Cheap Apartments for Rent in Schaumburg, IL
103 rentals
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- SPECIAL OFFERPET FRIENDLY$1,476 - $2,143/moStudio-2 Beds1 BathFieldpointe of Schaumburg | 1708 Arbor Sq,
Schaumburg, IL 60173 - APPLY INSTANTLYPET FRIENDLY
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- $1,545 - $2,255/mo1-2 Beds1-2 BathsVillage in the Park Apartments | 1417 Valley Lake Dr,
Schaumburg, IL 60195 - $1,606 - $1,996/mo1-3 Beds1-2 BathsThe Grove at Schaumburg Apartments | 305 Cambia Dr,
Schaumburg, IL 60193 - $1,617 - $2,509/mo1-2 Beds1-2 BathsRemington Place Apartments | 201 Remington Cir,
Schaumburg, IL 60195 - $1,620 - $2,205/mo1-2 Beds1-2 BathsThe Lakes of Schaumburg Apartment Homes | 801 Belinder Ln,
Schaumburg, IL 60173 - $1,633 - $2,829/mo1-3 Beds1-2 BathsSchaumburg- International Village | 1220 E Algonquin Rd,
Schaumburg, IL 60173 - $1,650 - $2,774/moStudio-3 Beds1-2 BathsVersailles on the Lakes Schaumburg | 1024 N Plum Grove Rd,
Schaumburg, IL 60173 - $1,820 - $2,607/mo1-2 Beds1-2 BathsSavannah Trace Apartments | 1421 Carolina Ct,
Schaumburg, IL 60193 - $2,022 - $2,487/mo1-2 Beds1-2 BathsThe Winds at Poplar Creek | 1900 Windsong Dr,
Schaumburg, IL 60194 - Total price$2,057 - $6,000/moStudio-3 Beds1-3 BathsElement at Veridian | 2200 Progress Pkwy,
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Average Rent Trends in Schaumburg, IL
Rent in Schaumburg, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,400 |
| Nov 2025 | $2,490 |
| Dec 2025 | $2,385 |
| Jan 2026 | $2,385 |
| Feb 2026 | $2,350 |
| Mar 2026 | $2,350 |
| Apr 2026 | $2,350 |
| May 2026 | $2,350 |
| Jun 2026 | $2,300 |
| Jul 2026 | $2,300 |
| Aug 2026 | $2,300 |
| Sep 2026 | $2,300 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,765 | $2,250 | $2,829 | $3,499 | $2,275 |
| Townhomes | — | $2,275 | $2,800 | — | $2,500 |
| Apartments and Condos | $1,550 | $2,200 | $2,533 | — | $2,200 |
| Houses | $1,683 | — | $3,167 | $3,499 | $3,427 |
Frequently Asked Questions about Rentals in Schaumburg, IL
- What is the average rent of an apartment in Schaumburg, IL?The average rent of an apartment in Schaumburg, IL is $2,126 per month. This is about 8% higher than the national average.
- When is the average rent cheapest in Schaumburg, IL?In the last year, the average rent in Schaumburg, IL was lowest in Feb 2025 when it was $2,150 per month.
- When is the average rent most expensive in Schaumburg, IL?In the last year, the average rent in Schaumburg, IL was highest in Nov 2025 when it was $2,490 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Schaumburg, IL?The average rent of a 1 bedroom apartment in Schaumburg, IL is $1,765 per month. That is about $255 more than the cost of a studio apartment.
- How many available rental listings are in Schaumburg, IL?There are 115 available rental listings in Schaumburg, IL.
- What are some neighborhoods in Schaumburg, IL?Some neighborhoods in Schaumburg, IL include: Olde Schaumburg Centre.
- What are some zip codes in Schaumburg, IL?
- What are some cities near Schaumburg, IL?Some nearby cities include: Roselle, Medinah, Hoffman Estates, Rolling Meadows, Elk Grove Village. These cities may have more rental options to explore.
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