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Aurora city, IL

ZIP 60505 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60505

Median Home Value
$192,500
Median Rent
$1,069
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,237/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60505 in Aurora city, IL, a household would need roughly $53,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,237. That sits below the local median household income ($70,306), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.8%-12% vs US avg
x
Vacancy Rate
7.3%-30% vs US avg
x
Broadband Access
85.0%-2% vs US avg
x
4+ Bedrooms
3.7%-75% vs US avg
x
Built Pre-1939
6.6%-49% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
22.1%-56% vs US avg
x
Mortgage-Free
43.6%+14% vs US avg
x
$192,500
Home Value
$1,069
Rent
1958
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.3%
  • 1-unit attached6.4%
  • 2-9 units19.8%
  • 10+ units10.9%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$192,500
Median rent$1,069
Owner-occupied57.8%
Vacant7.3%
Price-to-income2.7x
Est. income to buy$53,000