Schaumburg / Hoffman Estates, IL
August 2026
60169,60173,60193,60194
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,973 – $2,181 | 15.33% | 2.50% |
| 2-Bedroom | $2,199 – $2,431 | 2.62% | -3.54% |
| 3-Bedroom | $2,637 – $2,840 | -0.11% | 3.06% |
| 4-Bedroom | $3,225 – $3,334 | 0.34% | 3.40% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,936 – $2,064 | 2.36% | 3.90% |
| 2-Bedroom | $2,175 – $2,356 | 0.85% | 1.49% |
| 3-Bedroom | $2,712 – $2,968 | -0.79% | -0.32% |
| 4-Bedroom | $3,373 – $3,499 | 0.93% | 3.84% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,904 – $1,983 | 1.57% | 4.37% |
| 2-Bedroom | $2,126 – $2,267 | 0.36% | 5.95% |
| 3-Bedroom | $2,710 – $3,026 | 2.28% | 6.62% |
| 4-Bedroom | $3,145 – $3,340 | 0.39% | 2.32% |
In the Schaumburg / Hoffman Estates (60169, 60173, 60193, 60194) rental market, 1-bedroom apartments saw a substantial month-over-month rise, with median rent increasing 8.9% to $1,942. Despite this spike, the year-over-year data shows nearly flat performance with a minor decrease of 0.02%, indicating short-term movement without prolonged upward momentum.
Among 2-bedroom options in Schaumburg / Hoffman Estates (60169, 60173, 60193, 60194), condos led apartments with a median rent of $2,231, exceeding apartments at $2,065 by $166. Condos registered a 3.36% year-over-year increase, whereas apartments recorded a 1.89% YoY decrease, underscoring relative strength in condo pricing.
Analysts note that Schaumburg / Hoffman Estates (60169, 60173, 60193, 60194) rental trends highlight a 6.16% year-over-year increase for 3-bedroom single-family homes, with median rent reaching $2,735. By comparison, 3-bedroom apartments grew 5.79% YoY, and 3-bedroom condos rose 2.16% YoY, positioning single-family as the fastest-expanding segment for larger units.