22 Cheap Apartments for rent in Aurora, IL

Last updated June 18 at 7:11pm UTC
1980 Selmarten Road
Indian Creek
Aurora, IL
Updated June 14 at 9:25am UTC
1 Bedroom
$1,050
563 Ashland Avenue
Southeast Aurora
Aurora, IL
Updated June 9 at 2:56am UTC
1 Bedroom
$850
1715 Felten Rd Apt 6
Indian Creek
Aurora, IL
Updated June 1 at 11:05am UTC
1 Bedroom
$800
Results within 5 miles of Aurora, IL
133 South Whispering Hills Drive
Naperville
Naperville, IL
Updated June 14 at 4:56am UTC
2 Bedrooms
$1,100
24119 West Hazelcrest Drive
Plainfield
Plainfield, IL
Updated June 13 at 6:04am UTC
2 Bedrooms
$1,100
1221 Whispering Hills Court
Brush Hill
Naperville, IL
Updated June 9 at 2:58am UTC
2 Bedrooms
$1,100
2000 Light Road 205
Oswego
Oswego, IL
Updated June 8 at 9:57am UTC
1 Bedroom
$850
Results within 10 miles of Aurora, IL
15 South 4th Avenue
St. Charles
St. Charles, IL
Updated June 9 at 2:59am UTC
2 Bedrooms
$1,100
1700 Walnut Street
St. Charles
St. Charles, IL
Updated June 9 at 2:58am UTC
2 Bedrooms
$950
2300 OLD TAVERN Road
Beau Bien
Lisle, IL
Updated June 9 at 2:56am UTC
2 Bedrooms
$1,100
470 FAWELL Boulevard
Glen Ellyn
Glen Ellyn, IL
Updated June 9 at 2:55am UTC
1 Bedroom
$1,100
24032 West OAK Street
Plainfield
Plainfield, IL
Updated June 9 at 2:54am UTC
1 Bedroom
$1,000
244 East Bailey Road
Naperville
Naperville, IL
Updated June 9 at 2:54am UTC
1 Bedroom
$999

June 2018 Aurora Rent Report

Welcome to the June 2018 Aurora Rent Report. Aurora rents increased over the past month. 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

June 2018 Aurora Rent Report

Welcome to the June 2018 Aurora Rent Report. Aurora rents increased over the past month. In this report, we'll evaluate trends in the Aurora rental market, including comparisons to cities throughout the metro, state, and nation.

Aurora rents increased slightly over the past month

Aurora rents have increased 0.2% over the past month, and are up moderately by 2.6% in comparison to the same time last year. Currently, median rents in Aurora stand at $1,110 for a one-bedroom apartment and $1,310 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in February. Aurora's year-over-year rent growth leads the state average of 0.0%, as well as the national average of 1.5%.

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, 7 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Aurora has seen the fastest rent growth in the metro, with a year-over-year increase of 2.6%. The median two-bedroom there costs $1,310, while one-bedrooms go for $1,110.
  • Over the past year, Arlington Heights has seen the biggest rent drop in the metro, with a decline of 1.2%. Median two-bedrooms there cost $1,460, while one-bedrooms go for $1,240.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,730; rents were up 0.7% over the past month but remained flat year-over-year.
  • Waukegan has the least expensive rents in the Chicago metro, with a two-bedroom median of $980; rents were up 0.1% over the past month but fell 0.5% over the past year.

Aurora rents more affordable than many large cities nationwide

As rents have increased moderately in Aurora, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Aurora is still more affordable than most large cities across the country.

  • Aurora's median two-bedroom rent of $1,310 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 2.6% rise in Aurora.
  • While Aurora's rents rose moderately over the past year, some cities nationwide saw decreases, including Baltimore (-0.8%) and DC (-0.1%).
  • 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 0.4% -0.8%
Aurora $1,110 $1,310 0.2% 2.6%
Joliet $1,020 $1,200 -0.1% 1.1%
Naperville $1,470 $1,730 0.7% 0.3%
Elgin $1,000 $1,180 0.3% 0.6%
Waukegan $840 $980 0.1% -0.5%
Arlington Heights $1,240 $1,460 0.7% -1.2%
Evanston $1,290 $1,520 0.9% 1.4%
Schaumburg $1,350 $1,590 0.7% 0.9%
Palatine $1,140 $1,340 0.9% 2.3%
See more

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.