Rental market snapshot for Schaumburg, Illinois
Schaumburg, Illinois Rental Property Market Overview
Schaumburg, Illinois is a vibrant village located in the Chicago metropolitan area. According to the US Census, Schaumburg had a population of 77,082 in 2021. The village is home to a variety of attractions, including the Woodfield Mall, the Schaumburg Convention Center, and the Schaumburg Boomers baseball team. It is also home to a variety of businesses, including Motorola Solutions, Zurich North America, and Experian. With its diverse population and variety of attractions, Schaumburg is a great place to live and work.
The average rent for an apartment in Schaumburg is $1,925. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 4.1% over the past year.
Last Updated April 12, 2023
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Average monthly rent graph in Schaumburg Illinois | Cost of Living
- The most expensive ZIP code in Schaumburg is 60193 with an average price of $2,275
- The cheapest ZIP code in Schaumburg is 60195 with an average price of $1,365
Schaumburg ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 60193 | $2,275 |
| 2 | 60173 | $1,900 |
| 3 | 60195 | $1,435 |
Live near Schaumburg, Illinois's Top Sights and Attractions
Eagle Park is a large outdoor recreational area located in the suburbs of Illinois. It features a variety of activities for all ages, including a playground, walking trails, picnic areas, and a fishing pond. The park also has a large open field perfect for sports and other activities. There is also a pavilion with a stage for outdoor concerts and events. The park is surrounded by lush trees and greenery, making it a great spot to relax and enjoy nature.
Olympic Park is an outdoor recreational facility located in the suburbs of Chicago. It features a variety of attractions, including a large water park with a wave pool, a lazy river, and several water slides. There is also a mini golf course, batting cages, go-karts, and an arcade. The park also has a large picnic area, a playground, and a sand volleyball court.
Hoover Park is a sprawling park located in the suburbs of Chicago. It features a variety of outdoor activities, including a large playground, a fishing pond, a disc golf course, and a walking trail. The park also has a picnic area, a pavilion, and a gazebo. The park is a popular destination for families, as it offers plenty of space for kids to run and play.
Timbercrest Park is a sprawling outdoor recreational area located in the suburbs of Illinois. It features a variety of activities for visitors to enjoy, including a large playground, picnic areas, walking trails, and a fishing pond. The park also has a disc golf course, a sand volleyball court, and a basketball court. In addition, the park has a pavilion and a gazebo, perfect for hosting events or just relaxing in the shade. With its lush green grass and mature trees, Timbercrest Park is a great place to spend a day outdoors.
Spring Valley Nature Sanctuary is a beautiful outdoor oasis located in the suburbs of Illinois. It features over 200 acres of natural beauty, including woodlands, wetlands, and prairies. Visitors can explore the sanctuary's trails, observe wildlife, and learn about the area's natural history. The sanctuary also offers educational programs, special events, and volunteer opportunities.
Gray Farm Conservation Area is a nature preserve located in the suburbs of Chicago. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The area is home to a variety of wildlife, including deer, foxes, and a variety of birds. The trails are well-maintained and offer scenic views of the surrounding area. There is also a picnic area and a playground for children.
Margaret A Connelly Park is a beautiful outdoor space located in the suburbs of Illinois. It features a large pond, walking trails, and plenty of open green space for picnics and outdoor activities. The park also has a playground, basketball court, and a gazebo for special events. Visitors can also enjoy the scenic views of the surrounding area.
Volkening Park is a picturesque outdoor destination located in the suburbs of the Midwest. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, and a playground. The park also offers a variety of educational programs, such as nature walks, bird watching, and astronomy classes. The park is home to a variety of wildlife, including birds, turtles, and fish. Visitors can also enjoy the park's many gardens, which feature a variety of native plants and flowers.
Meineke Park is a sprawling outdoor recreational area located in the suburbs of Illinois. It features a variety of activities for all ages, including a large lake for fishing, a playground, picnic areas, and a variety of sports fields and courts. The park also has a large pavilion, which can be rented for special events. The park is surrounded by lush green trees and is a great place to spend a day outdoors.
Atcher Park is a large outdoor recreational area located in the suburbs of Illinois. It features a variety of activities, including a large lake with a beach, a playground, a picnic area, and a walking path. The park also has a variety of sports facilities, including basketball and tennis courts, a baseball diamond, and a soccer field. There are also several shelters and pavilions available for rent, making it a great spot for family gatherings and special events.
Schaumburg, Illinois area median rent change by ZIP code map
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How does Schaumburg compare to other cities in Illinois ?
| city | median price |
|---|---|
| Palos Heights | $2,535 |
| Tinley Park | $2,300 |
| Rantoul | $595 |
| Shorewood | $2,025 |
| South Holland | $2,145 |
| Round Lake Heights | $2,310 |
| Melrose Park | $1,725 |
| Danville | $575 |
Average household income in Schaumburg area graph - US Census
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The median household income in Schaumburg in 2021 was $85,147. This represents a 26.3% change from 2011 when the median was $67,426.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.3% |
| 1 | $10,000 to $14,999 | 2.5% |
| 2 | $15,000 to $19,999 | 1.9% |
| 3 | $20,000 to $24,999 | 3.1% |
| 4 | $25,000 to $29,999 | 2.3% |
| 5 | $30,000 to $34,999 | 2.9% |
| 6 | $35,000 to $39,999 | 2.5% |
| 7 | $40,000 to $44,999 | 4.0% |
| 8 | $45,000 to $49,999 | 3.5% |
| 9 | $50,000 to $59,999 | 6.6% |
| 10 | $60,000 to $74,999 | 11.8% |
| 11 | $75,000 to $99,999 | 17.3% |
| 12 | $100,000 to $124,999 | 11.2% |
| 13 | $125,000 to $149,999 | 8.6% |
| 14 | $150,000 to $199,999 | 10.2% |
| 15 | $200,000 or more | 8.1% |
