121 Cheap Apartments for rent in Aurora, IL

Last updated November 23 at 7:01am UTC
404 North Union Street
McCarty Burlington
Aurora, IL
Updated November 9 at 2:05am UTC
3 Bedrooms
$1,050
529 Oak Avenue
Near West Galena
Aurora, IL
Updated August 30 at 3:16am UTC
2 Bedrooms
$1,080
1546 McClure Road
Indian Creek
Aurora, IL
Updated November 19 at 1:30am UTC
1 Bedroom
$1,050
10 North Lake Street
Near West Galena
Aurora, IL
Updated November 23 at 1:53am UTC
1 Bedroom
$915
Results within 1 miles of Aurora, IL
29W543 Batavia Road
Warrenville
Warrenville, IL
Updated October 24 at 12:32pm UTC
2 Bedrooms
$775
Results within 5 miles of Aurora, IL
337 BARBER Street
West Chicago
West Chicago, IL
Updated October 21 at 9:51am UTC
2 Bedrooms
$895
233 S Batavia Ave
Batavia
Batavia, IL
Updated November 21 at 6:11pm UTC
1 Bedroom
$900
23904 West Main Street
Plainfield
Plainfield, IL
Updated November 9 at 2:03am UTC
1 Bedroom
$1,000
Results within 10 miles of Aurora, IL
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November 2017 Aurora Rent Report

Welcome to the November 2017 Aurora Rent Report. In this report, we'll evaluate trends in the Aurora rental market, including comparisons to cities throughout the metro, state, and nation.

View full Aurora Rent Report
Rent Report
Aurora

November 2017 Aurora Rent Report

Welcome to the November 2017 Aurora Rent Report. In this report, we'll evaluate trends in the Aurora rental market, including comparisons to cities throughout the metro, state, and nation.

Aurora rents declined moderately over the past month

Aurora rents have declined 0.3% over the past month, but have increased slightly by 1.9% in comparison to the same time last year. Currently, median rents in Aurora stand at $1,100 for a one-bedroom apartment and $1,300 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in August. Aurora's year-over-year rent growth leads the state average of 1.0%, but trails the national average of 2.7%.

Rents rising across the Chicago Metro

Throughout the past year, rent increases have been occurring not just in the city of Aurora, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Woodridge has seen the fastest rent growth in the metro, with a year-over-year increase of 2.9%. The median two-bedroom there costs $1,430, while one-bedrooms go for $1,220.
  • Over the past year, Lisle has seen the biggest rent drop in the metro, with a decline of 1.6%. Median two-bedrooms there cost $1,400, while one-bedrooms go for $1,190.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,740; rents decreased 0.4% over the past month but were up 1.6% over the past year.
  • Chicago proper has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,270; rents fell 1.1% over the past month but rose 1.1% over the past year.

Aurora rents more affordable than many large cities nationwide

As rents have increased slightly in Aurora, large cities nationwide have seen rents grow more quickly. Aurora is still more affordable than most large cities across the country.

  • Aurora's median two-bedroom rent of $1,300 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 1.9% increase in Aurora.
  • While Aurora's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Indianapolis (+2.6%), Baltimore (+2.5%), and Denver (+2.0%).
  • Renters will find more reasonable prices in Aurora than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than twice the price in Aurora.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,080 $1,270 -1.1% 1.1%
Aurora $1,100 $1,300 -0.3% 1.9%
Naperville $1,480 $1,740 -0.4% 1.6%
Arlington Heights $1,240 $1,450 -0.8% 2.3%
Evanston $1,290 $1,520 -1.1% -0.2%
Palatine $1,130 $1,320 0.7% 2.5%
Wheaton $1,260 $1,480 0.2% 0.2%
Hoffman Estates $1,090 $1,280 0.3%
Woodridge $1,220 $1,430 -1.6% 2.9%
Lisle $1,190 $1,400 -1.6% -1.6%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.