
Cheap Homes for Rent in Schaumburg, IL from $1,600 (56 Rentals)
Search the lowest-cost Homes available for rent right now in Schaumburg.


1104 S Springinsguth Rd, Unit 1A

3255 Kirchoff Rd

1463 Mercury Dr, Unit 202

1460 Fairlane Dr, Unit 119

3265 Kirchoff Rd

50 Wisteria Ln

43 Wisteria Ln

31 Wisteria Ln

11 Wisteria Ln
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

1640 Burberry Ln

1671 E Greenbriar Dr

1661 E Greenbriar Dr

1693 Lincoln Meadows Cir

1467 Fremont Dr

2612 Pirates Cove

2510 W Algonquin Rd, Unit 15

900 S Plum Grove Rd

5201 Carriage Way Dr

1319 S Princeton Ave

1484 Cornell Terrace

34 Tonset Ct

75 Kristin Cir

680 E Algonquin Rd

21 Wisteria Ln

1806 Hemlock Pl

1301 Williamsburg Dr

1630 Lincoln Meadows Cir

1701 Wildflower Ct

1721 Buttonwood Cir

53 Aster Dr

83 Aster Dr

690 E Algonquin Rd

1611 Buttonwood Cir

22 Burberry Cir

2944 Heatherwood Dr

2814 Meadow Ln

101 Bar Harbour Rd

700 E Algonquin Rd

609 Hanover Ct

1945 Hancock Dr

1708 Ardwick Dr, Unit 402

1945 Hancock Dr

670 E Algonquin Rd

93 Aster Dr

917 Knottingham Dr

179 Hazelnut Dr

1960 Liberty Pl

276 Nantucket 276

620 Berkley Ct
Schaumburg, IL Local Guide

How much does it cost to rent a home in Schaumburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Schaumburg 2 Bedroom Homes for Rent | $2,308 | $1,700 | $3,300 |
Schaumburg 3 Bedroom Homes for Rent | $2,767 | $2,195 | $3,750 |
Schaumburg 4 Bedroom Homes for Rent | $2,995 | $1,920 | $3,700 |
Browse Top Homes for Rent in Schaumburg
Explore Schaumburg
Schaumburg, IL Local Guide
- Schaumburg Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Neighborhoods for Apartments in Schaumburg, IL
Pricing Updated: 03/20/2025Current apartment rentals in the Schaumburg, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Schaumburg Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|
Cheapest Available Schaumburg Apartments for Rent
 The cheapest available apartment rental in Schaumburg, IL is a Studio unit found at Hoffman Hills Apartments in the East Streamwood neighborhood priced from $1,145. Enclave Apartments of Hoffman Estates in the East Streamwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Schaumburg apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hoffman Hills Apartments | Studio | Studio,1BA | $1,145 |
Enclave Apartments of Hoffman Estates | Studio | Studio,1BA | $1,150 |
Orchard Hills Apartments | A | 1BR,1BA | $1,195 |
Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
Colonial Village | One Bedroom, Standard | 1BR,1BA | $1,355 |
Hanover Park Blu Apartments | The Lincoln | 1BR,1BA | $1,370 |
The Preserve at Woodfield | Elk | 1BR,1BA | $1,425 |
21 Kristin | 1Ax1R | 1BR,1BA | $1,439 |
Barrington Lakes Apartments | One Bedroom | 1BR,1BA | $1,465 |
Village in the Park Apartments | Forrester | 1BR,1BA | $1,470 |
Best Value Apartments for Rent in Schaumburg, IL
As of March 21, 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 3x2Pier Model at The Ponds on Plum Grove starting at $2,165 with a $1.84 price per square foot in the Far Northwest Suburban Cook neighborhood. Here is today’s list of the best values for Schaumburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.84 |
The Ponds on Plum Grove | 3x2Pier | 3BR,2BA | $1.84 |
Willow Bend Apartments | Bichon | 2BR,1.5BA | $2.06 |
Barrington Lakes Apartments | Two Bedroom Split | 2BR,2BA | $1.95 |
Woodbury Place Apartments | 2 Bedroom Floor Plan B1 | 2BR,1BA | $1.83 |
ReNew Poplar Creek | Bishop | 2BR,1BA | $1.89 |
Orchard Hills Apartments | D | 2BR,1BA | $1.67 |
The Preserve at Woodfield | Elk | 1BR,1BA | $1.78 |
Colonial Village | One Bedroom, Standard | 1BR,1BA | $1.72 |
Hanover Park Blu Apartments | The Lincoln | 1BR,1BA | $2.03 |
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Frequently Asked Questions about Schaumburg
What type of rentals are currently available in Schaumburg?
There are currently 162 Apartments for Rent in Schaumburg, IL with pricing that ranges from $1,135 to $8,622. There are also 133 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schaumburg ranging from $1,650 to $3,750.
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 $1,650 to $3,750 with an average monthly rent of $2,526.
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.