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Studio Apartments for Rent in Aurora, IL

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    Starting at $1,468 Per Month

    • Studio - 3 Beds

    100 N Broadway, Aurora, IL 60505

    Life flows better when your morning starts with river views. When downtown is a walk, not a drive. When the train to Chicago is across the street, and nature trails begin at your back door. This is 100 Broadway On The River Apartments—where downtown Aurora's urban energy meets the natural ease of the Fox River. As Aurora's signature riverfront apartment community, every detail has been

    100 Broadway on the River

    100 N Broadway, Aurora, IL 60505
  • /38

    Starting at $1,668 Per Month

    • Studio - 3 Beds

    1381 Cherry Blossom St, Aurora, IL 60506

    Coming soon! Springs at Aurora is a gated, garden-style apartment community in Aurora, Illinois, near Fox Valley Mall, Chicago Premium Outlets, and the Orchard Road corridor. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Aurora offers studio, one, two, and three bedroom floor plans. Pricing varies by floor

    Springs at Aurora

    1381 Cherry Blossom St, Aurora, IL 60506
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    Starting at $1,882 Per Month

    • Studio - 2 Beds

    3955 Fox Valley Center Dr, Aurora, IL 60504

    Lucca Fox Valley is a luxury community offering studio, one bedroom, one bedroom plus den, two bedroom, and two bedroom plus den apartments in two unique color schemes. Lucca Fox Valley connects with nature by offering multiple outdoor courtyards, a large dog run, and a shimmering pool for residents to enjoy. Lucca cultivates a lively and connected atmosphere with a clubhouse, entertainment

    Lucca Fox Valley

    3955 Fox Valley Center Dr, Aurora, IL 60504
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    Starting at $1,090 Per Month

    • Studio - 2 Beds

    7 S Stolp Ave, Aurora, IL 60506

    Located in the heart of historic downtown Aurora on Historic Stolp Island, Leland Tower Apartments offers the excitement of urban high-rise living with the affordability and convenience of the suburbs. Enjoy all that “the city of lights” has to offer – the Paramount Theatre, Copley Theatre, Waubonsee Community College and great restaurants and shopping all within walking distance of your front

    Leland Tower Apartments

    7 S Stolp Ave, Aurora, IL 60506
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    Starting at $1,075 Per Month

    • Studio - 3 Beds

    1340 Marshall Blvd, Aurora, IL 60505

    Enjoy first class living at Aurora Heights Apartments. Our quiet community is nestled in a country atmosphere while still being close to shopping, dining, and entertainment. Our gorgeous apartment homes offer amazing living space, eat-in kitchens, and enormous bedrooms. Come home and relax at our magnificent community. Nestled in beauty accompanied by the service YOU deserve, we guarantee you'll

    Aurora Heights

    1340 Marshall Blvd, Aurora, IL 60505

Why Live in Aurora

The beautifully restored Art Deco Paramount Theatre stands as Aurora's cultural cornerstone, presenting Broadway-caliber performances throughout the year. Music fills the air at RiverEdge Park, an outdoor venue along the Fox River hosting events like the Blues on the Fox festival. Families gravitate to Phillips Park, which features a zoo, mastodon exhibit, and aquatic center, while history comes alive at Blackberry Farm's 19th-century pioneer life museum. The Chicago Premium Outlets draw shoppers with over 170 designer stores, complemented by the diverse retail selection at Fox Valley Mall. Downtown Aurora buzzes during First Fridays with pop-up art galleries and live music.

Aurora's real estate landscape spans diverse price points across distinct neighborhoods. The median price for single-family homes in Aurora is $320,000, with significant variation by area. Far East commands the highest median prices at $543,500, while Southeast Aurora and Downtown Aurora present more affordable options at $239,900 and $240,000 respectively. Fox Valley features condos with median prices of $147,500 for one bedroom units and $219,000 for two bedrooms.

Property taxes in Aurora reflect Kane County's 2.39% effective rate, higher than nearby Naperville's DuPage County rate of 2.09%. The Illinois state income tax rate stands at 4.95%, with a combined sales tax rate of 8.89%.

Education excellence shines through highly rated schools like the Illinois Mathematics and Science Academy and Waubonsie Valley High School, both earning A+ ratings. Aurora University provides higher education opportunities. Commuters benefit from Metra rail service to Chicago and Pace bus connections throughout the region. The Fox River Trail and over 30 parks covering 800 acres create abundant recreational spaces, while Rush-Copley Medical Center ensures quality healthcare access.

Frequently Asked Questions

How much does it cost to rent a home in Aurora, IL?
The median rent for a home in Aurora, IL is $2,400 per month, though prices vary by neighborhood, size, and property type. As of July 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 $96,000 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 $2,400 per month in Aurora, IL, renters typically need to show $7,200 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 12.2, 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.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,400
Median Single Family Home Rent
$2,400
Median Townhouse Rent
$2,800
Median Condo Rent
$2,300
How to Rent a Home