New Apartments for Rent in Schaumburg, IL (9 Rentals)

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680 E Algonquin Rd
Built in 20171 to 2 Bedroom Apartments

680 E Algonquin Rd

680 E Algonquin RdSchaumburg, IL 60173

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Roselle Station
Built in 20212 Bedroom Apartments

Roselle Station

830 E Irving Park RdRoselle, IL 60172

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

Schaumburg, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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.

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

Explore Schaumburg, IL Rentals by Map

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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

Frequently Asked Questions about New Schaumburg Apartments

What is the Cheapest New apartment in Schaumburg?

Currently the most affordable New Apartment in Schaumburg is at The Residences at Payton Place listed at $1,694.

How much is the average rent for a New Schaumburg Apartment?

The average rent for a New Apartment in Schaumburg is $3,175.

What is the largest New Schaumburg Apartment for rent?

Today's New apartment with the most square footage in Schaumburg is a 1,541 square feet unit starting from $1,694 at The Residences at Payton Place.

What is the average size for Schaumburg New Apartments for rent?

The average size for a New rental in Schaumburg is currently at 574 sq ft.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.