Cheap 1 Bedroom Apartments for Rent in Schaumburg, IL from $985 (50 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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property at 1104 Mercury Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

1104 Mercury Dr, Unit 151B, Unit 151B

1104 Mercury Dr
SchaumburgIL60193

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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North 680
1 Bedroom Apartments

North 680

680 E Algonquin RdSchaumburg, IL 60173
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2603 Rohlwing Rd
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,600
Total Monthly Price
$1,300 - $1,600
1 Bedroom Apartment Available Now

2603 Rohlwing Rd

2603 Rohlwing RdRolling Meadows, IL 60008
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Willow Bend
$1,540 - $3,472
Total Monthly Price

Total Monthly Price

Base Rent
$1,540 - $4,145
Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Willow Bend

2850 Southampton DrRolling Meadows, IL 60008
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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.

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Waterbury Apartments
1 Bedroom Apartments

Waterbury Apartments

403-407 Dorchester StRoselle, IL 60172
  • Utilities Included
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Bloomingdale Horizon
1 Bedroom Apartments

Bloomingdale Horizon

160 W Lake StBloomingdale, IL 60108
Senior Living
  • Utilities Included
property at 746 Prescott Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

746 Prescott Dr, Unit 205, Unit 205

746 Prescott Dr
RoselleIL60172
property at 1800 Huntington Blvd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

1800 Huntington Blvd, Unit 206, Unit 206

1800 Huntington Blvd
Hoffman EstatesIL60169
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Orion Elk Grove
1 Bedroom Apartments

Orion Elk Grove

991 Charlela LnElk Grove Village, IL 60007
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Fox Grove
1 Bedroom Apartments

Fox Grove

743 E Irving Park RdRoselle, IL 60172
  • Utilities Included

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.

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Schaumburg, IL Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Schaumburg, IL
Population: 73,509

Ranked #489

in US Census Population by City

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Best Local Schools in
Schaumburg, IL

School data provided by Great Schools

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

Explore Schaumburg, IL Rentals by Map

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See the most popular apartments and homes in Schaumburg, IL

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Frequently Asked Questions about Cheap Schaumburg Apartments

What is the Cheapest Studio apartment in Schaumburg?

Currently the most affordable Cheap Studio Apartment in Schaumburg is at Orchard Hills Apartments listed at $985.

How much is rent for a Cheap One Bedroom Schaumburg Apartment?

The lowest price for a Cheap One Bedroom Schaumburg Apartment is $985 at Orchard Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Schaumburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Schaumburg is starting from $985 at Orchard Hills Apartments.

What is the most affordable Schaumburg Three Bedroom Apartment?

The best deal on a cheap Schaumburg Three Bedroom Apartment rental is at Orchard Hills Apartments and starts from $985.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.