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

114 / 288

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$30,740

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$310,838

Median Home Sale Price

Top Earners

$78,506

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 is a city in the Chicago metropolitan area. Located primarily in DuPage and Kane Counties, it is the second-most populous city in Illinois, after Chicago, and the 144th-most populous city in the United States. The population was 180,542 at the 2020 census.Founded within Kane County, Aurora's city limits have expanded into DuPage, Kendall, and Will counties. Once a mid-sized manufacturing city, Aurora has grown since the 1960s. From 2000 to 2009, the U.S. Census Bureau ranked the city as the 46th-fastest-growing city with a population of over 100,000.In 1908, Aurora adopted the nickname "City of Lights", because in 1881 it was one of the first cities in the United States to implement an all-electric street lighting system. Aurora's historic downtown is located on the Fox River, and centered on Stolp Island. The city is divided into three regions, the West Side, on the west side of the Fox River, the East Side, between the eastern bank of the Fox River and the Kane/DuPage County line, and the Far East Side/Fox Valley, which is from the County Line to the city's eastern border with Naperville. The Aurora area has some significant architecture, including structures by Frank Lloyd Wright, Ludwig Mies van der Rohe, Bruce Goff and George Grant Elmslie. Aurora is also home to over 50 Sears Catalog Homes and seven Lustron all-steel homes. The Hollywood Casino Aurora, a dockside gaming facility with 53,000 square feet (4,900 m2) and 1,200 gaming positions, is located along the river in downtown Aurora.

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