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studio apartments
Last updated February 23 2020 at 7:39 AM

13 Studio Apartments for rent in Schaumburg, IL

Verified
Last updated February 23 at 01:23am
41 Units Available
Versailles on the Lakes Schaumburg
1024 North Plum Grove Road, Schaumburg, IL
Studio
$1,125
455 sqft
RMK...Rely on our Management Knowledge.
Results within 5 miles of Schaumburg
Verified
Last updated February 23 at 06:46am
Central Business District
16 Units Available
Hancock Square at Arlington Station
180 N Arlington Heights Rd, Arlington Heights, IL
Studio
$1,593
608 sqft
On major public transportation line, near parks, restaurants and Metropolis Performing Arts Center. Studio, one-bedroom and two-bedroom apartments in recently renovated building. Units have in-suite laundry facilities, granite counters and walk-in closets. Pets welcome.
Verified
Last updated February 23 at 06:07am
11 Units Available
One Arlington
3400 W Stonegate Blvd, Arlington Heights, IL
Studio
$1,479
622 sqft
This community offers residents a pet-friendly environment with an on-site pool, clubhouse and 24-hour gym. Units feature walk-in closets and hardwood flooring. Convenient to the Twin Lakes Recreation Area.
Verified
Last updated February 23 at 06:37am
12 Units Available
Westline
1700 Ontarioville Rd, Hanover Park, IL
Studio
$950
400 sqft
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 23 at 01:23am
26 Units Available
Williams Reserve
1245 E Prairie Brook Dr, Palatine, IL
Studio
$1,175
576 sqft
Best kept secret in Palatine! Williams Reserve is a hidden gem with award winning landscape. The property has ponds and streams throughout to create a tranquil environment.
Verified
Last updated February 23 at 01:22am
Barrington Lakes
47 Units Available
Barrington Lakes Apartments
2200 Hassell Rd, Hoffman Estates, IL
Studio
$1,010
470 sqft
Barrington Lakes Apartments offers studio, one, two, and three-bedroom apartments. Equipped with renovated kitchens, walk-in closets, and private balconies, find which style works best for you. Barrington Lakes provides a true community environment.
Last updated February 22 at 09:41am
1 Unit Available
2875 Greenspoint Pkwy
2875 Greenpoint Parkway, Hoffman Estates, IL
Studio
$1,865
450 sqft
Our hotel is the place to go when you want to escape the hustle and bustle of urban Chicago and embrace the tranquility of the neighboring suburbs.
Results within 10 miles of Schaumburg
Verified
Last updated February 23 at 07:05am
35 Units Available
Springs at Canterfield
1900 Canterfield Pkwy W, West Dundee, IL
Studio
$1,193
623 sqft
Set on verdant wooded grounds under sprawling blue skies, Springs at Canterfield is your ticket to luxury. Our garden-inspired community features studio, one, two, and three bedroom townhome-style apartments for rent in West Dundee, Illinois.
Verified
Last updated February 23 at 01:22am
9 Units Available
Elmhurst Terrace
100 Fellows Ct, Elmhurst, IL
Studio
$804
370 sqft
Elmhurst Terrace is a quiet courtyard-style community of apartments in Elmhurst situated on seven acres of beautifully manicured greens.
Verified
Last updated February 23 at 01:23am
52 Units Available
Buckingham Place
750 E. Northwest Highway, Des Plaines, IL
Studio
$1,657
603 sqft
Buckingham Place is the newest and most luxurious apartment community in Des Plaines. Just minutes from the Cumberland Metra train line and downtown Des Plaines. Be the first to live in this premier luxury community.
Verified
Last updated February 23 at 01:23am
44 Units Available
20 West Apartments
20 West Northwest Highway, Mount Prospect, IL
Studio
$1,670
616 sqft
Come home to 20 West Apartments - just steps from the Mount Prospect Metra train station. Our brand new luxury apartments are lavishly designed to fit your lifestyle.
Verified
Last updated February 12 at 10:11pm
36 Units Available
Wheaton 121
121 N Cross St, Wheaton, IL
Studio
$1,399
558 sqft
Great location close to Adams Park and the Illinois Prairie Path. Residents enjoy units with laundry, walk-in closets and granite counters. Community features BBQ grill, bocce court, clubhouse and coffee bar.
Last updated February 22 at 11:31am
1 Unit Available
393 Wellington Ave 1
393 Wellington Ave, Elgin, IL
Studio
$550
250 sqft
Studio Apartment in Elgin (Basement) - Property Id: 83841 Freshly renovated affordable studio in Elgin, near downtown amenities including the casino. South Elgin high school district. Apply at TurboTenant: http://rental.turbotenant.

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 Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    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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