102 Luxury Apartments for rent in Aurora, IL

Last updated July 21 at 6:46am UTC
2811 Packford Lane
Big Woods Marmion
Aurora, IL
Updated July 20 at 6:31pm UTC
2 Bedrooms
$1,595
520 Conservatory Lane
Fox Valley
Aurora, IL
Updated July 20 at 2:33am UTC
3 Bedrooms
$1,750
1320 VAUGHN Court
Southeast Aurora
Aurora, IL
Updated July 19 at 2:44am UTC
4 Bedrooms
$1,850
1070 East 4th Street
Eola Yards
Aurora, IL
Updated July 18 at 10:32pm UTC
5 Bedrooms
$2,750
957 Serendipity Drive
South Farnsworth
Aurora, IL
Updated July 18 at 10:32pm UTC
4 Bedrooms
$1,700
2845 Church Road
Big Woods Marmion
Aurora, IL
Updated July 16 at 2:43am UTC
3 Bedrooms
$2,100
3322 Bromley Lane
Eola Yards
Aurora, IL
Updated July 14 at 6:48am UTC
3 Bedrooms
$1,700
2471 Stoughton Circle
Waubonsee
Aurora, IL
Updated July 19 at 10:28pm UTC
2 Bedrooms
$1,700
3326 Bromley Lane
Eola Yards
Aurora, IL
Updated July 19 at 6:23am UTC
3 Bedrooms
$1,700
4036 BOULDER Court
Far East
Aurora, IL
Updated July 18 at 10:02am UTC
2 Bedrooms
$1,600
2249 Reflections Drive
Eola Yards
Aurora, IL
Updated July 17 at 11:03pm UTC
2 Bedrooms
$1,575
2434 Wild Dunes Circle
Far Southeast
Aurora, IL
Updated July 16 at 10:52pm UTC
4 Bedrooms
$2,150
231 Half Moon Circle
Fox Valley
Aurora, IL
Updated July 16 at 10:52pm UTC
4 Bedrooms
$1,600
3366 Ravinia Circle
Far East
Aurora, IL
Updated July 18 at 10:19am UTC
3 Bedrooms
$1,650

July 2018 Aurora Rent Report

Welcome to the July 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

July 2018 Aurora Rent Report

Welcome to the July 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 significantly over the past month

Aurora rents have increased 0.5% over the past month, and have increased moderately by 2.0% in comparison to the same time last year. Currently, median rents in Aurora stand at $1,120 for a one-bedroom apartment and $1,310 for a two-bedroom. This is the fourth 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 -0.2%, as well as the national average of 1.4%.

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

  • Palatine has seen the fastest rent growth in the metro, with a year-over-year increase of 2.8%. The median two-bedroom there costs $1,350, while one-bedrooms go for $1,150.
  • Over the past year, Chicago proper has seen the biggest rent drop in the metro, with a decline of 1.3%. Median two-bedrooms there cost $1,270, while one-bedrooms go for $1,080.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents increased 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 $990; rents increased 0.1% over the past month but fell 0.3% over the past year.

Aurora rents more affordable than many large cities nationwide

As rents have increased moderately in Aurora, other 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 $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 2.0% increase in Aurora.
  • While Aurora's rents rose moderately over the past year, many cities nationwide saw decreases, including Baltimore (-0.6%), St. Louis (-0.4%), 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 0.3% -1.3%
Aurora $1,120 $1,310 0.5% 2.0%
Joliet $1,020 $1,210 0.5% 1.5%
Naperville $1,480 $1,750 0.7% -0.0%
Elgin $1,010 $1,180 0.6% 1.1%
Waukegan $840 $990 0.1% -0.3%
Arlington Heights $1,250 $1,470 0.7% -0.7%
Evanston $1,300 $1,530 0.7% 1.0%
Schaumburg $1,370 $1,610 1.0% 1.4%
Palatine $1,150 $1,350 0.9% 2.8%
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.