$1,525 Per Month
- 1 Bed
- 1 Bath
- 600 Sq Ft
- Condo for Rent
1905 Tall Oaks Dr Unit 1606, Aurora, IL 60505
1905 Tall Oaks Dr Unit 1606, Aurora, IL 60505
Frequently Asked Questions
How much does it cost to rent a condo in Aurora, IL?
The median rent for a condo in Aurora, IL is $2,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Aurora, IL?
To comfortably afford the median rent in Aurora, IL, a household needs to earn roughly $95,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,397 per month in Aurora, IL, renters typically need to show $7,191 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Aurora, IL?
In Aurora, IL, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Aurora, IL are best for renting a condo?
The best neighborhood for renting in Aurora, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Indian Creek, Fox Valley, Stillwater, Country Lakes and Meadow Glens, each with its own character and price range.
