
Cheap Homes for Rent in Schaumburg, IL from $1,400 (36 Rentals)
Search the lowest-cost Homes available for rent right now in Schaumburg.


290 Green Knoll Ln

47 Gant Cir

4506 Kings Walk Dr

1460 Fairlane Dr

1075 Valley Ln, Unit Unit 309

1800 Jamestown Cir

1463 Mercury Dr

56 N Victoria Ln

1463 Mercury Dr

555 Hill Dr, Unit 207

56 N Victoria Ln

1956 Hastings Dr

78 N Victoria Ln, Unit F

912 S Plum Grove Rd

733 Limerick Ln

3335 Kirchoff Rd

742 Edgelake Point

1681 Queensbury Cir

5011 Valley Ln

5815 Wilshire Ct

1001 Buccaneer Dr

841 Cross Creek Ct

27 N Victoria Ln

1106 New Wilke Rd

960 Yosemite Trail

2980 Northampton Dr

1423 Sacramento Dr

1672 Cornell Dr

1308 Court O

1672 Cornell Dr

109 Gant Cir

34 N Salem Dr

1423 Sacramento Dr

5000 Carriage Way Dr
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 | $2,264 | $1,450 | $3,200 |
Schaumburg 3 Bedroom Homes for Rent | $3,005 | $1,895 | $6,495 |
Schaumburg 4 Bedroom Homes for Rent | $3,470 | $2,599 | $6,950 |
Schaumburg 5 Bedroom Homes for Rent | $4,283 | $3,750 | $4,600 |
Browse Top Homes for Rent in Schaumburg
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Schaumburg, IL Local Guide
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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 |
Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
Village in the Park Apartments | Whitney studio | Studio,1BA | $1,410 |
The Preserve at Woodfield | Elk | 1BR,1BA | $1,490 |
Village Park Apartments, LLC | A1/3-700-X | 1BR,1BA | $1,495 |
The Grove at Schaumburg Apartments | Lily | 1BR,1BA | $1,503 |
Willow Crossing Apartments | Daisy | 1BR,1BA | $1,515 |
Fieldpointe of Schaumburg | Willow (S) | Studio,1BA | $1,519 |
The Residences at Payton Place | S1 | Studio,1BA | $1,520 |
Best Value Apartments for Rent in Schaumburg, IL
As of September 14, 2025 the best value apartment in the Schaumburg area is the $1.84 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,443. The second greatest value Schaumburg apartment is the Labrador Model at Willow Bend Apartments starting at $2,090 with a $1.67 price per square foot in the Des Plaines Arlington Hts Corridor neighborhood. 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. |
---|---|---|---|
Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.84 |
Willow Bend Apartments | Labrador | 2BR,1.5BA | $1.67 |
Woodbury Place Apartments | 3 Bedroom Floor Plan C2 | 3BR,2BA | $1.96 |
Orchard Hills Apartments | D | 2BR,1BA | $1.67 |
Hanover Park Blu Apartments | The Barrington | 2BR,1BA | $1.76 |
Barrington Lakes Apartments | One Bedroom | 1BR,1BA | $1.96 |
The Preserve at Woodfield | Elk | 1BR,1BA | $1.86 |
Colonial Village Apartments | One Bed | 1BR,1BA | $2.00 |
Schaumburg- International Village | 1 Bedroom 1 Bath | 1BR,1BA | $2.07 |
Village Grove Apartments - 62 + | 2nd Floor Premier | 1BR,1BA | $1.75 |
Quick Rent Budget Calculator
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Best Local Schools in Schaumburg, IL
Schaumburg High School
School data provided by Great Schools
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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 $8,570. There are also 243 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schaumburg ranging from $1,450 to $6,950.
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 $1,450 to $6,950 with an average monthly rent of $3,020.
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 $2,001 to $7,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,599 and Four Bedroom Apartments start at $6,163.
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.