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Rental Market Trends in Oswego, IL

Updated July 2026

The average rent in Oswego, IL is $1,747/month.

Rent in Oswego is roughly equal to the national average rent of of $1,663/month.

$1,747/month

Average Rent

755 Sq Ft

Average Size

-3.8%

Change / Year

352

Available Apartments

Oswego rent varies by unit size and layout:

  • Studio apartments in Oswego average $1,788 per month.
  • One-bedroom apartments in Oswego average $1,747 per month.
  • Two-bedroom apartments in Oswego average $2,290 per month.
  • Three-bedroom apartments in Oswego average $3,055 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,788/month
584 Sq Ft
One Bedroom
$1,747/month
755 Sq Ft
Two Bedroom
$2,290/month
1,127 Sq Ft
Three Bedroom
$3,055/month
1,587 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,738/month
1,345 Sq Ft
Four Bedroom
$3,579/month
2,481 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,310/month
1,402 Sq Ft
Three Bedroom
$2,761/month
1,554 Sq Ft
View Oswego Apartments

How much has average rent changed in Oswego, IL?

In the past year, rent has decreased by 3.8%, which averages out to $65 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Oswego, IL

July 2026
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
11% $1,001 - $1,500/month
0% $1,501 - $2,000/month
89% Above $2,000/month

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

Because the average rent in Oswego is $1,747, you’ll want to make about $5,823 per month or $69,876 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

352 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.

View the Oswego Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Montgomery

    Montgomery

  • Aurora

    Aurora

  • Yorkville

    Yorkville

  • North Aurora

    North Aurora

  • Naperville

    Naperville

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 - $2,900

Echelon Oswego

Echelon Oswego

2000 Emblem Cir,
Oswego, IL 60543

1-2 Beds | $1,809 - $2,362

Redwood Oswego

Redwood Oswego

317 Madrone Dr,
Oswego, IL 60543

2 Beds | $2,499 - $2,999

Avanterra Wolfs Crossing

Avanterra Wolfs Crossing

615 Starling Cir,
Oswego, IL 60543

1-4 Beds | $1,999 - $3,501

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Frequently Asked Questions

What is the average rent in Oswego?

The average rent in Oswego is $1,747 per month, which is 5.1% higher than the national average of $1,663.

What is the average rent for a house in Oswego?

The average rent for a house in Oswego, IL is $2,738 per month.

What is the average rent for a townhome in Oswego?

The average rent for a townhome in Oswego, IL is $2,310 per month.

Are rents going up or down in Oswego?

Rents in Oswego, IL are decreasing, with prices down 3.8% year-over-year and $65 less per month.

What rent range is most common in Oswego?

In Oswego, IL, 89% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity