Apartments in Schaumburg

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$1,220 - 1,635
201 Remington Circle Schaumburg, IL
1 - 2 BR | Available Now
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
$1,700
Schaumburg, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
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How much does it cost to rent an apartment in Schaumburg?

Schaumburg Apartments
Bed Type Average Rent Range
Studio $1,380 $1,340 - $6,000
1BR $1,850 $1,190 - $2,800
2BR $2,260 $1,620 - $3,990
3BR $3,250 $940 - $5,500

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Schaumburg:
August Rent Report

Welcome to the August 2025 Schaumburg Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2025 key findings and figures for the Schaumburg rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Schaumburg and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Schaumburg average rent prices in the chart below.

Monthly Rent Report

$2,600
$1,950
$1,300
$650
$0
Sep. 2024
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1 BR       2 BR

Schaumburg Rent Prices Decrease From July to August

Schaumburg rent prices decreased over the last month. From July to August, the city experienced a -1.8% decrease for the price of a one-bedroom apartment. The rent price for a Schaumburg one-bedroom apartments currently stands at $2,013.0.

When we take a look at the two-bedroom comparison from July to August, Schaumburg experienced a -3.87% decrease for the price of a two-bedroom apartment. The rent price for a Schaumburg two-bedroom apartments currently stands at $2,309.0.

August Prices: Schaumburg vs. Surrounding Areas

Rent Prices in Schaumburg and Surrounding Areas

Rent prices have decreased in Schaumburg over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Schaumburg suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Schaumburg suburbs

  • Rents did not decrease in any of the Schaumburg suburbs.

August 2025 Pricing Trends: Schaumburg vs. National Comparisons

Schaumburg Rent Prices More Affordable Than Major Cities

Rent growth in Schaumburg over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Schaumburg average rent prices appear to be relatively affordable for local residents.

The price for a Schaumburg one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Schaumburg and surrounding area rent prices, take a look at the complete data set below.

Data set for Schaumburg and suburbs

1 BR August 1 BR M/M % Change 2 BR August 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.