Cheap Homes for Rent in Schaumburg, IL from $1,300 (39 Rentals)

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property at 206 W Hartford Dr

206 W Hartford Dr

SchaumburgIL60193

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 56 N Victoria Ln

56 N Victoria Ln

StreamwoodIL60107
property at 555 Hill Dr

555 Hill Dr, Unit 207

555 Hill Dr
Hoffman EstatesIL60169
property at 56 N Victoria Ln

56 N Victoria Ln

StreamwoodIL60107

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-39, Page 1 of 1

Schaumburg, IL Local Guide

Cheapest Available Schaumburg Apartments for Rent

 

The cheapest available apartment rental in Schaumburg, IL is a Studio unit found at Enclave Apartments of Hoffman Estates in the Far Northwest Suburban Cook neighborhood priced from $1,150. Orchard Hills Apartments in the East Streamwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Schaumburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Enclave Apartments of Hoffman EstatesStudioStudio,1BA$1,150
Orchard Hills ApartmentsA1BR,1BA$1,195
Plum GroveTwo Room StudioStudio,1BA$1,300
Barrington Lakes ApartmentsStudioStudio,1BA$1,365
The Preserve at WoodfieldElk1BR,1BA$1,375
Village in the Park ApartmentsWhitney studioStudio,1BA$1,410
Village Park Apartments, LLCA1/3-700-X1BR,1BA$1,450
Fieldpointe of SchaumburgMaple (A3)1BR,1BA$1,499
The Grove at Schaumburg ApartmentsLily1BR,1BA$1,503
Willow Crossing ApartmentsDaisy1BR,1BA$1,515

Best Value Apartments for Rent in Schaumburg, IL

As of September 19, 2025 the best value apartment in the Schaumburg area is the $1.84 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,443. The second greatest value Schaumburg apartment is the Labrador Model at Willow Bend Apartments starting at $2,060 with a $1.65 price per square foot in the Des Plaines Arlington Hts Corridor 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.
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.84
Willow Bend ApartmentsLabrador2BR,1.5BA$1.65
Orchard Hills ApartmentsD2BR,1BA$1.67
Hanover Park Blu ApartmentsThe Barrington2BR,1BA$1.76
Woodbury Place Apartments1 Bedroom Floor Plan A11BR,1BA$1.96
The Preserve at WoodfieldElk1BR,1BA$1.72
Savannah Trace ApartmentsTara1BR,1BA$2.21
Colonial Village ApartmentsOne Bed1BR,1BA$2.00
Village Grove Apartments - 62 +2nd Floor Premier1BR,1BA$1.75
Hoffman Hills Apartments1 Bed 1 Bath Renovated1BR,1BA$2.25

Quick Rent Budget Calculator

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Best Local Schools in
Schaumburg, IL

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

Explore Schaumburg, IL Rentals by Map

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Frequently Asked Questions about Schaumburg

What type of rentals are currently available in Schaumburg?

There are currently 159 Apartments for Rent in Schaumburg, IL with pricing that ranges from $1,150 to $8,421. There are also 230 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schaumburg ranging from $1,500 to $6,950.

What is the current price range for Rental Homes in Schaumburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Schaumburg ranges from $1,500 to $6,950 with an average monthly rent of $3,020.

How much are larger Three and Four Bedroom Rentals in Schaumburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Schaumburg range from $2,005 to $7,302, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,599 and Four Bedroom Apartments start at $6,067.

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.

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

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.