Studio Apartments for Rent in Schaumburg, IL

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Starting at $1,420 Per Month
- Studio - 2 Beds
1417 Valley Lake Dr, Schaumburg, IL 60195

We are located in the center of an area bustling with activity and recreation. Imagine being only minutes away from award-winning restaurants, shopping and entertainment venues. You are fifteen minutes away from O'Hare Airport, forty minutes from downtown Chicago and just minutes away from I-90, I-355, and Route 53.Village in the Park is a community that blends the allure of a secluded

Village in the Park Apartments

(224) 268-1451

1417 Valley Lake Dr, Schaumburg, IL 60195
Explore Schaumburg
/111
Starting at $1,837 Per Month
- Studio - 3 Beds
2200 Progress Pkwy, Schaumburg, IL 60173

Element at Veridian, not just an apartment home, it’s a lifestyle home. Offering spacious studio, one, two, and three-bedroom floorplans, Element at Veridian provides sophistication to your lifestyle. Location is everything and Element at Veridian is located in one of Chicago’s most desirable Western suburbs, Schaumburg. Easy access to shopping, entertainment, and transportation are a few perks

Element at Veridian

(224) 651-8373

2200 Progress Pkwy, Schaumburg, IL 60173
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Starting at $1,494 Per Month
- Studio - 2 Beds
1708 Arbor Square, Schaumburg, IL 60173

Our luxury apartment homes provide you with the convenience and freedom you deserve. Living at Fieldpointe of Schaumburg means you have easy access to everything that Chicago has to offer, while retaining the calm and composure of a spacious community.Fieldpointe of Schaumburg provides our residents a clubhouse, grilling stations and lush landscaping for entertaining. From our spacious outdoor

Fieldpointe of Schaumburg

(224) 434-3138

1708 Arbor Square, Schaumburg, IL 60173
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Starting at $1,400 Per Month
- Studio - 3 Beds
1024 N Plum Grove Rd, Schaumburg, IL 60173

RMK...Rely on our Management Knowledge. Live in an apartment home you deserve! Count on our proven record of superior service, local/long-term management and a committed customer-focused staff meeting the needs of thousands of highly satisfied residents. The spacious cut of the floor plans gives you larger living areas. Combine all this with an extremely convenient location and the finest that

Versailles on the Lakes Schaumburg

(224) 774-0157

1024 N Plum Grove Rd, Schaumburg, IL 60173
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Starting at $1,325 Per Month
- Studio - 2 Beds
725 W Bode Cir, Hoffman Estates, IL 60169

Hoffman Hills Apartments offers thoughtfully designed studio, one-, and two-bedroom homes in Hoffman Estates, IL. Just 20 minutes from O’Hare International Airport, our pet-friendly community provides easy access to I-90 and I-290, as well as nearby shopping, dining, golf courses, and major employers.Our apartments feature modern finishes, including wood-style flooring, stainless steel

Hoffman Hills Apartments

(224) 291-8884

725 W Bode Cir, Hoffman Estates, IL 60169
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$4,753 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

(224) 553-5383

51 E State Pkwy, Schaumburg, IL 60173
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$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

(224) 464-3461

1200 American Ln, Schaumburg, IL 60173
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$5,328 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

(224) 352-1875

2000 N Roselle Rd, Schaumburg, IL 60195

Illinois Cook County Schaumburg

Why Live in Schaumburg

Schaumburg, Illinois, located about 30 miles northwest of downtown Chicago, is a bustling suburban village known for its vibrant business and retail centers. As the second-largest economic hub in Illinois, Schaumburg boasts the expansive Woodfield Mall, the largest mall in the state, which attracts visitors with its diverse mix of large anchor stores, specialty retailers, and dining options. Nearby, the Streets of Woodfield shopping center features the Legoland Discovery Center Chicago, an indoor theme park perfect for family outings. The village also hosts numerous shopping spots like Schaumburg Marketplace and Prairie Towne Center. Schaumburg’s residential areas are characterized by gently curved lanes, cul-de-sacs, and streetside parks, with homes ranging from mid-century split-levels and ranch-style houses to contemporary townhouses and condominiums. The village is served by highly rated schools, including Schaumburg Community Consolidated School District 54, Hoover Math and Science Academy, James B. Conant High School, Schaumburg High School, Township High School District 211, St. Hubert Catholic School, Schaumburg Christian School, and Harper College. Outdoor enthusiasts can enjoy the Ned Brown Forest Preserve, locally known as Busse Woods, which offers boat launches, trails, and an elk pasture. The Schaumburg Park District manages over 70 facilities, ensuring residents have access to playgrounds, athletic facilities, and green spaces. The village also hosts annual events like the Prairie Arts Festival and Septemberfest, and is home to the Schaumburg Boomers minor league baseball team. Public transit options include Pace buses and the Schaumburg Metra station, with Chicago O’Hare International Airport located 14 miles southeast.

Learn more about living in Schaumburg

Frequently Asked Questions

How much does it cost to rent a home in Schaumburg, IL?

The median rent for a home in Schaumburg, IL is $2,300 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 $92,000 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 $2,300 per month in Schaumburg, IL, renters typically need to show $6,900 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 11.8, 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 home?

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 home include Downtown Mount Prospect and Forest River, each with its own character and price range.

Rental Trends in Schaumburg, IL

There are currently 8 homes available for rent in Schaumburg, IL. The median rent is $2,300 per month, with single-family homes renting at $3,000, townhouses at $2,595 and condos at $2,200.

Rental Home Trends

Number of Homes for Rent 8	Median Rent $2,300
Median Single Family Home Rent $3,000	Median Townhouse Rent $2,595
Median Condo Rent $2,200

How to Rent a Home

Rentals in Schaumburg

Homes for Rent by Bedrooms in Schaumburg

Rentals by Price in Schaumburg

More About Living in Schaumburg

Homes by Amenity in Schaumburg

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