The median home in Oswego, Illinois is valued at $407,753, up 4.1% year over year. Typical monthly rent is $2,504, producing a price-to-rent ratio of 13.6x — below the national average of 18x. Oswego is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$407,753

+4.1%

Rent$2,504/mo

AFFORDABILITY

Enter your income for Oswego.

Income (annual)

Down Payment

$81,551 on $407,753

Out of reach — 47.5% of income

Need $127,286/yr to afford.

PITI$2,970

P/I47.5%

Afford$240K

Gap-$167K

P&I $2,062Tax $758Ins $150

Renting $466/mo cheaper ($2,504 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Oswego with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →

OSWEGO, IL