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Studio Apartments for Rent in Aurora, IL

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  • /53

    Starting at $1,849 Per Month

    • Studio - 2 Beds

    4450 Fox Valley Center Dr, Aurora, IL 60504

    Lumen Fox Valley is located at 4450 Fox Valley Center Drive Aurora, IL and is managed by Atlantic Residential, a reputable property management company with verified listings on RENTCafe. Lumen Fox Valley offers Studio to 2 bedroom apartments ranging in size from 662 to 1484 sq.ft. Amenities include Air Conditioner, Availability 24 Hours, BBQ/Picnic Area, Bike Racks, Clubhouse and more. This

    Lumen Fox Valley

    (630) 480-4265

    4450 Fox Valley Center Dr, Aurora, IL 60504
  • /47

    Starting at $1,325 Per Month

    • Studio - 2 Beds

    1037 Howell Place, Aurora, IL 60505

    Welcome to Lakeview Residences in Aurora, an exceptional apartment community perfectly situated in the heart of Phillips Park. Surrounded by natural beauty while still offering convenient access to shopping, dining, and local attractions, Lakeview delivers the ideal balance of comfort, location, and lifestyle.Our thoughtfully designed studio, one-, and two-bedroom apartment homes reflect

    Lakeview Residences

    (331) 226-1469

    1037 Howell Place, Aurora, IL 60505
  • /50

    Starting at $1,790 Per Month

    • Studio - 3 Beds

    1016 Station Blvd, Aurora, IL 60504

    Metro 59 Apartments has it all. Perfect location, luxurious amenities, and amazing convenience. Located steps away from the Route 59 Metra station, and within the most sought-after neighborhood, Aurora, IL is within 10 minutes of downtown Naperville, and moments away from the best dining and shopping. Residents will also love the closeness to Meridian Business Park, the Technology Corridor, and

    Metro 59 Apartments

    (331) 258-3269

    1016 Station Blvd, Aurora, IL 60504
  • /35

    Starting at $1,850 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

    (331) 281-1909

    3955 Fox Valley Center Dr, Aurora, IL 60504
  • /20

    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

    (630) 526-6366

    1340 Marshall Blvd, Aurora, IL 60505
  • /4

    $900 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    946 Oliver Ave Unit 12, Aurora, IL 60506

    Property Id: 1180273Large studio with spacious kitchen. Open concept area with updated paint and carpet. Tenant pays electric, laundry in building Please TEXT for scheduling rather than calling.

    (331) 400-5654

    946 Oliver Ave Unit 12, Aurora, IL 60506

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 $2,401 per month, though prices vary by neighborhood, size, and property type. As of May 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 $96,040 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 $2,401 per month in Aurora, IL, renters typically need to show $7,203 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 11.8, 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 in Aurora, IL

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$2,401
Median Single Family Home Rent
$2,400
Median Townhouse Rent
$2,833
Median Condo Rent
$2,300
How to Rent a Home