Average Rent in Aurora, IL

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Current Versus Historical Aurora, IL Rents

Aurora rentals average $995 for a studio rental to $3,175 for a 4-bedroom rental. The median price of all currently available listings is $2,150, or roughly $17 per square feet.
For the apartment units and housing in May 2023, median rents have risen substantially over the last year. Studio rentals prices have increased by $429 (2,430.19%) year-over-year from $18 to $447. 1-bedroom rentals prices have increased by $652 (44.69%) year-over-year from $1,459 to $2,111. 2-bedroom rentals prices have increased by $432 (25.95%) year-over-year from $1,663 to $2,095. 3-bedroom rentals prices have increased by $171 (8.04%) year-over-year from $2,129 to $2,300. 4-bedroom rentals prices have decreased by $158 (-5.26%) year-over-year from $3,008 to $2,850. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 45.37% this month. 1-bedroom rents have gone up by 14.58% this month. 2-bedroom rents have gone up by 3.20% this month. 3-bedroom rents have gone down by 3.36% this month. 4-bedroom rents have gone down by 0.83% this month.
Beds
Price / Sqft
May 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $29 $447 $18 (2,430.19%) $735 (-39.16%)
1 BR $23 $2,111 $1,459 (44.69%) $867 (143.58%)
2 BR $17 $2,095 $1,663 (25.95%) $1,483 (41.24%)
3 BR $17 $2,300 $2,129 (8.04%) $1,708 (34.63%)
4+ BR $15 $2,850 $3,008 (-5.26%) $2,417 (17.93%)

Historical Rents in Aurora, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Aurora

There are a total of 2 cities nearby Aurora. The average rent in Aurora is currently $2,278 per month. Only one city nearby has an average rent lower than that. Our records show that Wheaton, IL, with an average rent of $1,905, is the most affordable city nearby. In contrast, the most expensive city near Aurora, IL is Naperville, IL. Monthly rents here are on average $2,650 per month.

Let's compare Aurora, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Aurora, IL is 42.21% more expensive than other cities nearby. One bedrooms are about 45.97% more affordable. Two bedrooms in Aurora, IL are about 5.26% more affordable. Finally, rent for three bedrooms are about 23.66% more affordable. Want more information? Check out the top 2 cities near Aurora, IL in the following chart.
City Studio 1 Bed 2 Bed All
Wheaton, IL $1,150 $1,775 $2,188 $1,905
Naperville, IL N/A $1,488 $2,175 $2,650

Top Neighborhoods Near Aurora



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Aurora

The average rent for rentals in these counties is $2,088. That's roughly around $23 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Milton, IL. It's average rent per month is $1,875. Vice versa, with an average rent of $2,300, Naperville, IL is the most expensive county by Aurora, IL.

Typically, rent for studios in Aurora, IL is 42.21% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Aurora, IL is 21.25% more expensive than other counties nearby. Finally, rent for two bedrooms in Aurora, IL is 3.09% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Milton, IL $1,150 $1,760 $2,173 $1,875
Naperville, IL N/A N/A $2,100 $2,300

Top Zipcodes Near Aurora

There is one zipcode in or near Aurora, IL. The average rent for this zipcode is $2,083.

The following chart includes the zipcode in or near Aurora, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60189, Wheaton, IL N/A $1,805 $2,193 $2,083

Frequently Asked Questions - Aurora Average Rents

What is the average rent price in Aurora, IL?
The average monthly rental price for Aurora, IL apartments for rent is approximately $2,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Aurora, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Aurora, IL.
How much is a studio apartment in Aurora, IL?
The average monthly rental price for studio apartments is $995 and an average price per square feet of $29.12. There are a total of 3 studio apartment listings currently available for rent in Aurora.
How much is a one bedroom apartment in Aurora, IL?
The average monthly rental price for one bedroom apartments is $1,118 and an average price per square feet of $22.87. There are a total of 2 one bedroom apartment listings currently available for rent in Aurora.
How much is a two bedroom apartment in Aurora, IL?
The average monthly rental price for two bedroom apartments is $2,073 and an average price per square feet of $17.35. There are a total of 36 two bedroom apartment listings currently available for rent in Aurora.
How have rent prices in Aurora, IL changed this year?
Rent prices for rentals in Aurora, IL can fluctuate yearly. Specifically, studio rental prices have changed by 24.30%, one bedroom rental prices have changed by 0.45%, two bedroom rental prices have changed by 0.26%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Aurora, IL?
A reasonable rent price in Aurora, IL is around $1,720/month. You can search for these reasonably priced rental listings on RentHop.
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