Oswego renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Oswego is about $515 per month. This puts it in the 8th percentile compared to the state average cost of rent, which is $950. Households in Oswego have a median income of $4,122 per month so the average renter in Oswego is spending roughly 12% of their earnings on housing.
Nationally, and in Oswego, home values are the data point most closely correlated with the cost of rent. The median price of a home in Oswego is $113,611 right now, which is lower than nearby cities, meaning that rents in Oswego also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Oswego while lower rent rates are often available in southern areas.
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