Average Rent in Schaumburg, IL

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Current Versus Historical Schaumburg, IL Rents

Schaumburg rentals average $2,165 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,350, or roughly $24 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $13 to $13. 1-bedroom rentals prices have increased by $136 (6.68%) year-over-year from $2,029 to $2,165. 2-bedroom rentals prices have increased by $31 (1.36%) year-over-year from $2,267 to $2,298. 3-bedroom rentals prices have increased by $139 (4.96%) year-over-year from $2,808 to $2,948. 4-bedroom rentals prices have increased by $151 (4.50%) year-over-year from $3,349 to $3,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 3.03% this month. 2-bedroom rents have gone up by 0.18% this month. 3-bedroom rents have gone up by 0.80% this month. 4-bedroom rents have gone up by 15.38% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$34.06	$2,165	$2,029 (6.68%)	$1,928 (12.26%)
2 BR	$23.88	$2,298	$2,267 (1.36%)	$1,965 (16.92%)
3 BR	$24.00	$2,948	$2,808 (4.96%)	$2,715 (8.56%)
4+ BR	$19.66	$3,500	$3,349 (4.50%)	$3,289 (6.41%)

Historical Rents in Schaumburg, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Schaumburg

There are a total of 1 cities nearby Schaumburg. The average rent in Schaumburg is currently $1,995 per month. Only one city nearby has an average rent lower than that. Our records show that Palatine, IL, with an average rent of $1,995, is the most affordable city nearby. In contrast, the most expensive city near Schaumburg, IL is Palatine, IL. Monthly rents here are on average $1,995 per month.

Let's compare Schaumburg, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 28.97% more expensive. Two bedrooms in Schaumburg, IL are about 13.94% more expensive. Finally, rent for three bedrooms are about 3.31% more expensive. Want more information? Check out the top 1 cities near Schaumburg, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Palatine, IL	N/A	$1,538	$1,975	$1,995

Top Neighborhoods Near Schaumburg

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Schaumburg

There are a total of 7 counties located by Schaumburg, IL. Some of these counties include Leyden, IL, Palatine, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,398. That's roughly around $24 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Leyden, IL. Its average rent per month is $2,000. Vice versa, with an average rent of $2,500, Maine, IL is the most expensive county by Schaumburg, IL.

In comparison, rent for one bedroom listings in Schaumburg, IL is 26.08% more expensive than other counties nearby. Finally, rent for two bedrooms in Schaumburg, IL is 4.14% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Leyden, IL	$1,418	$1,450	$2,150	$2,000
Palatine, IL	N/A	$2,038	$2,000	$2,256
Schaumburg, IL	N/A	$1,600	$2,200	$2,350
Wheeling, IL	$1,300	$1,650	$2,200	$2,398
Hanover, IL	N/A	$1,710	$2,325	$2,400
Bloomingdale, IL	N/A	$1,500	$1,988	$2,438
Maine, IL	$1,195	$1,600	$2,250	$2,500

Top Zipcodes Near Schaumburg

There are a total of 2 zipcodes in or near Schaumburg, IL. The average rent for all of these zipcodes is $2,342. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60193, Schaumburg, IL at $2,325 per month. In comparison, the zipcode with the most expensive average rent of $2,359 per month is 60173, Schaumburg, IL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Schaumburg, IL is $1,940 per month. Or in other words, $30 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,307 per month. Which comes out to $25 per sqft. The following table includes the top 2 zipcodes in Schaumburg, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60193, Schaumburg, IL	N/A	$1,675	$2,250	$2,325
60173, Schaumburg, IL	N/A	$2,206	$2,363	$2,359

Frequently Asked Questions - Schaumburg Average Rents

What is the average rent price in Schaumburg, IL?

The average monthly rental price for Schaumburg, IL apartments for rent is approximately $2,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Schaumburg, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Schaumburg, IL.

How much is a one bedroom apartment in Schaumburg, IL?

The average monthly rental price for one bedroom apartments is $2,165 and an average price per square feet of $34.06. There are a total of 24 one bedroom apartment listings currently available for rent in Schaumburg.

How much is a two bedroom apartment in Schaumburg, IL?

The average monthly rental price for two bedroom apartments is $2,295 and an average price per square feet of $23.88. There are a total of 75 two bedroom apartment listings currently available for rent in Schaumburg.

How have rent prices in Schaumburg, IL changed this year?

Rent prices for rentals in Schaumburg, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Schaumburg, IL?

A reasonable rent price in Schaumburg, IL is around $1,880/month. You can search for these reasonably priced rental listings on RentHop.