Cheap Apartments for Rent in Schaumburg, IL from $900 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Schaumburg.

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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 to 2 Bedroom Apartments

Bloomingdale Horizon

160 W Lake StBloomingdale, IL 60108
Senior Living
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East Park Apartments
2 Bedroom Apartments

East Park Apartments

2272 Algonquin PkyRolling Meadows, IL 60008
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27 S Roselle Rd
2 Bedroom Apartments

27 S Roselle Rd

27 S Roselle RdRoselle, IL 60172
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Schaumburg, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Schaumburg Apartments for Rent

 

The cheapest available apartment rental in Schaumburg, IL is a Studio unit found at Enclave Apartments of Hoffman Estates in the Far Northwest Suburban Cook neighborhood priced from $1,150. Orchard Hills Apartments in the East Streamwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Schaumburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Enclave Apartments of Hoffman EstatesStudioStudio,1BA$1,150
Orchard Hills ApartmentsA1BR,1BA$1,195
Plum GroveTwo Room StudioStudio,1BA$1,300
Colonial VillageOne Bedroom, Standard1BR,1BA$1,355
Willow Crossing ApartmentsLily1BR,1BA$1,468
Village in the Park ApartmentsForrester1BR,1BA$1,490
Village Park Apartments, LLCA1/3-700-X1BR,1BA$1,495
Barrington Lakes ApartmentsOne Bedroom1BR,1BA$1,510
The Grove at Schaumburg ApartmentsLily1BR,1BA$1,544
Willow Bend ApartmentsMaltese1BR,1BA$1,610

Best Value Apartments for Rent in Schaumburg, IL

As of June 26, 2025 the best value apartment in the Schaumburg area is the $2.02 price per square foot 3 Bedroom 2 Bath Model at Schaumburg- International Village in the in the Pleasant Hill neighborhood starting from $2,829. The second greatest value Schaumburg apartment is the 2BR/2.0BA Model at Roselle Station Apartments starting at $2,318 with a $1.75 price per square foot . Here is today’s list of the best values for Schaumburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Schaumburg- International Village3 Bedroom 2 Bath3BR,2BA$2.02
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.75
Willow Bend ApartmentsBichon2BR,1.5BA$1.89
The Treehouse of Schaumburg3 Bedroom (den)2BR,2BA$2.08
The Preserve at WoodfieldMeadow2BR,1BA$1.54
Woodbury Place Apartments2 Bedroom Floor Plan B22BR,2BA$1.84
Barrington Lakes ApartmentsTwo Bedroom Split2BR,2BA$2.02
Orchard Hills ApartmentsD2BR,1BA$1.67
Hanover Park Blu ApartmentsThe Barrington2BR,1BA$1.86
Colonial VillageOne Bedroom, Standard1BR,1BA$1.72

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Schaumburg Overview

Located less than thirty miles northwest of Chicago, Schaumburg is an on-the-move suburb brimming with opportunity. Considered part of the famed 'golden corridor' of Illinois, Schaumburg boasts a population of just under 75K.

Why live in Schaumburg, IL?

Home to one of the only Ikea shopping centers in the state, Schaumburg apartments are close to a number of employers such as Motorola and Zurich, as well as a wide range of universities. With the Chicago nightlife and museums scene right around the corner, Schaumburg rentals truly offer a winning mix of all that life in Illinois has to offer.

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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Getting Around Schaumburg, IL

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Enclave Apartments of Hoffman Estates listed at $1,150.

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

The lowest price for a Cheap One Bedroom Schaumburg Apartment is $1,195 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 $1,495 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 Colonial Village and starts from $1,915.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.