Real Estate Investing in Aurora, Ohio (44202)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44202 (Aurora, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Aurora, OH (44202)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44202 Aurora
The 44202 ZIP in Aurora, OH is a local-operator market. Outside capital chasing a $420K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $420K asset, 44202 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 44202 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A durable renter share of 15% in 44202 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 44202 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Aurora:
Property Strategy for 44202
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $304,790 | $1,900 | 4.5% | +7.5% | $152,395 |
| 3BR | $354,213 | $2,320 | 4.7% | +7.3% | $118,071 |
| 4BR | $508,173 | $2,520 | 3.6% | +7.0% | $127,043 |
| 5BR | $631,030 | — | — | +7.4% | $126,206 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44202 Compare?
| Metric | 44202 | Aurora | Akron, OH | Ohio |
|---|---|---|---|---|
| Home Value | $420,107 | $420,107 | N/A | $237,530 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 7.4% |
| Avg Rent | $2,629 | $2,629 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44202 (Aurora, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $420,107 |
| Monthly Rent | $2,629 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 44202
Population: 22,857
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 44202
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,662 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Aurora, OH a smart market for rental property?
The 3.0/5 investability rating in Aurora, OH reflects its $420K prices and $2,629/mo rents. Investors generally consider it a solid option within OH.
Do rentals sit vacant long in Aurora, OH?
Expect elevated vacancy in Aurora, OH. Rents at $2,629/mo are absorbed by the tenant base without meaningful lag.
How do landlord-tenant laws work in Aurora, OH?
OH law landlord-friendly for landlords, and Aurora inherits those rules. Investors should still review local ordinances for rental licensing.
What is the best play in Aurora, OH?
Aurora, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($420K prices, $2,629/mo rents) make it a reasonable choice.
How much rent can I charge in Aurora, OH?
Rents in Aurora, OH run near $2,629/mo. Compared with median home prices of $420K that produces solid gross yields for typical rentals.
You know 44202 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44202 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 44202 ranks in Akron, OH
Every ZIP in this metro, ranked. Free.
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