What is the Fair Market Rent in Aurora Township, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,810 to $2,730 a month across the 5 ZIP codes that cover Aurora Township.
By ZIP code: 60505 $1,810, 60506 $1,830, 60542 $2,300, 60538 $2,410, 60502 $2,730.
Across the whole Chicago-Joliet-Naperville, IL HUD Metro FMR Area the two-bedroom figure is $2,011.
The Census Bureau’s median gross rent for a two-bedroom home in Aurora Township is $1,376 (±$49), below the Small Area figure for ZIP 60505.
Figures last updated on .
- 2 bedrooms, whole area
- $2,011
- 2 bedrooms, ZIP 60505
- $1,810
- 2 bedrooms, ZIP 60506
- $1,830
- 2 bedrooms, ZIP 60542
- $2,300
Fair Market Rents for Aurora Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Chicago-Joliet-Naperville, IL HUD Metro FMR Area (whole area) | $1,678 | $1,780 | $2,011 | $2,586 | $2,954 | — |
| ZIP 60505 | $1,510 | $1,600 | $1,810 | $2,330 | $2,660 | $1,316 |
| ZIP 60506 (51% of the ZIP’s land is in this place) | $1,530 | $1,620 | $1,830 | $2,350 | $2,690 | $1,343 |
| ZIP 60542 (47% of the ZIP’s land is in this place) | $1,920 | $2,040 | $2,300 | $2,960 | $3,380 | $1,504 |
| ZIP 60538 (39% of the ZIP’s land is in this place) | $1,890 | $1,930 | $2,410 | $3,120 | $3,400 | $1,858 |
| ZIP 60502 (32% of the ZIP’s land is in this place) | $2,280 | $2,420 | $2,730 | $3,510 | $4,010 | $2,079 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
What you can do on Seayora in Aurora Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Aurora Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Aurora Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Aurora Township, and send estimates and invoices from your phone.
Questions about Aurora Township
What is the Section 8 payment standard in Aurora Township?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area is $2,011, and the Small Area figure for 60505 is $1,810.
What is the Fair Market Rent for a two-bedroom in ZIP 60505?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60505 is $1,810 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,316 (±$56).
What is the Fair Market Rent for a two-bedroom in ZIP 60506?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60506 is $1,830 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,343 (±$47).
What is the Fair Market Rent for a two-bedroom in ZIP 60542?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60542 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,504 (±$258).
What is the Fair Market Rent for a one-bedroom in Aurora Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60505 is $1,600 a month, against $1,780 across the Chicago-Joliet-Naperville, IL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Aurora Township at a glance
- Median rent in Aurora Township
- Rent by bedrooms in Aurora Township
- Rent burden in Aurora Township
- Renters and owners in Aurora Township
- Income and affordability in Aurora Township
- Home values in Aurora Township
- Homeowner costs in Aurora Township
- Property taxes in Aurora Township
- Types of homes in Aurora Township
- Bedrooms in Aurora Township
- Age of homes in Aurora Township
- Vacancy rate in Aurora Township
- Heating fuel in Aurora Township
- Commute and cars in Aurora Township
- Population growth in Aurora Township
- How long people stay in Aurora Township
- Crowding and facilities in Aurora Township
- Illinois landlord and tenant rules
- Housing across Kane County
- Housing data for every place in Illinois