What is the Fair Market Rent in Aurora, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,810 to $2,910 a month across the 5 ZIP codes that cover Aurora.

By ZIP code: 60504 $2,700, 60503 $2,910, 60502 $2,730, 60505 $1,810, 60506 $1,830.

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 is $1,608 (±$95), below the Small Area figure for ZIP 60504.

Figures last updated on .

2 bedrooms, whole area
$2,011
2 bedrooms, ZIP 60504
$2,700
2 bedrooms, ZIP 60503
$2,910
2 bedrooms, ZIP 60502
$2,730

Fair Market Rents for Aurora, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Chicago-Joliet-Naperville, IL HUD Metro FMR Area (whole area)$1,678$1,780$2,011$2,586$2,954—
ZIP 60504 (93% of the ZIP’s land is in this place)$2,250$2,380$2,700$3,470$3,960$1,965
ZIP 60503 (89% of the ZIP’s land is in this place)$2,370$2,470$2,910$3,760$4,200$2,274
ZIP 60502 (87% of the ZIP’s land is in this place)$2,280$2,420$2,730$3,510$4,010$2,079
ZIP 60505 (81% of the ZIP’s land is in this place)$1,510$1,600$1,810$2,330$2,660$1,316
ZIP 60506 (63% of the ZIP’s land is in this place)$1,530$1,620$1,830$2,350$2,690$1,343

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.

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Questions about Aurora

What is the Section 8 payment standard in Aurora?

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 60504 is $2,700.

What is the Fair Market Rent for a two-bedroom in ZIP 60504?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60504 is $2,700 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,965 (±$76).

What is the Fair Market Rent for a two-bedroom in ZIP 60503?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60503 is $2,910 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,274 (±$176).

What is the Fair Market Rent for a two-bedroom in ZIP 60502?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60502 is $2,730 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,079 (±$103).

What is the Fair Market Rent for a one-bedroom in Aurora?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60504 is $2,380 a month, against $1,780 across the Chicago-Joliet-Naperville, IL HUD Metro FMR Area.

Sources

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 .

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