338 Marion Ave
AuroraIL60505
Cheap Homes for Rent in Oswego, IL from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Oswego.
2100 Light Rd, Unit 210
2100 Light Rd
OswegoIL60543
2500 Light Road
OswegoIL60543
2800 Light Road
OswegoIL60543
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
76 W Washington St
OswegoIL60543
570 5th Ave
AuroraIL60505
714 Sexton St
AuroraIL60505
2030 Kevin Dr
MontgomeryIL60538
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Oswego, IL Local Guide
How much does it cost to rent a home in Oswego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oswego 2 Bedroom Homes for Rent | $2,074 | $1,300 | $2,600 |
| Oswego 3 Bedroom Homes for Rent | $2,679 | $1,950 | $3,400 |
| Oswego 4 Bedroom Homes for Rent | $3,253 | $2,600 | $3,950 |
| Oswego 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Oswego, IL Local Guide
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Cheapest Neighborhoods for Apartments in Oswego, IL
Pricing Updated: 05/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Ashcroft Place | $3,397 | $1,070 | 122 |
| Prescott Mill Courts | $3,397 | $1,300 | 37 |
| Prescott Mill Crossings | $3,397 | $1,300 | 37 |
Cheapest Available Oswego Apartments for Rent
The cheapest available apartment rental in Oswego, IL is a 2 Beds unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $678. Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here is today’s list of the most affordable Oswego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Deville Manor | 2 Bedroom A | 2BR,1BA | $678 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1,070 |
| Lakeview Residences | Lakeview Residences Studio Apartment | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Oswego, IL
As of May 30, 2026 the best value apartment in the Oswego area is the $1.85 price per square foot Capewood Model at Redwood Oswego in the in the Blackberry Crossing West neighborhood starting from $2,999. The second greatest value Oswego apartment is the Douglas BF Model at Home at Ashcroft starting at $3,600 with a $2.24 price per square foot in the Ashcroft Place neighborhood. Here is today’s list of the best values for Oswego apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Oswego | Capewood | 2BR,2BA | $1.85 |
| Home at Ashcroft | Douglas BF | 3BR,2BA | $2.24 |
| Avanterra Wolfs Crossing | 3BR Garden | 3BR,2.5BA | $2.25 |
| The Reserve at Summerfield | DaVinci | 2BR,2BA | $2.03 |
| Willow + Wren Apartments | Reserve | 2BR,2BA | $2.03 |
| Fox Pointe | 2B1B | 2BR,1.5BA | $1.71 |
| Springs At Oswego | 1 BR Grand Overlook | 1BR,1BA | $2.04 |
| Farmington Lakes Apartments | Dogwood | 1BR,1BA | $2.39 |
| Deville Manor | 1 Bedroom | 1BR,1BA | $1.75 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Oswego, IL
Fox Chase Elementary School
Oswego Community Unit School District 308
Public School - Grades K-5 (571)
8 out of 10
Oswego East High School
Oswego Community Unit School District 308
Public School - Grades 9-12 (2651)
9 out of 10
Plank Junior High
Oswego Community Unit School District 308
Public School - Grades 6-8 (624)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oswego, IL Rentals by Map
See the most popular apartments and homes in Oswego, IL
Frequently Asked Questions about Oswego
What type of rentals are currently available in Oswego?
There are currently 60 Apartments for Rent in Oswego, IL with pricing that ranges from $900 to $11,780. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oswego ranging from $1,300 to $4,200.
What is the current price range for Rental Homes in Oswego?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oswego ranges from $1,300 to $4,200 with an average monthly rent of $2,735.
How much are larger Three and Four Bedroom Rentals in Oswego?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oswego range from $1,797 to $11,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $3,312.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.