Rental Market Trends in Schaumburg, IL

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The average rent in Schaumburg, IL, as of June 2025, is approximately $888 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

Market summary

Data is based on rental rates on sulekha.com. Last updated in June 2025.

Average Rental Price Over Time

How much has the average rent changed in Schaumburg, IL?

The average rent for all property types is $888,which is 0% increase compared to the previous year.

2023
2024

Occupied Housing Units in Schaumburg, IL

Property

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Schaumburg, ILvs

$888

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Neighborhood Rent Trends in Schaumburg, IL

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Neighborhoods	Average rent
Grand Boulevard, IL	$970
Brighton Park, IL	$875
Garfield Ridge, IL	$875
Norridge, IL	$850
Middlebury, IL	$650

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FAQs

Answers to Your Rental Questions

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What is the average rent in Schaumburg, IL?

The average rent in Schaumburg, IL is around $888 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Schaumburg, IL.
How many rentals are available in Schaumburg, IL?

Currently, there are 3 rental properties available in Schaumburg, IL. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Schaumburg, IL, you have plenty of choices to explore!
What are the best neighborhoods to rent in Schaumburg, IL?
If you're looking for budget-friendly neighborhoods in Schaumburg, IL, consider these options:
- West Garfield Park: Average rent is $1035 per month.
- North Lawndale: Average rent is $1014 per month.
- Avalon Park: Average rent is $1000 per month.
- Lower West Side: Average rent is $1000 per month.
- Mount Greenwood: Average rent is $1000 per month.
- West Englewood: Average rent is $1000 per month.
These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.
What are the most affordable neighborhoods in Schaumburg, IL?
The most expensive neighborhoods in Schaumburg, IL are:
- West Elsdon: Average rent is $891 per month.
- Middlebury: Average rent is $650 per month.
- Englewood: Average rent is $800 per month.
- North Lawndale: Average rent is $1014 per month.
- Gage Park: Average rent is $971 per month.
- Grand Boulevard: Average rent is $936 per month.
How much has the average rent changed in Schaumburg, IL?

Over the past year, the average rent in Schaumburg, IL have increased by approximately 0%, which translates to $74 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.
How much has the rent in Schaumburg, IL increased or decreased in the last month?

The Average rent price in Schaumburg, IL for June 2025 is $888, which is $57 less than in May.