The Reserve at Hudson Crossing
160 Washington St.,
Oswego, IL 60543
$1,450 - $2,900
Studio - 2 Beds
Rental Market Trends in Oswego, IL
What is the average rent in Oswego, IL?
$1,860/month
Average Rent
752 Sq Ft
Average Apartment Size
+5.9%
Increase in the Last Year
As of March 2026, the average rent in Oswego, IL is $1,860 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Oswego rent prices are 14% higher than the national average. When you rent an apartment in Oswego, you can expect to pay about $1,843 per month for a studio, $1,860 for a one-bedroom apartment, and around $2,374 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,237 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Oswego, IL?
In the past year, rent has increased by 5.9%, which averages out to $110 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Oswego, IL
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
11%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
78%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Oswego?
Based on current rent prices, Prescott Mill, Steeplechase at Churchill Club and Churchill Club are the most affordable neighborhoods in Oswego.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Oswego?
Based on current rent prices, Churchill Club, Steeplechase at Churchill Club and Prescott Mill are the most expensive neighborhoods in Oswego.
Neighborhood
Average Rent
Average Sq Ft
Which Oswego neighborhoods have the most rentals available?
The neighborhoods in Oswego with the most apartments available are Churchill Club, Steeplechase at Churchill Club and Prescott Mill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oswego, IL?
Because the average rent in Oswego is $1,860, you’ll want to make about $6,200 per month or $74,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Oswego, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Oswego, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.