StayRentalsStayRentals

Affordable apartments in Schaumburg, Illinois

3 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 2021 section 81 lihtc

Buildings

CEDAR VILLAGE OF SCHAUMBURG SOUTH

Section 202
1335 Mercury Drive, Schaumburg, IL, 60193
Income-restricted units
132 of 132
Year placed in service
Not reported

Estimated total housing cost: $2,280 rent + $129 utilities = $2,409/mo

Contact property management for current availability. Waitlists may apply.

CEDAR VILLAGE OF SCHAUMBURG SOUTH

Section 8
1335 Mercury Drive, Schaumburg, IL, 60193
Income-restricted units
132 of 132
Year placed in service
Not reported

Estimated total housing cost: $2,280 rent + $129 utilities = $2,409/mo

Contact property management for current availability. Waitlists may apply.

EMERALD VILLAGE

LIHTC
150 W WISE RD, SCHAUMBURG, IL, 60193
Income-restricted units
97 of 97
Year placed in service
1997
Bedroom mix
64 1BR · 33 2BR

Estimated total housing cost: $2,280 rent + $129 utilities = $2,409/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Illinois

Residential electricity in Illinois runs about 17.95¢/kWh, with a typical monthly residential electric bill near $129. Natural gas runs about $15.45/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 60193

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,890n/a
1 bedroom$2,020n/a
2 bedroom$2,280$1,502
3 bedroom$2,940n/a
4 bedroom$3,400n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Cook County, IL

Chicago-Naperville-Elgin, IL-IN. FY2025. Area median income: $119,900.

Household size30% AMI50% AMI80% AMI
1 person$25,200$42,000$67,150
2 people$28,800$48,000$76,750
3 people$32,400$54,000$86,350
4 people$35,950$59,950$95,900
5 people$38,850$64,750$103,600
6 people$43,150$69,550$111,250
7 people$48,650$74,350$118,950
8 people$54,150$79,150$126,600

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Illinois cities

See all affordable-rental cities in Illinois

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Schaumburg cost-of-living and Fair Market Rent overview