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Rental market trends in Schaumburg, IL

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Average Rent in Schaumburg, IL

Average Rent in Schaumburg, IL

Avg. RentAnnual Change
Studio - $1,544+6%
1 Bed - $1,654+5%
2 Beds - $1,974+4%
Last updated 5/19/2024

Average Apartment Cost in Schaumburg, IL

The average rent for apartments in Schaumburg, IL, is between $1,544 and $1,974 in 2024. For a studio apartment in Schaumburg, IL, the average rent is $1,544. When it comes to 1-bedroom apartments, the average rent in Schaumburg, IL, is $1,654. For a 2-bedroom apartment, the average rent is $1,974.

Apartment Rent Ranges in Schaumburg, IL

Apartment PricesProportion
0%
0%
0%
47%
53%

How Other Cities Compare to Schaumburg, IL

CityStudio Avg RentAnnual Change
Palatine$2,020+4%
Elmhurst$1,968+2%
Lombard$1,494-7%
Naperville$1,462-20%
Oak Lawn$1,450--
Chicago$1,383+10%
Evanston$1,360+4%
Aurora$1,325+5%
Lisle$1,319-24%
Bolingbrook$1,282+21%
Downers Grove$1,255+5%
Dekalb$1,005--
Wheaton$990-46%
Joliet$962+8%
Waukegan$905+3%
Kenosha$875+35%
Hammond$870+13%
Elgin$750--
City1 Bed Avg RentAnnual Change
Palatine$2,082+49%
Naperville$1,910+17%
Chicago$1,849+2%
Plainfield$1,800+3%
Elmhurst$1,797+4%
Elgin$1,785-1%
Wheaton$1,737+2%
Glenview$1,720+15%
Bloomingdale$1,668+5%
Arlington Heights$1,625+6%
Bolingbrook$1,587+40%
Downers Grove$1,555-5%
Lisle$1,546+11%
Aurora$1,470+5%
Waukegan$1,277+19%
Highland$1,1250%
Joliet$1,090+8%
Kenosha$1,075-3%
Hammond$1,049+20%
Dekalb$955+1%
Batavia$9400%
City2 Beds Avg RentAnnual Change
Chicago$2,502+5%
Naperville$2,465+26%
Evanston$2,447+12%
Palatine$2,442+44%
Elgin$2,3810%
Plainfield$2,250+13%
Elmhurst$2,210+4%
Arlington Heights$2,117+9%
Lombard$2,073-14%
Bloomingdale$2,055+10%
Wheaton$2,010+11%
Aurora$1,929+4%
Glenview$1,820-9%
Bolingbrook$1,8120%
Lisle$1,732+14%
Downers Grove$1,724-8%
Oak Lawn$1,495+7%
Waukegan$1,4500%
Kenosha$1,346+1%
Highland$1,300-34%
Joliet$1,292-4%
Batavia$1,2700%
Hammond$1,200+12%
Dekalb$1,127+8%

Schaumburg, IL Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$1467$1467$1420$1433$1433$1433$1484$1484$1457$1508$1508$1544$1544
$1585$1602$1596$1605$1584$1583$1573$1590$1635$1644$1647$1654$1682
$1904$1905$1931$1910$1884$1900$1889$1889$1948$1947$1947$1975$1978
$2142$2142$2142$2142$2142$2142$2142$2142$2142$2142$2142$2142$2142

Nearby Listings

  • TGM Park Meadows property

    $1,755+

    TGM Park Meadows

    1–2 Beds • 1–2 Baths

    635–1040 Sqft

    9 Units Available

  • Furnished Studio - Chicago - Schaumburg - I-90 property

    $6,000

    Furnished Studio - Chicago - Schaumburg - I-90

    Studio • 1 Bath

    300 Sqft

    Contact for Availability

  • The Lakes Of Schaumburg property

    $1,620+

    The Lakes Of Schaumburg

    1–2 Beds • 1–2 Baths

    560–935 Sqft

    1 Unit Available

  • 21 Kristin property

    $1,509+

    21 Kristin

    1–3 Beds • 1–2 Baths

    760–1250 Sqft

    10+ Units Available

  • Furnished Studio - Chicago - Woodfield Mall property

    $1,800

    Furnished Studio - Chicago - Woodfield Mall

    Studio • 1 Bath

    300 Sqft

    Contact for Availability

  • Furnished Studio - Chicago - Schaumburg - Convention Center property

    $6,000

    Furnished Studio - Chicago - Schaumburg - Convention Center

    Studio • 1 Bath

    300 Sqft

    Contact for Availability