Real Estate Investing in Aurora, Illinois (60502)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60502 (Aurora, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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, IL (60502)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60502 Aurora
ZIP 60502 inside DuPage County looks affordable on the surface — median value of $427K — but the discount exists for reasons that a careful buyer should understand before committing.
The 60502 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 60502 sits on the difficult end of the IL spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 60502 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Aurora:
Property Strategy for 60502
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $314,570 | $2,420 | 5.5% | +9.4% | $157,285 |
| 3BR | $373,547 | $3,120 | 6.0% | +8.1% | $124,516 |
| 4BR | $596,513 | $3,600 | 4.3% | +9.1% | $149,128 |
| 5BR | $729,753 | — | — | +9.7% | $145,951 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60502 Compare?
| Metric | 60502 | Aurora | Illinois |
|---|---|---|---|
| Home Value | $426,561 | $356,373 | $279,761 |
| 5-Year CAGR | 6.3% | 7.1% | 6.6% |
| Avg Rent | $2,502 | $2,219 | - |
| Cap Rate | 4.6% | 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 60502 (Aurora, IL). Anonymous, moderated, never written by AI.
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Property managers serving DuPage County
Manage rentals here? List your business →Hillcrest Property Management is an HOA Management Company serving HOAs. summary from their website
Redbrick Property Management specializes in HOA, Condo, Townhouse, Community Management for large-scale, master-planned, gated, and senior communities in Lombard. summary from their website
ACM Community Management is part of RealManage. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $426,561 |
| Monthly Rent | $2,502 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 60502
Population: 23,242
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 60502
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
C F Simmons Middle School
Benavides Steam Academy
John Gates Elem School
K D Waldo Middle School
Mabel O Donnell Elem School
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
Frequently Asked Questions
What are rental rates like in Aurora, IL?
Expect rents around $2,502/mo per month in Aurora, IL. With home values at $427K, the yield math works out to reasonable levels for rental investors.
Are there empty rentals in Aurora, IL?
Expect elevated vacancy in Aurora, IL. Rents at $2,502/mo are absorbed by the tenant base without meaningful lag.
Is Aurora in IL worth investing in?
The 3.0/5 investability rating in Aurora, IL reflects its $427K prices and $2,502/mo rents. Investors generally consider it a solid option within IL.
How do experienced investors play Aurora, IL?
In Aurora, IL the significant play is typically careful cash-flow rentals with hands-on management. The combination of $427K prices and $2,502/mo rents suits that approach.
What kind of tenants rent in Aurora, IL?
Expect a solid tenant pool in Aurora, IL. The rental market absorbs $2,502/mo rents without meaningful friction.
You know 60502 now. You don’t know where it ranks.
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How 60502 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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