Cheap Apartments for Rent in Schaumburg, IL from $900 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Schaumburg.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Waterbury Apartments
1 Bedroom Apartments

Waterbury Apartments

403-407 Dorchester StRoselle, IL 60172
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Bloomingdale Horizon
1 to 2 Bedroom Apartments

Bloomingdale Horizon

160 W Lake StBloomingdale, IL 60108
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East Park Apartments
2 Bedroom Apartments

East Park Apartments

2272 Algonquin PkyRolling Meadows, IL 60008
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Tall Pines
2 Bedroom Apartments

Tall Pines

27 S Roselle RdRoselle, IL 60172
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Fox Grove
2 Bedroom Apartments

Fox Grove

743 E Irving Park RdRoselle, IL 60172
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Orion Elk Grove
1 to 2 Bedroom Apartments

Orion Elk Grove

991 Charlela LnElk Grove Village, IL 60007
Showing Results 1-32, Page 1 of 1

Schaumburg, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Available Schaumburg Apartments for Rent

 

The cheapest available apartment rental in Schaumburg, IL is a 1 Bed unit found at Orchard Hills Apartments in the East Streamwood neighborhood priced from $1,195. Plum Grove in the Pleasant Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Schaumburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Orchard Hills ApartmentsA1BR,1BA$1,195
Plum GroveTwo Room StudioStudio,1BA$1,300
Hanover Park Blu ApartmentsThe Geneva1BR,1BA$1,300
The Preserve at WoodfieldElk1BR,1BA$1,315
Colonial VillageOne Bedroom, Standard1BR,1BA$1,355
Orion Elk GroveThe Eagle1BR,1BA$1,471
The Grove at Schaumburg ApartmentsLily1BR,1BA$1,477
Barrington Lakes ApartmentsOne Bedroom1BR,1BA$1,480
Fieldpointe of SchaumburgWillowStudio,1BA$1,494
Village in the Park ApartmentsArden Plus1BR,1BA$1,520

Best Value Apartments for Rent in Schaumburg, IL

As of February 27, 2025 the best value apartment in the Schaumburg area is the $2.03 price per square foot Bichon Model at Willow Bend Apartments in the in the Des Plaines Arlington Hts Corridor neighborhood starting from $2,329. The second greatest value Schaumburg apartment is the Two Bedroom Split Model at Barrington Lakes Apartments starting at $1,885 with a $1.90 price per square foot in the West Streamwood neighborhood. Here is today’s list of the best values for Schaumburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Bend ApartmentsBichon2BR,1.5BA$2.03
Barrington Lakes ApartmentsTwo Bedroom Split2BR,2BA$1.90
Woodbury Place Apartments2 Bedroom Floor Plan B12BR,1BA$1.80
The Preserve at WoodfieldArbor2BR,1BA$1.68
Enclave Apartments of Hoffman Estates2 Bedroom2BR,2BA$1.66
ReNew Poplar CreekAstor1BR,1BA$2.00
Colonial VillageOne Bedroom, Standard1BR,1BA$1.72
Schaumburg- International Village1 Bedroom 1 Bath1BR,1BA$2.17
Hoffman Hills Apartments1 Bed 1 Bath Remodel1BR,1BA$2.21
Hanover Park Blu ApartmentsThe Lincoln1BR,1BA$2.03

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Schaumburg Overview

Located less than thirty miles northwest of Chicago, Schaumburg is an on-the-move suburb brimming with opportunity. Considered part of the famed 'golden corridor' of Illinois, Schaumburg boasts a population of just under 75K.

Why live in Schaumburg, IL?

Home to one of the only Ikea shopping centers in the state, Schaumburg apartments are close to a number of employers such as Motorola and Zurich, as well as a wide range of universities. With the Chicago nightlife and museums scene right around the corner, Schaumburg rentals truly offer a winning mix of all that life in Illinois has to offer.

Best Local Schools in
Schaumburg, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Schaumburg, IL Rentals by Map

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See the most popular apartments and homes in Schaumburg, IL

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Getting Around Schaumburg, IL

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Schaumburg Apartments

What is the Cheapest Studio apartment in Schaumburg?

Currently the most affordable Cheap Studio Apartment in Schaumburg is at Plum Grove listed at $1,300.

How much is rent for a Cheap One Bedroom Schaumburg Apartment?

The lowest price for a Cheap One Bedroom Schaumburg Apartment is $1,195 at Orchard Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Schaumburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Schaumburg is starting from $1,528 at Enclave Apartments of Hoffman Estates.

What is the most affordable Schaumburg Three Bedroom Apartment?

The best deal on a cheap Schaumburg Three Bedroom Apartment rental is at Colonial Village and starts from $1,915.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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