Aurora, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Aurora short-term rental market based on reliable data.

Listings

116 / 303

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$29,545

Middle-Earners Revenue

Occupancy

74%

Middle-Earners Occupancy

Home Value

$324,470

Median Home Sale Price

Top Earners

$77,772

Top-Earners Revenue

Aurora

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Aurora.

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B

Generally Investor friendly

Aurora Regulations

Aurora allows STRs citywide with a clear licensing framework—no stated caps and a supportive tone—but investors must obtain a short‑term rental license, pass safety inspections, meet zoning/special‑use requirements, designate a local contact, and comply with occupancy, parking, and tax (5% hotel + sales tax) rules—moderate permitting and compliance steps without heavy burdens.

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About Aurora

Aurora, Illinois is the second-largest city in the state, situated primarily in Kane County with smaller portions extending into DuPage, Kendall, and Will counties. With a population of approximately 200,000, it is the largest city in Illinois outside Chicago and serves as a regional hub for the western suburbs and the Fox River Valley. The city sits along the Fox River, roughly 40 miles west of downtown Chicago, and is known for its two historic downtown districts, a stretch of which was famously among the first in the United States to be lit by electric streetlights in 1881. Aurora blends older brick storefronts and mid-century neighborhoods with newer commercial development along the I-88 corridor, and its industrial heritage sits alongside a growing calendar of arts, dining, and family-oriented attractions.

The Paramount Theatre anchors downtown Aurora with a year-round schedule of Broadway-scale musicals, live concerts, comedy, and special events. Housed in a restored 1931 Art Deco landmark, the venue draws audiences from across the Chicago region and is within walking distance of the riverfront, restaurants, and bars, making it a natural focal point for visitors staying in the city.

Just south of the city center, the Phillips Park Zoo is a small, free zoo set inside a larger county park that also includes a golf course, walking paths, a lake, and a playground. A few minutes west, Blackberry Farm is a living-history park operated as a DuPage County facility, where visitors can ride a carousel, a miniature train, and paddle boats, especially during the warmer months. The combination of these two attractions makes Aurora a recurring draw for families traveling with young children.

The Fox River runs through the heart of the city and forms the spine of a string of riverfront parks, including RiverEdge Park, which hosts outdoor concerts, festivals, and a well-known summer concert series. Paddlers and cyclists use the river and adjacent trail system, which connects Aurora to neighboring communities like North Aurora and Oswego. Closer to downtown, the Aurora Regional Fire Museum occupies a restored 1894 firehouse and offers exhibits on firefighting history, with a particular focus on the city's role in early fire-service innovation, while the SciTech Hands On Museum provides interactive science exhibits for children and school groups in the same downtown core.

Aurora's blend of in-town amenities, easy access to the rest of the Chicago area, and a steady calendar of theater, festivals, and family attractions gives short-term-rental operators a varied draw. Visitors who want proximity to Chicago without downtown prices often look to the western suburbs, and Aurora's historic downtown, the Paramount, and the cluster of family-friendly venues along the river and in Phillips Park make it a practical home base for both weekend theatergoers and longer leisure trips.

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