Home prices
The median home in Schaumburg costs $251,100. This is approximately $17,220 (7%) higher compared to its nearby areas.Compared to the entire country it is about $33,600 (15%) higher, and it is approximately $6,900 (2%) lower in comparison to the city of Chicago.
Rents
In Schaumburg the median rent is $1,440 per month. It is is very similar compared to its nearby areas.It is roughly $378 (35%) higher in comparison to the United States as a whole, and in comparison to the city of Chicago is about $328 (29%) higher.
Nearby places
Roselle
Roselle is Schaumburg's neighbor to the south. Its real estate prices are pretty similar. The median home in Roselle is valued at $256,800, which is $5,700 (2%) higher than Schaumburg. Rents there are fairly similar. The median rent in Roselle is $1,431 a month, which is very similar to Schaumburg.
Hoffman Estates
Hoffman Estates is Schaumburg's neighbor to the northwest. Its housing prices are a little more expensive. The median home in Hoffman Estates costs $283,300, which works out to $32,200 (11%) higher than Schaumburg. Rents there are fairly similar. In Hoffman Estates the median rent is $1,398 a month, which comes out to $42 (3%) lower than Schaumburg.
Rolling Meadows
Rolling Meadows is Schaumburg's neighbor to the northeast. The real estate prices there are pretty similar. Rolling Meadows's median home price is $241,200, which comes out to $9,900 (4%) lower than Schaumburg. Its rents are fairly similar. In Rolling Meadows the median monthly rent is $1,378, which comes out to $62 (4%) lower than Schaumburg.
Streamwood
Streamwood is Schaumburg's neighbor to the west. The real estate prices there are a little less expensive. The cost of the median home in Streamwood is $192,800, which comes out to $58,300 (30%) lower than Schaumburg. The rent there is a little more expensive. The median rent in Streamwood is $1,743 per month, which is $303 (17%) higher than Schaumburg.
Hanover Park
Hanover Park is Schaumburg's neighbor to the southwest. Its housing prices are somewhat less expensive. The median home in Hanover Park is valued at $195,300, which is $55,800 (28%) lower than Schaumburg. The rent there is a bit less expensive. Hanover Park's median rent is $1,254 a month, which is $186 (14%) lower than Schaumburg.
