Schaumburg, Cook County, IL

Median Home Price Price

$329,786 $329.8K

Median Monthly Rent Rent

$2,288 $2.3K

12.0x

Market Snapshot

Schaumburg, Cook County, IL is a city market with a median home price of $329,786, a median monthly rent of $2,288, a GRM of 12.0x, and a price-to-rent ratio of 12.0.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Rent momentum
High confidence
Price $291K
Rent $2.2K
GRM 11.0x
Explore the data
Region Show
Wheeling
$291K $2.2K 11.0x
$305K $2.0K 12.0x
$371K $3.9K 8.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$273K $1.2K 18.0x
$277K $2.2K 10.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Schaumburg

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Benchmark comparison

Rent in Schaumburg, IL is 5.3% higher than Wheeling, IL.

Schaumburg, IL
Wheeling, IL
Delta
Median rent
$2,288
$2,172
-$116
Median price
$329,786
$291,046
-$38,740
YoY change
+$195
+$213
+$18
Price-to-rent
12.0x
11.2x
-0.8x

Key takeaways

  • Schaumburg, Cook County, IL has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $195 year over year.
  • Rent in Schaumburg, IL is 5.3% higher than Wheeling, IL.