Cost of Living in Oswego County, New York

$943/mo
Median Monthly Rent
$139,600
Median Home Value

At a Glance

Median Monthly Rent
$943/mo
17% below state average
Median Home Value
$139,600
50% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Oswego County Compares

Median monthly rent comparison

Oswego County$943/mo
New York Average$1,133/mo
National Median$1,163/mo

Detailed Housing Stats

$943/mo
Median Gross Rent
$139,600
Median Home Value
$1,061/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Oswego County ranks #2,303 of 3,144 counties for affordability (bottom 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Oswego County, New York

Oswego's housing costs stay well-balanced

Oswego County residents spend 16.5% of their income on rent, below the national affordability stress threshold and among New York's healthier markets. With a median household income of $68,461, the county keeps housing accessible despite below-average earnings.

Better than state average on affordability

Oswego County's 16.5% rent-to-income ratio beats the state average of 17.6%, positioning it as one of New York's more livable housing markets. The median rent of $943 runs $190 below state average, delivering meaningful monthly savings for typical households.

Oswego competes with Western NY's best

Oswego's $943 rent sits between Orleans ($877) and Onondaga ($1,067), while its 16.5% ratio ties with Orleans for the region's best affordability metrics. The county offers a middle-ground option between Western and Central New York's housing markets.

Modest income supports manageable housing

Oswego households earn $68,461 annually and dedicate just 16.5% to rent at $943 per month, leaving room for other necessities. Owner costs of $1,061 remain reasonable for the income level, making both renting and buying sustainable options.

Oswego offers solid Lake Ontario value

Relocating to Oswego puts you in one of New York's most affordable counties with a 16.5% rent-to-income ratio matching Orleans. Compared to pricier options like Orange County (19.9%) or even Ontario (16.9%), Oswego delivers genuine affordability without sacrificing regional amenities.

Cost of Living Advisory: Oswego County

Affordability Verdict

For renters in Oswego County, the market is affordable. Expect to pay around $943/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

At $943/month rent versus $1,061/month in owner costs, renting is roughly $118/month cheaper — a 11% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,720/year. For owner costs at the 28% rule, the required income is roughly $45,471/year. With a median household income of $68,461, most households can comfortably afford rent here. Notably, 29.0% of renter households in Oswego County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Oswego County sits 6% more expensive than Madison County ($891/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Oswego County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,597

per month

Owner Cost Burden

18.6%

of gross income

You can likely afford the median home in Oswego County

Median home value is $139,600. Estimated monthly cost: $1,114 vs. your max of $1,597.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,461Needed: $37,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,461Needed: $45,471
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,461Needed: $32,489

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Oswego County, New York?
Oswego County, New York has a median monthly rent of $943/mo and a median home value of $139,600. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Oswego County?
The median gross rent in Oswego County is $943/mo. This is 17% below state average for New York.
Is Oswego County affordable?
Oswego County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Oswego County's rent compare to the state average?
Oswego County's median rent of $943/mo is 17% below state average of $1,133/mo for New York.
What is the median home value in Oswego County?
The median home value in Oswego County, New York is $139,600. This is 50% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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