
Cheap Homes for Rent in Schaumburg, IL from $900 (45 Rentals)
Search the lowest-cost Homes available for rent right now in Schaumburg.


1880 Bonnie Ln

600 Mesa Dr

1035 Higgins Quarters Dr

1195 Meadow Ln

3275 Kirchoff Rd

3275 Kirchoff Rd, Unit 337

5406 Chateau Dr

3275 Kirchoff Rd
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.

Furnished Studio-Chicago - Itasca

1120 Copperfield Ln

5011 Valley Ln

1972 Hastings Dr

3255 Kirchoff Rd

Furnished Studio-Chicago - Hanover Park

745 Hill Dr

5201 Carriage Way Dr

Furnished Studio-Chicago - Rolling Meadows
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.

670 Hill Dr, Unit 209

690 E Algonquin Rd

670 E Algonquin Rd

Furnished Studio-Chicago - Woodfield Mall

6 N Victoria Ln

609 Hanover Ct

1375 Rebecca Dr

109 Central Ave

120 Aster Dr
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

680 E Algonquin Rd

75 Kristin Cir

119 Boardwalk St

1001 Buccaneer Dr

2600 Brookwood Way Dr

1500 Robin Cir

31 Wisteria Ln

1691 Buttonwood Cir

1630 Buttonwood Cir
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.

537 E Shag Bark Ln

636 Forum Dr

2600 Brookwood Way Dr, Unit 214

803 Garden Cir

1630 Lincoln Meadows Cir

1620 Lincoln Meadows Cir

300 S Roselle Rd

103 Aster Dr

1463 Mercury Dr
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.
Schaumburg, IL Local Guide

How much does it cost to rent a home in Schaumburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schaumburg 2 Bedroom Homes for Rent | $2,128 | $1,550 | $3,100 |
| Schaumburg 3 Bedroom Homes for Rent | $2,878 | $900 | $5,795 |
| Schaumburg 4 Bedroom Homes for Rent | $3,435 | $2,650 | $6,450 |
Browse Top Homes for Rent in Schaumburg
Explore Schaumburg
Schaumburg, IL Local Guide
- Schaumburg Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Enclave Apartments of Hoffman Estates | Studio | Studio,1BA | $1,150 |
| Orchard Hills Apartments | A | 1BR,1BA | $1,195 |
| Westline | STU-410 | Studio,1BA | $1,284 |
| Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
| Beech Pointe Apartments | 1BP | Studio,1BA | $1,325 |
| Barrington Lakes Apartments | Studio | Studio,1BA | $1,370 |
| Orion Elk Grove | The Eagle | 1BR,1BA | $1,383 |
| Village in the Park Apartments | Lexus (Studio) | Studio,1BA | $1,410 |
| Willow Crossing Apartments | Lily | 1BR,1BA | $1,436 |
| Hoffman Hills Apartments | 1 Bed 1 Bath Renovated | 1BR,1BA | $1,465 |
Best Value Apartments for Rent in Schaumburg, IL
As of December 18, 2025 the best value apartment in the Schaumburg area is the $1.65 price per square foot 2 Bedroom 2 Bath split Model at Schaumburg- International Village in the in the Pleasant Hill neighborhood starting from $1,980. The second greatest value Schaumburg apartment is the B1 Model at Springhill starting at $1,865 with a $1.56 price per square foot . Here is today’s list of the best values for Schaumburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Schaumburg- International Village | 2 Bedroom 2 Bath split | 2BR,2BA | $1.65 |
| Springhill | B1 | 2BR,2BA | $1.56 |
| Willow Bend | King Charles | 2BR,1.5BA | $2.09 |
| Woodbury Place Apartments | 2 Bedroom Floor Plan B1 | 2BR,1BA | $1.86 |
| Orchard Hills Apartments | D | 2BR,1BA | $1.67 |
| Hoffman Hills Apartments | 2 Bed 1 Bath Remodel | 2BR,1BA | $2.10 |
| The Preserve at Woodfield | Elk | 1BR,1BA | $1.88 |
| Colonial Village Apartments | One Bed | 1BR,1BA | $2.00 |
| Village Grove Apartments - 62 + | 2nd Floor Premier | 1BR,1BA | $1.75 |
| Willow Crossing Apartments | Clover | 1BR,1BA | $2.10 |
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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleA 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
Read ArticleQuick 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.
Best Local Schools in Schaumburg, IL
Schaumburg High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Schaumburg, IL Rentals by Map
See the most popular apartments and homes in Schaumburg, IL
Frequently Asked Questions about Schaumburg
What type of rentals are currently available in Schaumburg?
There are currently 161 Apartments for Rent in Schaumburg, IL with pricing that ranges from $1,150 to $20,852. There are also 228 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schaumburg ranging from $900 to $6,450.
What is the current price range for Rental Homes in Schaumburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Schaumburg ranges from $900 to $6,450 with an average monthly rent of $2,579.
How much are larger Three and Four Bedroom Rentals in Schaumburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Schaumburg range from $1,860 to $13,416, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $5,795. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.

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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.