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These days, finding an affordable place to live in the Aurora area can be challenging. Home prices in Aurora are now at a median cost of $281,122, lower than the Illinois average of $300,242.
The average cost of rent is $1,729/mo in Aurora, primarily driven by the current value of real estate in the Aurora area. In Aurora, 33.42% of households rent, and 32.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Aurora is $8,610 per month. Households that rent pay about 20.09% of their income on rent here. Aurora’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eola, IL: higher priced homes
- Boulder Hill, IL: less expensive homes
- North Aurora, IL: higher priced homes
- Montgomery, IL: equally priced homes
- Oswego, IL: higher priced homes
- Batavia, IL: higher priced homes
- Naperville, IL: higher priced homes
- Warrenville, IL: higher priced homes
- Sugar Grove, IL: higher priced homes
- Mooseheart, IL: higher priced homes
Cities with Similar Populations
- Los Angeles, CA: higher priced homes
- Long Beach, CA: higher priced homes
- Jersey City, NJ: higher priced homes
- Jackson, TN: less expensive homes
- Jonesboro, AR: less expensive homes
- Kalamazoo, MI: less expensive homes
- Katy, TX: higher priced homes
- Lawton, OK: less expensive homes
- Lawrence, MA: higher priced homes
- Lancaster, PA: equally priced homes
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