Average Rent in Schaumburg, IL (2026)

Typical asking rent in Schaumburg is $2,133. Across the 3 ZIP codes with data it runs from $2,087 to $2,368, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$2,133
Average rent
$2,196
Lowest ZIP
$2,087
Highest ZIP
$2,368

Rent by ZIP code in Schaumburg

ZIP codeCountyTypical rentvs city median
60194Cook County$2,368+11%
60193Cook County$2,1330%
60173Cook County$2,087-2%

Rent by bedroom count in Schaumburg

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Cook County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Cook County uses Small Area FMRs, and the two bedroom figure runs from $2,470 to $2,640 depending on the Schaumburg ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,678+13.4%
1 bedroom$1,780+12.6%
2 bedroom$2,011+12.9%
3 bedroom$2,586+12.7%
4 bedroom$2,954+11.3%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Schaumburg?

Typical rent across Cook County is $2,272 as of August 2026. That is up 5.5% from a year earlier and up 35.3% over five years.

YearTypical rent, Cook CountyChange
2021$1,740+9.5%
2022$1,875+7.7%
2023$1,971+5.1%
2024$2,070+5.0%
2025$2,188+5.7%
2026 (through August)$2,272+3.8%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Schaumburg rent questions

What is the average rent in Schaumburg, IL?
Typical asking rent in Schaumburg is $2,133 a month as of July 2026, across 3 ZIP codes. By ZIP code it runs from $2,087 to $2,368.
How much is rent for a 2 bedroom in Schaumburg?
HUD's FY2027 Fair Market Rent for a two bedroom in Cook County is $2,011 a month including utilities. A one bedroom is $1,780 and a three bedroom is $2,586. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Schaumburg?
Rent is rising. Typical rent in Cook County is $2,272 as of August 2026, up 5.5% from a year earlier.
What is the cheapest ZIP code to rent in Schaumburg?
ZIP 60173 has the lowest typical asking rent in Schaumburg at $2,087 a month, compared with $2,133 for the city overall.
How much income do you need to rent in Schaumburg?
Most landlords look for gross income of about three times the rent. At the typical Schaumburg rent of $2,133, that is about $6,399 a month, or $76,788 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Schaumburg sits in the Chicago-Naperville-Elgin, IL-IN-WI metro area.

Other Illinois cities

Would a rental in Schaumburg cash flow?

Start the analyzer with the Schaumburg median rent of $2,133 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.