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Schaumburg, IL Condos for Rent

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  • /34

    $1,979 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Chicago - Woodfield Mall

    1200 American Ln, Schaumburg, IL 60173

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Chicago - Woodfield Mall

    1200 American Ln, Schaumburg, IL 60173
  • /35

    $3,787 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Chicago - Schaumburg - I-90

    2000 N Roselle Rd, Schaumburg, IL 60195

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Chicago - Schaumburg - I-90

    2000 N Roselle Rd, Schaumburg, IL 60195
  • /31

    $3,240 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Chicago - Schaumburg - Convention Center

    51 E State Pkwy, Schaumburg, IL 60173

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Chicago - Schaumburg - Convention Center

    51 E State Pkwy, Schaumburg, IL 60173
  • /20

    $2,892 Per Month

    • 1 Bed
    • 1 Bath
    • 826 Sq Ft
    • Condo for Rent

    2200 Progress Pkwy Unit 265, Schaumburg, IL 60173

    Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $2892/mo12-Month+ Stay base rent: starts at $2892/moLanding's apartments at Element at Veridian

    2200 Progress Pkwy Unit 265, Schaumburg, IL 60173
  • /20

    $8,945

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • Condo for Rent

    227 Wakefield Ln Unit SI ID1032510P, Schaumburg, IL 60193

    The advertised rate of $8,946/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 10, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    227 Wakefield Ln Unit SI ID1032510P, Schaumburg, IL 60193
  • /20

    $3,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,199 Sq Ft
    • Condo for Rent

    2200 Progress Pkwy Unit 168, Schaumburg, IL 60173

    Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $3300/mo12-Month+ Stay base rent: starts at $3300/moLanding's apartments at Element at Veridian

    2200 Progress Pkwy Unit 168, Schaumburg, IL 60173
  • /20

    $3,530 Per Month

    • 2 Beds
    • 2 Baths
    • 1,199 Sq Ft
    • Condo for Rent

    2200 Progress Pkwy Unit 118, Schaumburg, IL 60173

    Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $3525/mo12-Month+ Stay base rent: starts at $3530/moLanding's apartments at Element at Veridian

    2200 Progress Pkwy Unit 118, Schaumburg, IL 60173
  • /14

    $11,923

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    1908 Kingsley Dr Unit SI ID1285094P, Schaumburg, IL 60194

    The advertised rate of $11,924/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 1, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    1908 Kingsley Dr Unit SI ID1285094P, Schaumburg, IL 60194
  • /14

    $11,923

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    1821 Altoona Ct Unit SI ID1285095P, Schaumburg, IL 60194

    The advertised rate of $11,924/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 1, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    1821 Altoona Ct Unit SI ID1285095P, Schaumburg, IL 60194
  • /20

    $2,889 Per Month

    • 1 Bed
    • 1 Bath
    • 975 Sq Ft
    • Condo for Rent

    2200 Progress Pkwy Unit 441, Schaumburg, IL 60173

    Landing is a top-rated, fully furnished apartment network with thousands of homes across 250+ U.S. cities. With premium amenities, a mobile app to manage your stay, and 24/7 support. Our apartments have everything you need for monthly and longer stays. 6-Month+ Stay base rent: starts at $2889/mo12-Month+ Stay base rent: starts at $2889/moLanding's apartments at Element at Veridian

    2200 Progress Pkwy Unit 441, Schaumburg, IL 60173
  • /15

    $2,250

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    82 Holmes Way Unit 2, Schaumburg, IL 60193

    FANTASTIC UPDATED 2 BEDROOM RENTAL IN HIGHLY DESIRABLE TOWN PLACE WEST! This bright and spacious home features vaulted ceilings, an open-concept floor plan, and abundant natural light throughout. The updated kitchen offers maple cabinetry, generous counter space, ample storage, and a large walk-in pantry. The beautifully renovated bathroom includes travertine tile and a maple vanity. The

    82 Holmes Way Unit 2, Schaumburg, IL 60193
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    $1,600

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 850 Sq Ft
    • Condo for Rent

