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Studio Apartments for Rent in Oswego, IL

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    Starting at $1,611 Per Month

    • Studio - 3 Beds

    801 Fifth St, Oswego, IL 60543

    At Trillium at Oswego, apartment living comes with more privacy. Our gated community offers studio, one-, two-, and three-bedroom apartment homes with townhome-style design and private, ground-level entrances - no shared hallways, stairwells, or elevators. Inside, open-concept layouts feature granite countertops, stainless-steel appliances, hardwood-style flooring, in-home washers and dryers,

    Trillium at Oswego

    801 Fifth St, Oswego, IL 60543

Why Live in Oswego

Oswego, Illinois, situated on the southern end of the 46-mile Fox River Trail, has evolved from farmland to a bustling suburb on the outskirts of Chicagoland. The village, now home to over 30,000 residents, features a walkable downtown area along the Fox River, with midcentury homes and new construction developments throughout. Local shopping and dining options abound in Downtown Oswego, while big-box stores and chain restaurants are concentrated along Route 34. Recreational activities are plentiful, with kayaking on the Fox River, biking on the extensive Fox River Trail, and golfing at Fox Bend Golf Course. The Oswegoland Park District manages numerous parks and offers various programs, including dance and theater. Cold winters bring indoor activities at the Little White School Museum and Oswego Public Library. Oswego Community Unit School District No. 308 and Yorkville Community Unit School District No. 115 serve the area, both highly rated and providing dual credit opportunities through Waubonsee Community College. While car-dependent, residents benefit from nearby Metra connections in Aurora and Naperville. Annual events like PrairieFest and concerts at Venue 1012 add to the vibrant community atmosphere. With a mix of midcentury homes and new constructions, Oswego offers diverse housing options, making it an attractive place for potential home buyers.

Frequently Asked Questions

How much does it cost to rent a home in Oswego, IL?
The median rent for a home in Oswego, IL is $2,797 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Oswego, IL?
To comfortably afford the median rent in Oswego, IL, a household needs to earn roughly $111,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,797 per month in Oswego, IL, renters typically need to show $8,391 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Oswego, IL?
In Oswego, IL, the price-to-rent ratio is 13.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,797
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$2,700
Median Condo Rent
$1,625
How to Rent a Home