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Rental Market Trends in Oswego, IL

What is the average rent in Oswego, IL?

$1,698/month

Average Rent

752 Sq Ft

Average Apartment Size

-2.1%

Decrease in the Last Year

As of October 2025, the average rent in Oswego, IL is $1,698 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Oswego rent prices are 4% higher than the national average. When you rent an apartment in Oswego, you can expect to pay about $1,750 per month for a studio, $1,698 for a one-bedroom apartment, and around $2,279 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,029 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,750/month
591 Sq Ft
One Bedroom
$1,698/month
752 Sq Ft
Two Bedroom
$2,279/month
1,136 Sq Ft
Three Bedroom
$3,029/month
1,589 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$3,523/month
2,384 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,349/month
1,122 Sq Ft
Three Bedroom
$2,546/month
1,652 Sq Ft

How much has average rent changed in Oswego, IL?

In the past year, rent has decreased by 2.1%, which averages out to $35 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

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, Steeplechase at Churchill Club, Prescott Mill and Churchill Club are the most affordable neighborhoods in Oswego.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Steeplechase at Churchill Club
$1,816/month
818 Sq Ft
Prescott Mill
$1,842/month
747 Sq Ft
Churchill Club
$1,933/month
854 Sq Ft

What are the most expensive neighborhoods in Oswego?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Churchill Club
$1,933/month
854 Sq Ft
Prescott Mill
$1,842/month
747 Sq Ft
Steeplechase at Churchill Club
$1,816/month
818 Sq Ft

Which Oswego neighborhoods have the most rentals available?

The neighborhoods in Oswego with the most apartments available are Churchill Club, Prescott Mill and Steeplechase at Churchill Club .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Churchill Club
$1,933/month
854 Sq Ft
Prescott Mill
$1,842/month
747 Sq Ft
Steeplechase at Churchill Club
$1,816/month
818 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 $1,698, you’ll want to make about $5,660 per month or $67,920 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

269 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

Steeplechase at Churchill Club

Oswego, IL

Churchill Club

Oswego, IL

Studio
-
-
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

Emblem Oswego

Emblem Oswego

2000 Emblem Cir,
Oswego, IL 60543

$1,733 - $3,492

1-2 Beds

Monroe Street Apartments

Monroe Street Apartments

237-277 Monroe St,
Oswego, IL 60543

$1,980 - $2,100

2 Beds

The Reserve at Hudson Crossing

The Reserve at Hudson Crossing

160 Washington St.,
Oswego, IL 60543

$1,450 - $2,900

Studio - 2 Beds

Redwood Oswego

Redwood Oswego

317 Madrone Dr,
Oswego, IL 60543

$2,399 - $3,392

2 Beds

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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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity