What is the rental vacancy rate in Schaumburg Township, IL?

The rental vacancy rate in Schaumburg Township, IL is 2.4% (±1.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.6% (±0.4 points).

2,415 (±467) homes, 4.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Schaumburg Township, the rental vacancy rate went from 3.9% in 2015–2019 to 2.4% in 2020–2024 (−1.5 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
2.4% (±1.1 points)
Homeowner vacancy rate
0.6% (±0.4 points)
Vacant homes
2,415 (±467)

Vacancy in Schaumburg Township against Cook County, its state and the nation

Estimate (90% margin of error)
Schaumburg TownshipCook CountyIllinoisUnited States
Rental vacancy rate2.4% (±1.1 points)4.5% (±0.2 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate0.6% (±0.4 points)1.1% (±0.1 points)1.0% (±0.1 points)0.9%
Vacant housing units2,415 (±467)176,263 (±3,778)421,003 (±7,877)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Schaumburg Township, the rental vacancy rate is lower than in Cook County (4.5%).

It is also lower than in Illinois (5.0%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Schaumburg Township

Nearest places with a published estimate, compared with Schaumburg Township
PlaceDistanceRental vacancy rateCompared with this place
Schaumburg Township—2.4% (±1.1 points)—
Schaumburg0.3 mi2.9% (±1.5 points)Not measurably different
Roselle3.4 mi5.0% (±5.6 points)Not measurably different
Hoffman Estates3.7 mi2.5% (±1.9 points)Not measurably different
Hanover Park4.2 mi0.0% (±1.5 points)Lower
Rolling Meadows4.6 mi3.8% (±5.0 points)Not measurably different
Streamwood4.6 mi0.0% (±2.6 points)Not measurably different
Itasca5.1 mi17.5% (±11.0 points)Higher
Elk Grove Village5.2 mi2.7% (±3.8 points)Not measurably different

Nearby places with a measurably lower figure: Hanover Park, IL (0.0%).

Nearby places with a measurably higher figure: Itasca, IL (17.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Cook County, place by place

RankPlaceRental vacancy rate
86 (tie)Burnham2.7% (±2.9 points)
86 (tie)Elk Grove Village2.7% (±3.8 points)
88 (tie)Barrington2.6% (±4.1 points)
88 (tie)Orland Park2.6% (±2.7 points)
90 (tie)Harwood Heights2.5% (±4.1 points)
90 (tie)Hoffman Estates2.5% (±1.9 points)
92Schaumburg Township2.4% (±1.1 points)
93 (tie)Bridgeview2.3% (±2.0 points)
93 (tie)Burbank2.3% (±3.7 points)
93 (tie)Palos Hills2.3% (±3.7 points)
93 (tie)Phoenix2.3% (±3.7 points)
93 (tie)Rich Township2.3% (±1.7 points)
98Calumet Township2.2% (±2.2 points)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Schaumburg Township

Is it hard to find a rental in Schaumburg Township?

The rental vacancy rate in Schaumburg Township, IL is 2.4% (±1.1 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Schaumburg Township tighter than it was?

In Schaumburg Township, the rental vacancy rate went from 3.9% in 2015–2019 to 2.4% in 2020–2024 (−1.5 percentage points), not a measurable change.

How many homes are vacant in Schaumburg Township?

An estimated 2,415 (±467) housing units, 4.6% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Schaumburg township, Cook County, Illinois (county subdivision:68016, in state:17 county:031).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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