Aurora, IL Rental Market
Aurora is the second-largest city in Illinois and a key node in the Chicago metro's western suburbs, offering significantly more affordable rents than the city proper. The Metra commuter rail provides direct access to downtown Chicago, attracting renters who work in the city but prefer suburban living. Major employers including Rush-Copley Medical Center and a broad manufacturing and logistics base provide local employment diversity.
Get a rent estimate for an address in AuroraAverage Rent in Aurora, IL
$1,450
per month · 2026-06
Market Score
Key Facts — Aurora, IL Rental Market
- Average rent in Aurora, IL:$1,450/mo
- Median rent:$1,334/mo
- Rent range:$725 – $3,200/mo
- Most common rental (2 bedrooms):$1,275/mo
- Active listings:680
- Avg days to lease:29 days
- Year-over-year change:+3.5%
- Median home value:$280,000
- Est. gross annual yield:6.2%
- Data as of:2026-06
Rent by Bedroom in Aurora, IL
Average monthly rent for each bedroom type based on current active listings in Aurora.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,050/mo |
2 Bedrooms | $1,275/mo |
3 Bedrooms | $1,625/mo |
4 Bedrooms | $2,000/mo |
5 Bedrooms | $2,300/mo |
Aurora Rental Market Statistics
Key indicators from the current Aurora, IL rental market.
680
Available now in Aurora
29
From list to lease
$1.10
Average across listings
1,318 sq ft
Typical rental size
$725 – $3,200
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Aurora, IL Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$280,000
Typical purchase price in Aurora
Est. Gross Annual Yield
6.2%
Before expenses & vacancy
Avg Monthly Income
$1,450
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Aurora for a full cash-flow breakdown including all costs.
Aurora, IL Rental Market FAQ
Common questions about renting and investing in Aurora, IL.
What is the average rent in Aurora, IL?
The average rent in Aurora, IL is $1,450 per month as of 2026. One-bedroom apartments average $1,050/mo, two-bedrooms $1,275/mo, and three-bedroom homes $1,625/mo — substantially below comparable Chicago neighborhoods at a fraction of the commute cost.
Is Aurora, IL a good place to invest in rental property?
Aurora offers an estimated 6.2% gross annual yield with steady 3.5% year-over-year rent growth. The Metra connection to Chicago, affordable median home values (~$280,000), and diverse local employment make it a solid buy-and-hold market in the Chicago suburbs.
How competitive is the Aurora, IL rental market?
Aurora has approximately 680 active listings and averages 29 days on market. The market is moderately competitive, with well-priced properties near Metra stations typically leasing fastest. The western suburbs see consistent demand from Chicago commuters seeking more space for lower rent.
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