Schaumburg, IL Real Estate

According to census data in the year 2000 there were 33,073 housing units in Schaumburg. This represents a 12.1% growth from 29,499 in 1990.

Of those housing units, 33,073 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Schaumburg is about 69.4%. Schaumburg's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Schaumburg were built after 1978.


Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom16.60%
Two Bedrooms38.20%
Three Bedrooms26.10%
Four Bedrooms15.30%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1978
Median Value of occupied units$178,200
Median Price asked for vacant units$185,000

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1979
Median Monthly Rent asked for vacant units$955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.60%
Home Equity Loan11.30%
Simple Mortgage62.40%
Debt Free18.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%