Cheap 2 Bedroom Apartments for Rent in the Far Northwest Suburban Cook Neighborhood of Schaumburg, IL from $1,156 (52 Rentals)

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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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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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Albion on Northwest
Rent Specials
$1,800 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,516 - $2,391
Total Monthly Price
$1,516 - $2,391
2 Bedroom Apartments Available Now

Albion on Northwest

975 N Sterling AvePalatine, IL 60067
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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East Park Apartments
2 Bedroom Apartments

East Park Apartments

2272 Algonquin PkyRolling Meadows, IL 60008
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Mission Creek
2 Bedroom Apartments

Mission Creek

224-395 Rimini CtPalatine, IL 60067
  • Utilities Included
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Palatine Square
2 Bedroom Apartments

Palatine Square

1517 Winslowe StPalatine, IL 60074
  • Utilities Included
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Tall Pines
2 Bedroom Apartments

Tall Pines

27 S Roselle RdRoselle, IL 60172
  • Utilities Included
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Country Glen
2 Bedroom Apartments

Country Glen

2264 Nichols RdArlington Heights, IL 60004
  • Utilities Included
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Long Valley Apartments
2 Bedroom Apartments

Long Valley Apartments

1203-1229 E Long Valley DrPalatine, IL 60074
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 444 Osage Ln

$1,650

2 Bedroom Rentals

Available Now

444 Osage Ln

PalatineIL60074
property at 47 Gant Cir

$1,650 - $1,910

2 Bedroom Rentals

Available Now

47 Gant Cir

StreamwoodIL60107
property at 1424 Carol Ct

$1,700

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 2 Bath Condo for Rent

Available Now

1424 Carol Ct, Unit 3A, Unit 3A

1424 Carol Ct
PalatineIL60074
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Inverleith Apartments
2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Far Northwest Suburban Cook, Schaumburg, IL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Best Local Schools in
Far Northwest Suburban Cook, Schaumburg, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Far Northwest Suburban Cook Apartments

What is a cheap apartment in Far Northwest Suburban Cook?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far Northwest Suburban Cook is under $1,445.

What is the price of a cheap apartment in Far Northwest Suburban Cook?

The cheapest apartment in Far Northwest Suburban Cook is Squire Village Apartments which is listed at $1,156, while the average apartment in Far Northwest Suburban Cook costs $9,045.

What types of apartments are the cheapest in Far Northwest Suburban Cook?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 101 regular apartments in Far Northwest Suburban Cook that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Far Northwest Suburban Cook?

Cheap apartments in Far Northwest Suburban Cook have an average cost of $295 which is $8,750 cheaper than the average rent for all rentals in Far Northwest Suburban Cook.

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

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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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.