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Schaumburg stands as a premier shopping and business destination in Illinois, anchored by Woodfield Mall — a 2.2-million-square-foot retail center that ranks as the state's second-largest shopping destination. Once a quiet farming community, this northwest Chicago suburb transformed into a thriving commercial hub following development in the 1960s and the mall's opening in 1971. Today, established neighborhoods like Weathersfield, Timbercrest, and Lexington Fields offer diverse housing options, with average one-bedroom rentals at $1,809 per month, slightly higher than surrounding communities like Hoffman Estates and Rolling Meadows.
The village offers excellent accessibility, positioned just 28 miles northwest of downtown Chicago and 10 miles from O'Hare International Airport. Commuters utilize the Schaumburg Metra station on the Milwaukee District West Line and the Northwest Transportation Center hub, which provides PACE bus service throughout the northwest suburbs. Major employers include Woodfield Mall, Zurich North America's North American headquarters, and Motorola Solutions' global headquarters, making Schaumburg an attractive location for workplace convenience.
The Renaissance Schaumburg Hotel & Convention Center anchors the business district, while the Prairie Center for the Arts presents theater productions, concerts, and art exhibitions throughout the year. Outdoor enthusiasts appreciate the 135-acre Spring Valley Nature Center, featuring the Bison's Bluff Nature Playground and over three miles of hiking trails. The Olympic Park offers multiple athletic fields, while Volkening Lake provides opportunities for fishing and boating. With its strategic location in the Golden Corridor, Schaumburg combines suburban comfort with metropolitan accessibility.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Schaumburg, IL?
Apartment averages in Schaumburg, IL varies based on size.
- $1,806 for a 1-bedroom apartment in Schaumburg, IL
- $2,121 for a 2-bedroom apartment in Schaumburg, IL
- $2,416 for a 3-bedroom apartment in Schaumburg, IL
Rental Requirements
Can I find a cheap apartment in Schaumburg, IL?
There are 21 cheap apartments in Schaumburg, IL priced as low as $1,702
Can I find a short-term apartment in Schaumburg, IL?
There are 210 short-term apartments in Schaumburg, IL.
Transportation
How do people usually get around Schaumburg, IL?
Residents in Schaumburg, IL usually get around by car. According to Walk Score, Schaumburg, IL falls within the Car Dependent range.
Education
What colleges and universities are in Schaumburg, IL?
If you’re a college or university student moving to Schaumburg, IL, ForRent.com can help you find a rental near Roosevelt Univ. Schaumburg-Schaumburg Campus, Harper College, Oakton C.C. Des Plaines and others.
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