Oswego, IL housing market
Typical home value
$421K
▲ 3.4% 1 yr
Typical rent
$2,447/mo
▲ 2.0% 1 yr
Gross rent yield
7.0%
U.S. 6.3%
5-year home value change
+40%
U.S. +20%
Key takeaways
- 1The typical home in Oswego is worth $420,873, up 3.4% over the past year and up 40% over five years.
- 2Typical rent is $2,447 a month (+2.0% YoY), a gross rent yield of 7.0% (below the Chicago, IL metro's 7.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,313/mo, $134 less than typical rent.
- 4Zillow forecasts the Chicago, IL metro's home values to change +2.7% over the next 12 months.
Market temperature (Chicago, IL metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 52/100, #107 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Oswego compares
| Measure | Oswego | Chicago, IL metro | United States |
|---|---|---|---|
| Typical home value | $420,873 | $355,650 | $366,157 |
| Home value, 1-yr change | +3.4% | +5.0% | +1.2% |
| Typical rent | $2,447 | $2,163 | $1,932 |
| Rent, 1-yr change | +2.0% | +4.7% | +2.7% |
| Gross rent yield | 7.0% | 7.3% | 6.3% |
| Price-to-rent ratio | 14.3 | 13.7 | 15.8 |
| Mortgage P&I, typical home | $2,313 | $1,954 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Oswego rental, pre-filled.
Rent vs buy in Oswego
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $421K home.
Other cities in the Chicago, IL metro
Chicago, IL
$334K home$2,311 rent
▲ 5.6% 1 yr
Aurora, IL
$323K home$2,294 rent
▲ 3.3% 1 yr
Naperville, IL
$618K home$2,236 rent
▲ 4.5% 1 yr
Joliet, IL
$268K home$1,675 rent
▲ 1.3% 1 yr
Elgin, IL
$340K home$1,923 rent
▲ 4.7% 1 yr
Plainfield, IL
$429K home$3,027 rent
▲ 1.8% 1 yr
Kenosha, WI
$282K home$1,627 rent
▲ 6.5% 1 yr
Waukegan, IL
$247K home$1,660 rent
▲ 6.9% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.