Last updated
Average Rent in Schaumburg 60143 & Rent Trends
Rent prices and market trends across 1 apartment community in Schaumburg 60143, Schaumburg, IL. Updated daily.
Market Average
$1,543/mo
▲ +1.2% from last month
Lowest Available
$1,260/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
14
available now
Schaumburg 60143 vs Schaumburg, IL Average
Schaumburg 60143 is cheaper the Schaumburg, IL average by $373/mo (19%). The citywide average is $1,916/mo across all neighborhoods.
Is Rent Going Up or Down in Schaumburg 60143?
As of May 2026, the average rent in Schaumburg 60143 is $1,543 per month across 1 apartment community and 14 available units. Rents have increased $18 (1.2%) over the past month.
The most affordable option is Medinah Terrace Apartments starting at $1,260/mo. By unit type, a studio averages $1,260/mo, a 1-bedroom averages $1,535/mo, a 2-bedroom averages $1,920/mo.
Prices range from $1,260 to $1,920 per month. The most common price point is the $1,400 range, where 11 units are currently listed.
Schaumburg 60143 Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Schaumburg 60143
Rent Prices by Apartment in Schaumburg 60143
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Medinah Terrace Apartments | $1,260/mo | $1,543/mo | 14 | 3.7 |
Google Search Trends for Schaumburg 60143 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Schaumburg 60143
What is the average rent in Schaumburg 60143?
Is rent going up or down in Schaumburg 60143?
What is the cheapest apartment in Schaumburg 60143?
How much is a 1-bedroom apartment in Schaumburg 60143?
How many apartments are available in Schaumburg 60143?
What salary do I need to live comfortably in Schaumburg 60143?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$62,000/year
30 percent rule -- using our average rent of $1,543/mo.
Comfortable income
$74,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,260/mo), you need to earn at least $50,000/year.
Median household income in Schaumburg 60143 is $94,690 , about 28% above the comfortable-living threshold.
Cost of living in Schaumburg 60143
Overall prices in Schaumburg 60143 runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Schaumburg 60143's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,543 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,164/mo |
Population
76,780
Median household income
$94,690
Census median rent
$1,774/mo
Rent as % of income
25.9%
Median age
39.7
Mean commute
28 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Schaumburg 60143 Apartments
Browse all 1 communities with daily-updated pricing and availability.