Cheap Apartments for Rent in Oswego, IL from $500 (12 Rentals)

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Deville Manor
1 to 2 Bedroom Apartments

Deville Manor

110 5th StOswego, IL 60543
Senior Living
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TJC Apartments
1 to 2 Bedroom Apartments

TJC Apartments

89 Polk StOswego, IL 60543
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Silver Oaks At Waterford
1 Bedroom Apartments

Silver Oaks At Waterford

1819 Silver Oaks CirAurora, IL 60504
Senior Living
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Building A
1 Bedroom Apartments

Building A

100 Rocky WayMontgomery, IL 60538
  • Utilities Included
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Building H & I
1 to 2 Bedroom Apartments

Building H & I

89 Hillstone RdMontgomery, IL 60538
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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55 E Mill St
1 Bedroom Apartments

55 E Mill St

55 E Mill StMontgomery, IL 60538
  • Utilities Included

Oswego, IL Local Guide

Cheapest Neighborhoods for Apartments in Oswego, IL

Pricing Updated: 06/10/2025

Current apartment rentals in the Oswego, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oswego Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ashcroft Place$3,289$1,30058
Prescott Mill Courts$3,700$1,20097
Prescott Mill Crossings$3,700$1,20097

Cheapest Available Oswego Apartments for Rent

 

The cheapest available apartment rental in Oswego, IL is a 1 Bed unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $577. The Reserve at Hudson Crossing in the Blackberry Crossing West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here is today’s list of the most affordable Oswego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Deville ManorOne Bedroom1BR,1BA$577
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,365
Fox Pointe Apartments2 Bed 2 Bath2BR,2BA$1,449
Springs At OswegoStudio Grand OverlookStudio,1BA$1,465
Lakeview ResidencesB12BR,1BA$1,740

Best Value Apartments for Rent in Oswego, IL

As of June 11, 2025 the best value apartment in the Oswego area is the $2.24 price per square foot Douglas BF Model at Home at Ashcroft in the in the Blackberry Crossing West neighborhood starting from $3,600. The second greatest value Oswego apartment is the 3BR Vista Model at Avanterra Wolfs Crossing starting at $2,798 with a $1.81 price per square foot in the Prescott Mill Crossings neighborhood. Here is today’s list of the best values for Oswego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home at AshcroftDouglas BF3BR,2BA$2.24
Avanterra Wolfs Crossing3BR Vista3BR,2.5BA$1.81
Farmington Lakes ApartmentsWillow II2BR,2BA$1.77
213 E Washington St213 E Washington St2BR,1BA$1.73
Aurora At Summerfield ApartmentsDaVinci2BR,2BA$1.86
Deville ManorTwo Bedroom2BR,1BA$1.38
Fox Pointe Apartments2 Bed 2 Bath2BR,2BA$1.57
Covey at Fox Valley ApartmentsSanctuary2BR,1BA$2.07
Springs At Oswego1 BR Grand Courtyard1BR,1BA$2.36
Lakeview ResidencesB12BR,1BA$2.22

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oswego, IL Rentals by Map

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Getting Around Oswego, IL

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Oswego Apartments

What is a cheap apartment in Oswego?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oswego is under $2,008.

What is the price of a cheap apartment in Oswego?

The cheapest apartment in Oswego is Deville Manor which is listed at $577, while the average apartment in Oswego costs $3,563.

What types of apartments are the cheapest in Oswego?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 42 regular apartments in Oswego that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Oswego?

Cheap apartments in Oswego have an average cost of $477 which is $3,086 cheaper than the average rent for all rentals in Oswego.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.