    1009 Buccaneer Dr Unit 3, Schaumburg, IL 60173

    2 bedroom 2 bathroom condo for rent..- Close to 53/90/290, Motorola, Woodfield Mall, IKEA, and Harper College- Palatine Elementary District 15 (Hunting Ridge Elementary and Plum Grove Jr. High)- Palatine High School District 211 (William Fremd High)- Over the range microwave/dishwasher/garbage disposal- Washer and Dryer is coin operated in the building and

    1009 Buccaneer Dr Unit 3, Schaumburg, IL 60173
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    $2,250

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    220 Oak Knoll Ct Unit B2, Schaumburg, IL 60193

    Please text me if you can.Nicely updated! Brand new carpet thru-out! Gorgeous kitchen with custom cabinetry; large pantry! Six-panel oak doors & oak trim thru-out! New windows & patio doors. HUGE living room with fireplace & patio doors leading to a balcony overlooking the beautiful courtyard area. Spacious master bedroom with private bath & walk-in closet. Laundry in unit. Fantastic

    220 Oak Knoll Ct Unit B2, Schaumburg, IL 60193
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    $2,050

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    1919 Prairie Square Unit Stillwater, Schaumburg, IL 60173

    1919 Prairie Square Unit Stillwater, Schaumburg, IL 60173
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    $2,200

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • Condo for Rent

    214 Scarsdale Ct Unit D1, Schaumburg, IL 60193

    Best Location in town. Fabulous bright and quiet 2 bed 2 bath 1 car garage with second car in the driveway in the most desired, award winning Schaumburg school district. Backs to a quiet large open well maintained area and walking trails. Light and bright 1st Floor unit with two spacious bedrooms with beautiful nature views from both bedrooms and Master Bedroom En-suite and walk in Closet. Large

    214 Scarsdale Ct Unit D1, Schaumburg, IL 60193
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    $2,199

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    122 Mullingar Ct, Schaumburg, IL 60193

    ALL UTILITIES PAID. Clean 2 Bedroom 2 Bathroom spacious luxury private condo unit on second floor located in heart of Schaumburg. Separate walk-in closet in Master Bedroom. All appliances included. Rent includes utilities such as gas, water, sewer, trash etc. Complex has swimming pool, walking trails, and pond. The unit available on a year lease basis. Reserved car parking spot is optional.

    122 Mullingar Ct, Schaumburg, IL 60193
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    $2,995

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,250 Sq Ft
    • Condo for Rent

    2991 Belle Ln Unit 1, Schaumburg, IL 60193

    Listing presented by Marshall Lee, licensed leasing agent with Fulton Grace.Beautiful townhome with newer carpet, soaring vaulted ceilings, fireplace, separate dining room, eat-in kitchen with stainless steel appliances + dishwasher, extra large 2 car garage with room for storage, washer/dryer in unit and central heat/ac. Wonderful home for a family or anyone desiring extra space. Rear of

    2991 Belle Ln Unit 1, Schaumburg, IL 60193
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    $1,550

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 925 Sq Ft
    • Condo for Rent

    520 Hill Dr Unit 304, Hoffman Estates, IL 60169

    520 Hill Dr Unit 304, Hoffman Estates, IL 60169
  • /2

    $2,200 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    201 Maplebrook Ct Unit 1926, Schaumburg, IL 60194

    Rarely available first-floor coach home tucked away on a quiet cul-de-sac! This move-in-ready home features 2 bedrooms and 2 full bathrooms with a bright, spacious living room that opens to a private patio through a sliding glass door. The separate dining room overlooks both the living room and the eat-in kitchen, which offers ceramic tile flooring, a stylish backsplash, pantry, and stainless

    Tom Cunningham Baird & Warner

    201 Maplebrook Ct Unit 1926, Schaumburg, IL 60194
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    $7,827

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • Condo for Rent

    908 Long Meadow Dr Unit SI ID1032508P, Schaumburg, IL 60193

    The advertised rate of $7,827/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 23, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    908 Long Meadow Dr Unit SI ID1032508P, Schaumburg, IL 60193
  • /17

    $2,350 Per Month

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    199 Dublin Ct Unit V2, Schaumburg, IL 60194

