

40 N Waterford Drive
📍 40 North Waterford Drive, Schaumburg, IL 60194
Monthly Rent
$1,980
Bedrooms
2 bd
Bathrooms
2 ba
Sq Feet
1340 sq ft
Updated 12 days ago
📋 Property Overview
40 N Waterford Drive is a home in Golden Corridor, Schaumburg, Illinois with 2 bd, 2 ba. The floor plan measures 1340 sq ft. Rent is $1,980 a month. Features in the home include refrigerator, patio / balcony, range and dishwasher. The building offers parking, clubhouse, pool and garage. Pets are allowed. Parking is available: garage. Leases run 12 months. Availability: Available now. With a Walk Score of 67, some errands can be done on foot. Rent sits 12% below the area median ($2,250).
🚶 Getting Around
- Walk Score67/100
Somewhat Walkable
Market trend: Rising · as of August 2026
💵 Costs & Lease
- Lease length
- 12 months
- Units available
- 1 unit
Amounts are as published by the source and may change. Confirm before applying.
📐 Floor Plan Details
- 2 Bed, 2.0 Bath2 bd · 2 ba · 1,340 sq ft$1,9801 unit available
🧾 Move-in Costs & Lease
- Lease length
- 12 months
- Available
- Available now
- Application fee
- $60 per applicant, paid to RivoRent
Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.
🛡️ Renters Insurance — Estimated Cost
Estimated range for Illinois at $20,000 – $24,999 of personal property
About $153–$175 a year.
Based on what Illinois renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 686,697 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.
Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.
Compare what companies charge and get a real quote🏠 Inside the Home
- In unit laundry
- Patio / balcony
- Dishwasher
- Recently renovated
- Microwave
- Garbage disposal
- Range
- Refrigerator
🏢 In the Building
- Garage
- Parking
- Pool
- Clubhouse
✅ Who Qualifies
Must have 3x the rent in total household income (before taxes)
🐾 Pets
- Pets
- Allowed
✨ Features & Details
- Pet Friendly
- In unit laundry
- Patio / balcony
- Dishwasher
- Garage
- Recently renovated
- Pool
- Garbage disposal
- Microwave
- Range
- Refrigerator
- Clubhouse
- Parking
- 1340 sq ft
📊 Property Facts
- Walk Score
- 67 · Somewhat Walkable
🚗 Parking
- Garage · 1 space
🎓 Nearby Schools
- J B Conant High School · 9-1210/10 · 0.5 mi
- Fairview Elementary School · K-65/10 · 0.8 mi
- Michael Collins Elementary School · K-67/10 · 0.8 mi
- Everett Dirksen Elementary School · K-66/10 · 1.2 mi
- Margaret Mead Junior High School · 7-85/10 · 1.5 mi
- Lakeview Elementary School · K-68/10 · 1.8 mi
- Enders-Salk Elementary School · K-65/10 · 2.0 mi
- Adolph Link Elementary School · K-66/10 · 2.0 mi
- Helen Keller Junior High School · 7-87/10 · 2.1 mi
- Edwin Aldrin Elementary School · K-66/10 · 2.1 mi
🏡 Floor Plans
2 Bed
Availability: available
$1,980
❓ Frequently Asked Questions
$1,980
per month
Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.
💬 Questions about this property?
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