
1 Unit Available
274 Elmwood Lane
274 Elmwood Lane, Schaumburg, IL
3 Bedrooms
$1,750
1100 sqft
Enjoy Living in this Recently Updated Rarely Available 3 Bedroom, 2 Bath Main Floor End Unit ~ Beautiful Kitchen with All Stainless Appliances ~ Cozy Fireplace in Living Area ~ Extended Garage ~ Great Neighborhood and Schools! Close to Shopping,
Last updated January 29 at 06:46pm
1 Unit Available
1348 SCARBORO Road
1348 Scarboro Lane, Schaumburg, IL
4 Bedrooms
$2,695
2168 sqft
GORGEOUS 4 BDRM RARELY AVAILABLE TOWNHOME IN UPSCALE LIONS GATE. NEW PAINT AND BRAND NEW CARPET THROUGHOUT.
Last updated January 29 at 06:46pm
1 Unit Available
1357 SCARBORO Road
1357 Scarboro Lane, Schaumburg, IL
2 Bedrooms
$2,400
1900 sqft
STUNNING NORTH FACING RANCH STYLE 2 BED, 2 BATH WITH DEN TOWNHOME IN UPSCALE LIONS GATE. ALL ON THE MAIN LEVEL WITH PRIVATE, SEPARATE ENTRANCE! BEAUTIFUL KITCHEN W/GRANITE COUNTERTOPS AND MAPLE CABINETS. ENGINEERED WOOD FLRS. ACCENT FIREPLACE.
Last updated January 29 at 06:46pm
1 Unit Available
607 Stone Circle Court
607 Stone Circle Court, Schaumburg, IL
3 Bedrooms
$1,765
1500 sqft
TERRIFIC 3 BEDROOM, 2 BATH END UNIT TOWNHOUSE WITH UNOBSTRUCTED VIEW OF THE POOL/CLUBHOUSE & PLAYGROUND! COMPLETELY REMODELED BATHROOMS! BRAND NEW CARPETING & FLOORING THROUGHOUT! LIVING RM W/VAULTED CEILINGS, REMODELED FIREPLACE W/GAS LOGS, NEUTRAL

February 2020 Schaumburg Rent Report

Welcome to the February 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

February 2020 Schaumburg Rent Report

Welcome to the February 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 moderately over the past month

Schaumburg rents have increased 0.3% over the past month, and have increased moderately by 2.2% in comparison to the same time last year. Currently, median rents in Schaumburg stand at $1,441 for a one-bedroom apartment and $1,695 for a two-bedroom. This is the fourth 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 1.0%, as well as the national average of 1.6%.

    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, all 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 0.3% over the past month, the biggest drop in the metro. It also has the least expensive rents in the Chicago metro, with a two-bedroom median of $921.
    • Waukegan has seen the fastest rent growth in the metro, with a year-over-year increase of 2.7%. The median two-bedroom there costs $1,014, while one-bedrooms go for $862.
    • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,760; rents were up 0.3% over the past month but remained flat year-over-year.

    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 1.0% over the past year. For example, rents have grown by 1.2% in Rockford and 0.6% in Springfield.
    • Schaumburg's median two-bedroom rent of $1,695 is above the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 2.2% increase in Schaumburg.
    • While Schaumburg's rents rose moderately over the past year, many cities nationwide also saw increases, including DC (+1.8%), Columbus (+1.7%), and New York (+1.7%).
    • 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 price
    Median 2BR price
    M/M price change
    Y/Y price change
    Chicago
    $1,090
    $1,290
    0
    1.6%
    Aurora
    $1,140
    $1,340
    0.3%
    1.2%
    Joliet
    $950
    $1,120
    0.1%
    0.4%
    Naperville
    $1,500
    $1,760
    0.3%
    0.3%
    Elgin
    $1,000
    $1,180
    0.1%
    1.4%
    Waukegan
    $860
    $1,010
    0
    2.7%
    Hammond
    $850
    $990
    0.1%
    0.9%
    Gary
    $780
    $920
    -0.3%
    0.1%
    Arlington Heights
    $1,250
    $1,470
    -0.1%
    0.5%
    Evanston
    $1,320
    $1,560
    0.2%
    2%
    Schaumburg
    $1,440
    $1,690
    0.3%
    2.2%
    Bolingbrook
    $1,300
    $1,530
    -0.5%
    -0.1%
    Palatine
    $1,180
    $1,390
    0.2%
    1.8%
    Des Plaines
    $980
    $1,150
    -0.1%
    0.1%
    Wheaton
    $1,270
    $1,500
    0.8%
    4.6%
    Hoffman Estates
    $1,100
    $1,290
    0
    -1%
    Oak Park
    $850
    $1,000
    -0.1%
    1.7%
    Lombard
    $1,340
    $1,580
    0.4%
    -1.9%
    Buffalo Grove
    $1,340
    $1,580
    0.4%
    -1.5%
    Carol Stream
    $1,160
    $1,370
    -0.2%
    2%
    Romeoville
    $1,590
    $1,870
    -0.3%
    0
    Wheeling
    $1,140
    $1,340
    0
    -0.2%
    Calumet City
    $870
    $1,030
    -0.1%
    1%
    Merrillville
    $970
    $1,140
    0
    1.6%
    Glendale Heights
    $1,120
    $1,320
    0
    -0.4%
    St. Charles
    $1,260
    $1,480
    0.7%
    0.8%
    Woodridge
    $1,180
    $1,390
    0.1%
    -1.5%
    Gurnee
    $1,210
    $1,430
    0.7%
    -0.3%
    Oswego
    $1,680
    $1,980
    0.1%
    -0.4%
    Chicago Heights
    $920
    $1,080
    0
    0.4%
    Lansing
    $830
    $980
    0
    -2.8%
    Vernon Hills
    $1,340
    $1,570
    0.6%
    0.4%
    Woodstock
    $980
    $1,150
    0.2%
    1.3%
    Westmont
    $1,300
    $1,530
    -0.4%
    4%
    Zion
    $900
    $1,060
    0
    1.2%
    Rolling Meadows
    $1,260
    $1,480
    -0.7%
    2.7%
    Lisle
    $1,240
    $1,460
    -0.5%
    3.1%
    Bloomingdale
    $1,490
    $1,750
    -0.4%
    -2.3%
    Park Forest
    $990
    $1,170
    0.1%
    1.5%
    Richton Park
    $1,060
    $1,250
    -0.1%
    2%
    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.

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