    Move-in Ready Spacious 2 Bed/2 Full Bath Second Level Coach Home in a very safe Towne Place Subdivision, AVAILABLE September 1, 2026! Has newer carpet throughout, LG front loading washer/dryer in unit, just installed a New A/C unit. Vaulted ceilings in the living room and dining room space allow ample sun into the space, double sliding doors lead into a nice size balcony overlooking landscaped

    Elias Washington Coldwell Banker Realty

    199 Dublin Ct Unit V2, Schaumburg, IL 60194
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    $2,200 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    75 Kristin Cir Unit 512, Schaumburg, IL 60195

    Stunning 5th-Floor Condo in Prime Schaumburg Location! Welcome home to this beautifully updated and impeccably maintained 5th-floor condo in one of Schaumburg's most desirable locations. This spacious unit features 2 bedrooms, 2 updated bathrooms, and elegant hardwood flooring throughout.The bright, open-concept floor plan is filled with natural light and highlights a modernized kitchen with

    75 Kristin Cir Unit 512, Schaumburg, IL 60195
  • /15

    $1,995 Per Month

    • 2 Beds
    • 2 Baths
    • 1,104 Sq Ft
    • Condo for Rent

    826 Thornton Ct Unit 2AL, Schaumburg, IL 60193

    Welcome to this beautifully appointed 2-bedroom, 2-bath condo nestled in the desirable Kingsport Estates community. This top-floor gem boasts 1,100 square feet of living space and a spacious and thoughtfully designed layout. The open living room and dining room features a brick-surround fireplace, perfect for cozy gatherings, and sliders leading to the large private balcony. The spacious kitchen

    Kelly Baysinger Compass

    826 Thornton Ct Unit 2AL, Schaumburg, IL 60193
  • /8

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    1463 Mercury Dr Unit 413, Schaumburg, IL 60193

    GORGEOUS! 2 BEDROOM, 1 BATH 4TH FLOOR UNIT! UPDATED KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS APPLIANCES! RECENTLY PAINTED, NEWER FLOORING THROUGHOUT!!! GAS AND WATER INCLUDED! CLOSE TO METRA AND EXPRESSWAY!!TENNIS COURTS, SWIMMING POOL!! GOOD CREDIT A MUST! AVAILABLE JULY 1! SORRY, DOGS NOT ALLOWED PER BUILDING. OWNER IS ILLINOIS LICENSED BROKER

    John Tillotson RE/MAX Suburban

    1463 Mercury Dr Unit 413, Schaumburg, IL 60193
  • /21

    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    380 Heather Ct Unit 2B, Schaumburg, IL 60193

    AVAILABLE IMMEDIATLY! LOVLEY 2 BED, 2 BATH CONDO. 2ND FLOOR UNIT. THIS CUL-DE-SAC LOCATION IS IN THE HEART OF SCHAUMBURG. BRIGHT INTERIOR LAYOUT, WITH NEW CARPET AND HAS BEEN PROFESSIONALLY PAINTED. NICE SIZE BALCONY TO SIT AND SIP YOUR FAVORITE BEVERAGE. 1 CAR ATTATCHED GARAGE, WASHER AND GAS DRYER ARE IN UNIT LAUNDRY ROOM. SPACIOUS DINING ROOM, LIVING ROOM WITH 2 GLASS SLIDING PATIO DOORS WITH

    Denise Hammett Century 21 Integra

    380 Heather Ct Unit 2B, Schaumburg, IL 60193
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    $2,300 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1546 Williamsburg Dr Unit C1, Schaumburg, IL 60193

    Rehabbed First-Floor Condo in Schaumburg - Prime Location! Welcome to a beautifully maintained first-floor unit located in a highly desirable Schaumburg community. This cozy and inviting home offers comfort, convenience, and a peaceful setting - perfect for anyone looking for easy living with great amenities! Property Features: Spacious living room with a gas log fireplace - perfect for relaxing

