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Rental Market Trends in Oswego, IL

What is the average rent in Oswego, IL?

$1,801/month

Average Rent

743 Sq Ft

Average Apartment Size

+6%

Increase in the Last Year

As of July 2025, the average rent in Oswego, IL is $1,801 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Oswego rent prices are 10% higher than the national average. When you rent an apartment in Oswego, you can expect to pay about $1,696 per month for a studio, $1,801 for a one-bedroom apartment, and around $2,356 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,106 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,696/month
595 Sq Ft
One Bedroom
$1,801/month
743 Sq Ft
Two Bedroom
$2,356/month
1,135 Sq Ft
Three Bedroom
$3,106/month
1,589 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,594/month
1,707 Sq Ft
Four Bedroom
$3,639/month
2,869 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,388/month
1,431 Sq Ft
Three Bedroom
$2,695/month
1,696 Sq Ft

How much has average rent changed in Oswego, IL?

In the past year, rent has increased by 6%, which averages out to $109 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Oswego, IL
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Oswego, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
22% $1,001 - $1,500/month
0% $1,501 - $2,000/month
78% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Oswego?

Based on current rent prices, Farmington Lakes, Kingsbrook Crossing and Prescott Mill are the most affordable neighborhoods in Oswego.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Farmington Lakes
$1,046/month
686 Sq Ft
Kingsbrook Crossing
$1,046/month
686 Sq Ft
Prescott Mill
$1,926/month
759 Sq Ft
Churchill Club
$2,143/month
860 Sq Ft
Steeplechase at Churchill Club
$2,151/month
828 Sq Ft

What are the most expensive neighborhoods in Oswego?

Based on current rent prices, Steeplechase at Churchill Club, Churchill Club and Prescott Mill are the most expensive neighborhoods in Oswego.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Steeplechase at Churchill Club
$2,151/month
828 Sq Ft
Churchill Club
$2,143/month
860 Sq Ft
Prescott Mill
$1,926/month
759 Sq Ft
Farmington Lakes
$1,046/month
686 Sq Ft
Kingsbrook Crossing
$1,046/month
686 Sq Ft

Which Oswego neighborhoods have the most rentals available?

The neighborhoods in Oswego with the most apartments available are Churchill Club, Farmington Lakes and Kingsbrook Crossing .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Churchill Club
$2,143/month
860 Sq Ft
Farmington Lakes
$1,046/month
686 Sq Ft
Kingsbrook Crossing
$1,046/month
686 Sq Ft
Steeplechase at Churchill Club
$2,151/month
828 Sq Ft
Prescott Mill
$1,926/month
759 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Oswego, IL?

Because the average rent in Oswego is $1,801, you’ll want to make about $6,003 per month or $72,036 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.

City

Oswego, IL

279 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Oswego, IL

Apartment Averages

Farmington Lakes

Oswego, IL

Steeplechase at Churchill Club

Oswego, IL

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Montgomery Average Rent
  • Aurora Average Rent
  • Plainfield Average Rent
  • Yorkville Average Rent
  • North Aurora Average Rent
  • Naperville Average Rent
  • Plano Average Rent

Apartment communities in Oswego we think you'll love

The Reserve at Hudson Crossing

The Reserve at Hudson Crossing

77 S Adams St,
Oswego, IL 60543

Studio - 2 Beds | $1,570 - $3,050

Home at Ashcroft

Home at Ashcroft

137 Dorset Ave,
Oswego, IL 60543

3 Beds | $3,000 - $3,800

Springs At Oswego

Springs At Oswego

782 Oxbow Ave,
Oswego, IL 60543

Studio - 3 Beds | $1,510 - $3,113

Avanterra Wolfs Crossing

Avanterra Wolfs Crossing

615 Starling Cir,
Oswego, IL 60543

1-4 Beds | $2,026 - $4,675

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United States Illinois Oswego Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity