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Studio Apartments for Rent in Schaumburg, IL

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  • /111

    Starting at $2,057 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

    2200 Progress Pkwy, Schaumburg, IL 60173
  • /55

    Starting at $1,625 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

    1024 N Plum Grove Rd, Schaumburg, IL 60173
  • /49

    Starting at $1,491 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

    1708 Arbor Square, Schaumburg, IL 60173
  • /29

    Starting at $1,370 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

    725 W Bode Cir, Hoffman Estates, IL 60169
  • /31

    $2,460 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

    51 E State Pkwy, Schaumburg, IL 60173
  • /34

    $1,995 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

    1200 American Ln, Schaumburg, IL 60173
  • /39

    $1,510 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

    2000 N Roselle Rd, Schaumburg, IL 60195

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.

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 $2,400 per month, though prices vary by neighborhood, size, and property type. As of August 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 $96,000 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 $2,400 per month in Schaumburg, IL, renters typically need to show $7,200 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 11.6, 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.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$2,400
Median Single Family Home Rent
$3,000
Median Townhouse Rent
$2,600
Median Condo Rent
$2,250
How to Rent a Home