    Dennis Toomey RE/MAX Action

    1546 Williamsburg Dr Unit C1, Schaumburg, IL 60193
  • /7

    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • Condo for Rent

    908 Knottingham Dr Unit 1A, Schaumburg, IL 60193

    Available September 1st! Beautifully maintained first-floor 2 bed 2 bath condo located in a quiet, highly desirable Schaumburg neighborhood served by excellent schools. This spacious unit offers a functional layout featuring a separate living room and dining room, plus an additional eat-in kitchen area. The updated kitchen is equipped with stainless steel appliances, ample cabinetry, and generous

    Gizem Oztas Baird & Warner

    908 Knottingham Dr Unit 1A, Schaumburg, IL 60193
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    $2,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    1931 Prairie Square Unit 234, Schaumburg, IL 60173

    Rarely available second floor corner unit located in a Hawthorne Estates with underground garage parking included in beautiful Schaumburg. Enjoy the sunlight pouring in through large windows and great views from your large balcony! Updated kitchen, separate dining room, large living room with office nook, and 2 full bedrooms and bathrooms with ample closet space. Near the elevators you will find

    Ricky Sakoda Jameson Sotheby's International Realty

    1931 Prairie Square Unit 234, Schaumburg, IL 60173
  • /20

    $1,950 Per Month

    • 2 Beds
    • 1.5 Baths
    • Condo for Rent

    707 Sunfish Point Unit 707, Schaumburg, IL 60194

    SELDOM AVAILABLE FOR RENT IN DUNBAR LAKES AT THIS PRICE, LOCATION & CONDITION! RESORT STYLE COMMUNITY LARGE 2nd FLOOR UNIT WITH 2 BEDROOMS, 1.1 BATHS. UPGRADED HARDWOOD FLOORS IN LIVING ROOM. GREAT OPEN FLOOR PLAN WITH OPEN KITCHEN CONCEPT WITH ATTACHED DINING AREA WITH SLIDER LEADING OUT TO A PRIVATE BALCONY! GENEROUS SIZED MASTER BEDROOM WITH ATTACHED HALF BATH. BOTH BEDROOMS HAVE WALK-IN

    Omar Azam Berkshire Hathaway HomeServices Starck Real Estate

    707 Sunfish Point Unit 707, Schaumburg, IL 60194
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    $2,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • Condo for Rent

    101 Bar Harbour Rd Unit 6A, Schaumburg, IL 60193

    Rarely available top-floor 3-bedroom, 2-bath condo offering 1,750 sq ft of beautifully updated living space with heated garage parking and breathtaking park views. Enjoy an open, sun-filled floor plan featuring hardwood laminate flooring, stainless steel appliances, maple cabinetry, a walk-in closet, pantry, and abundant storage throughout. Relax on your private balcony overlooking Bison's Bluff

    Adel Fadel Ever Max, Inc

    101 Bar Harbour Rd Unit 6A, Schaumburg, IL 60193
  • /18

    $2,400 Per Month

    • 2 Beds
    • 2 Baths
    • 1,206 Sq Ft
    • Condo for Rent

    601 Hanover Ct Unit Z1, Schaumburg, IL 60194

    Welcome home to this bright and spacious 2-bedroom, 2-bath main-level unit offering approximately 1,200 square feet of comfortable living space, located on a quiet cul-de-sac in the desirable GATEWOOD COMMUNITY and within the sought-after J.B. CONANT SCHOOL DISTRICT. This WELL-MAINTAINED home features a LARGE LIVING/DINING ROOM COMBO with a GAS FIREPLACE and sliding glass doors leading to an

    Kishorekumar Yara ARNI Realty Incorporated

    601 Hanover Ct Unit Z1, Schaumburg, IL 60194
  • /10

    $2,200 Per Month

    • 2 Beds
    • 2 Baths
    • 850 Sq Ft
    • Condo for Rent

    1919 Prairie Square Unit 112, Schaumburg, IL 60173

    Amazing property with 2 bedrooms and 2 bathrooms. Large living room with sliders to balcony that over looks the pond. Formal dining room that extends into kitchen with stainless steel appliances. The primary bedroom has private bathroom and view of the pond. Don't miss this one, see it today!

