Last updated on October 21, 2026

Average rent in
Schaumburg, IL

Key takeaways for renters

  • The bottom line

    Schaumburg, IL rent slipped 4.3% year over year, with a current median of $2,200/month. Renters today are paying $135 less per month on average than last year, continuing a downward trend since the peak of $2,284/month in September 2025.

  • Schaumburg sits 15.8% more expensive than the $1,900/month national median, positioning it as a pricier suburban market with a limited total rental inventory of 58 units.

  • Price ranges

    Studio rents in Schaumburg run around $1,385/month, 1-bedrooms at $1,945/month, and 2-bedrooms at $2,200/month, with 3-bedrooms at $2,900/month and 4+ bedrooms at $3,350/month. These bedroom tiers represent the range most renters target.

  • Neighborhood spotlight

    Studio rents fell by 23.8% year over year, diverging from the citywide decline of 4.3%. This steep drop in the studio segment contrasts with smaller changes in larger bedroom tiers in Schaumburg, IL.

Median rent

Median rent in Schaumburg

$2,200/mo

decreased by4%

vs previous year

The average rent in Schaumburg is $2,200 per month as of October 2026. This is 16% above the national average rent, or $300 more per month.

$2.15

average price per square foot

Total rentals

Available rentals in Schaumburg

58

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Schaumburg rentals at each price point

85%64%43%21%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Schaumburg, IL

Average rent prices in Schaumburg have decreased by 2% over the last month and have decreased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Schaumburg, IL

Rent prices in Schaumburg vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Schaumburg is $1,979, whereas a house costs $2,500. 1-bedroom apartments in Schaumburg run $1,708 on average, while 2-bedroom apartments are $1,989.

Listings

Studio

$1,385

No Change

36%

1 bedroom

$1,945

1%

5%

2 bedroom

$2,200

No Change

4%

3 bedroom

$2,900

6%

5%

4 bedroom

$3,350

4%

22%

Studio

Average rent

$1,385

Last year

36%

1 bedroom

Average rent

$1,945

Last 30 days

1%

Last year

5%

2 bedroom

Average rent

$2,200

Last 30 days

No Change

Last year

4%

3 bedroom

Average rent

$2,900

Last 30 days

6%

Last year

5%

4 bedroom

Average rent

$3,350

Last 30 days

4%

Last year

22%

The table above reflects average rent prices in Schaumburg, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Schaumburg, IL compare to other cities?

Compare median rent prices in Schaumburg and Arlington Heights by all bedroom counts and property types.

Schaumburg

Median rent price$2,200
increased by16%

higher than the national median

Median rent price$2,063
increased by9%

higher than the national median

Takeaway

The median rent for all rentals in Schaumburg, IL is 7% higher than the median rent in Arlington Heights, IL.

Discover rentals in Schaumburg, IL

21 Kristin - Photo 1 of 1
3D tour

10h ago

9.9

Excellent

Our team has verified this company

Verified

21 Kristin

21 Kristin Dr, Schaumburg, IL 60195

1–3 beds

1–2 baths

$1,609–$3,062

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Call

Village in the Park Apartments - Photo 1 of 1

21h ago

8.6

Very good

Village in the Park Apartments

1417 Valley Lake Dr, Schaumburg, IL 60195

Studio–2 beds

1–2 baths

$1,380–$2,210

The Grove at Schaumburg Apartments - Photo 1 of 1
Highly rated

1d ago

8.5

Very good

The Grove at Schaumburg Apartments

305 Cambia Dr, Schaumburg, IL 60193

1–2 beds

1 bath

$1,480–$2,639

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
703 Waterford Rd S #2B - Photo 1 of 1

5d+ ago

Condo for rent in Schaumburg

Residential Lease, Schaumburg, IL

703 Waterford Rd S #2B, Schaumburg, IL 60193

2 beds

2 baths

$1,950

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Schaumburg, IL

Quick answers to common questions about the Schaumburg rental market.

How much is rent in Schaumburg?

The average rent in Schaumburg is $2,200 per month as of October 17, 2026.

Is rent up or down in Schaumburg?

Average rent prices in Schaumburg have decreased by 2% over the last month and have decreased by 4% since last year.

How does Schaumburg rent compare to the national average?

Rent in Schaumburg is 16% above the national average, which means renters are paying approximately $300 more per month.

What salary do I need to afford rent in Schaumburg?

To comfortably afford rent in Schaumburg, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Schaumburg?

February offers the lowest rents in Schaumburg, running about 6.8% lower than October's peak prices, making it the best month for budget-conscious apartment hunting.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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