Average Rent in Schaumburg, IL

Home » IL » Schaumburg

Current Versus Historical Schaumburg, IL Rents

Schaumburg rentals average $2,233 for a 1-bedroom rental to $3,298 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $24 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially 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 $230 (11.24%) year-over-year from $2,043 to $2,273. 2-bedroom rentals prices have decreased by $22 (-0.93%) year-over-year from $2,322 to $2,300. 3-bedroom rentals prices have decreased by $174 (-5.67%) year-over-year from $3,074 to $2,900. 4-bedroom rentals prices have decreased by $252 (-7.09%) year-over-year from $3,549 to $3,298. 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 2.84% this month. 2-bedroom rents have gone up by 1.47% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 1.76% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$33.37	$2,273	$2,043 (11.24%)	$1,961 (15.89%)
2 BR	$23.20	$2,300	$2,322 (-0.93%)	$2,064 (11.43%)
3 BR	$22.22	$2,900	$3,074 (-5.67%)	$2,375 (22.11%)
4+ BR	$22.16	$3,298	$3,549 (-7.09%)	$3,332 (-1.04%)

Historical Rents in Schaumburg, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Schaumburg

There are a total of 2 cities nearby Schaumburg. The average rent in Schaumburg is currently $2,450 per month. Only one city nearby has an average rent lower than that. Our records show that Palatine, IL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Schaumburg, IL is Arlington Heights, IL. Monthly rents here are on average $2,600 per month.

Let's compare Schaumburg, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.61% more expensive. Two bedrooms in Schaumburg, IL are about 8.06% more expensive. Finally, rent for three bedrooms are about 6.90% more affordable. Want more information? Check out the top 2 cities near Schaumburg, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Palatine, IL	$1,300	$1,500	$2,050	$2,300
Arlington Heights, IL	$1,200	$2,000	$2,225	$2,600

Top Neighborhoods Near Schaumburg

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Schaumburg

There are a total of 8 counties located by Schaumburg, IL. Some of these counties include Leyden, IL, Bloomingdale, IL, and Palatine, IL. The average rent for rentals in these counties is $2,448. That's roughly around $23 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Leyden, IL. Its average rent per month is $1,898. Vice versa, with an average rent of $2,548, Maine, IL is the most expensive county by Schaumburg, IL.

In comparison, rent for one bedroom listings in Schaumburg, IL is 24.08% more expensive than other counties nearby. Finally, rent for two bedrooms in Schaumburg, IL is 14.00% 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	N/A	$1,488	$1,895	$1,898
Bloomingdale, IL	N/A	$1,600	$1,898	$2,075
Palatine, IL	$1,300	$2,186	$1,950	$2,300
Hanover, IL	$1,350	$1,740	$2,250	$2,395
Schaumburg, IL	N/A	$1,568	$2,300	$2,500
Elk Grove, IL	N/A	$2,025	$1,999	$2,500
Wheeling, IL	$1,200	$2,000	$2,000	$2,500
Maine, IL	N/A	$1,650	$2,100	$2,548

Top Zipcodes Near Schaumburg

Zipcode	Studio	1 Bed	2 Bed	All

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 $2,400. 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 $2,233 and an average price per square feet of $33.37. There are a total of 26 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 $2,325 and an average price per square feet of $23.20. There are a total of 56 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 0.11%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by -0.06% year-over-year.

What is a reasonable rent price in Schaumburg, IL?

A reasonable rent price in Schaumburg, IL is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.