    Tom Cunningham Baird & Warner

    1919 Prairie Square Unit 112, Schaumburg, IL 60173
  • /15

    $1,750 Per Month

    • 2 Beds
    • 1.5 Baths
    • 800 Sq Ft
    • Condo for Rent

    920 Casey Ct Unit 5, Schaumburg, IL 60173

    Step into a bright and sunny home that feels warm and welcoming from the moment you arrive. This top-floor unit is kept in absolutely spotless condition and is truly move-in ready. Beautifully remodeled in 2021, it features new luxury vinyl floors, a modern kitchen with soft-close cabinets, and stainless steel appliances. Relax on your private balcony with a peaceful courtyard view. Located in

    Agnieszka Kakareko Baird & Warner

    920 Casey Ct Unit 5, Schaumburg, IL 60173
  • /15

    $2,100 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    717 Whitesail Dr Unit 160D, Schaumburg, IL 60194

    Beautiful 2 bed, 1.5 bath Private entrance 2nd floor unit end unit in Prime Schaumburg Location at Dunbar Lakes! Open floor plan has kitchen with Stainless Steel appliances overlooking dinette and living room. Kitchen has granite counters and 42 inch cherry cabinets. From the kitchen the sliding glass doors lead to the spacious balcony. Living room features a rare wood burning fireplace, built in

    Apara Leekha Property Economics, Inc.

    717 Whitesail Dr Unit 160D, Schaumburg, IL 60194
  • /14

    $2,200 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    18 Dennis Ct Unit 741, Schaumburg, IL 60193

    Bright and spacious penthouse rental in desirable Weathersfield Commons! This well-maintained unit offers plenty of natural light, a generously sized living and dining area, and an updated kitchen featuring newer cabinet hardware, sink, and range hood. The remodeled bathroom includes a new vanity, flooring, a ceramic tile shower, and an updated light fixture. Enjoy the convenience of first-floor

    Beata Nowak Exit Realty Redefined

    18 Dennis Ct Unit 741, Schaumburg, IL 60193
  • /9

    $1,850 Per Month

    • 2 Beds
    • 1.5 Baths
    • 925 Sq Ft
    • Condo for Rent

    220 S Roselle Rd Unit 224, Schaumburg, IL 60193

    A beautifully updated 2-bedroom, 1.5-bath condo located in the heart of Schaumburg. This inviting home features a spacious living room, a separate dining area, and a modern kitchen with stainless steel appliances and updated flooring. Freshly painted throughout with new carpeting and stylish lighting fixtures, the unit offers a bright, clean, and truly move-in-ready feel. The generously sized

    Deepti Mishrikotkar Coldwell Banker Realty

    220 S Roselle Rd Unit 224, Schaumburg, IL 60193
  • /13

    $2,700 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    1891 Fox Run Dr Unit C, Elk Grove Village, IL 60007

    Beautifully updated Fox Run townhome featuring a bright open floor plan, remodeled kitchen with white cabinetry and stainless steel appliances, and a spacious living room with a fireplace. The large primary suite offers vaulted ceilings, a walk-in closet, and an updated private bath. Additional highlights include updated bathrooms, in-unit laundry, attached garage, ample storage, and neutral

    Emily Chou Pan Realty LLC

    1891 Fox Run Dr Unit C, Elk Grove Village, IL 60007

Frequently Asked Questions

How much does it cost to rent a condo in Schaumburg, IL?
The median rent for a condo in Schaumburg, IL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Schaumburg, IL?
To comfortably afford the median rent in Schaumburg, IL, a household needs to earn roughly $94,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,350 per month in Schaumburg, IL, renters typically need to show $7,050 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Schaumburg, IL?
In Schaumburg, IL, the price-to-rent ratio is 11.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Schaumburg, IL are best for renting a condo?
The best neighborhood for renting in Schaumburg, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Plum Grove Village, East Schaumburg, South Schaumburg, South Hoffman Estates and Downtown Palatine, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
37
Median Condo Rent
$2,200
Median 1 Bedroom Condo Rent
$1,600
Median 2 Bedroom Condo Rent
$2,200
Median 3 Bedroom Condo Rent
$2,800
How to Rent a Home