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2025 Compare Cities Housing:
Schaumburg, IL vs Palm Bay, FL

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Highlights
- The median age of a home in Schaumburg is 26.2% older than the median age of a home in Palm Bay.
 Schaumburg, ILPalm Bay, FLUnited States
 Median Home Age42  Unlock42
 Median Home Cost  Unlock$301,500$338,100
 Home Appr. Last 12 months12.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock85.7%57.0%
 Home Appr. Last 10 yrs.63.3%  Unlock101.1%
 Property Tax Rate  Unlock$6.8$11.0
 Homes Owned58.5%  Unlock57.4%
 Housing Vacant  Unlock9.3%11.2%
 Homes Rented36.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Schaumburg, ILPalm Bay, FLUnited States
 Average Rent  Unlock$1,860$1,840
 Studio Apartment$1,490  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,890$1,860
 4 Bedroom Home or Apartment$2,800  Unlock$2,160
 space1
 Vacant Housing
 Schaumburg, ILPalm Bay, FLUnited States
 Vacant For Rent  Unlock1.1%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock4.5%3.6%
 Vacant Other1.9%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Schaumburg, ILPalm Bay, FLUnited States
 Less Than $20,000  Unlock2.5%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock1.7%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock5.2%4.5%
 $100,000 to $149,9998.9%  Unlock11.3%
 $150,000 to $199,999  Unlock30.0%13.0%
 $200,000 to $299,99926.0%  Unlock20.1%
 $300,000 to $399,999  Unlock7.6%13.6%
 $400,000 to $499,9999.0%  Unlock8.3%
 $500,000 to $749,999  Unlock0.4%9.7%
 $750,000 to $999,9990.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Schaumburg, ILPalm Bay, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock26.6%13.6%
 2000 to 20093.7%  Unlock13.6%
 1990 to 1999  Unlock17.9%13.6%
 1980 to 198923.4%  Unlock13.2%
 1970 to 1979  Unlock11.4%14.8%
 1960 to 196915.6%  Unlock13.6%
 1950 to 1959  Unlock1.0%10.0%
 1940 to 19490.6%  Unlock4.7%
 1939 or Earlier  Unlock0.2%12.2%
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Reviews for Schaumburg    10 Reviews
Scott Williams · Schaumburg, IL
Schaumburg, IL General livability
Over 12 years ago

Nice middle-class community. Excellent schools. Excellent variety in retail establishments. Very good park district with plentiful activities, classes, and three outdoor  More

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Johnny  · Schaumburg, IL
I've don't have much to say
Over 12 years ago

Schaumburg, Schaumburg, it's Ok, I guess I don't have much to  More

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Jane · Schaumburg, IL
Cook County Taxes are Skyrocketing
Over 16 years ago

At 11% sales tax I believe that Cook County, IL. is the highest in the country. The cost of gasoline is bumped by this as well as the use of smog formulated fuel which  More

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Reviews for Palm Bay    27 Reviews
D · Palm Bay, FL
Palm Bay has High Cost of Living
Over 2 years ago

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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David · Palm Bay, FL
Lovin' Palm Bay For Over 20 Years Now!!??
Over 5 years ago

My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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Bonnie · Salisbury Center, NY
It's Safer in New England
Over 6 years ago

I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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Learn More About Schaumburg, Illinois
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