Schaumburg, IL Rental Market Trends
Last updated: December 06, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Schaumburg is $1,935, a 2.31% increase compared to the previous year, when the average rent was $1,891.
Studio Apartments at $1,499 offer the most budget-friendly option with 493 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 731 square feet for $1,763, balancing privacy and affordability.
Two-beedroom units at $2,167 offer 1,013 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,193 sq ft) for $2,297, suitable for larger households.
Average rent in Schaumburg, IL
Last updated: December 06, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,935 | 850 sq. ft. |
| Studio | $1,499 | 493 sq. ft. |
| 1 Bed | $1,763 | 731 sq. ft. |
| 2 Beds | $2,167 | 1,013 sq. ft. |
| 3 Beds | $2,297 | 1,193 sq. ft. |
Schaumburg, IL rent trends
Rental prices in Schaumburg, IL have increased by 2.31% over the past year. The average rent moved from $1,891 to $1,935.
What's the typical rent budget in Schaumburg, IL?
The largest share of rentals in Schaumburg, IL (59%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Schaumburg, IL?
12,232 or 38% of the households in Schaumburg, IL are renter-occupied while 19,782 or 62% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Schaumburg apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.