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Aurora city, IL

ZIP 60506 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60506

Median Home Value
$246,700
Median Rent
$1,132
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,585/mo PITI).

18%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.2 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 60506 in Aurora city, IL, a household would need roughly $68,000 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 $1,585. That sits below the local median household income ($76,105), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.2%+3% vs US avg
x
Vacancy Rate
2.9%-72% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
3.1%-75% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
22.6%-54% vs US avg
x
Mortgage-Free
31.4%-18% vs US avg
x
$246,700
Home Value
$1,132
Rent
1967
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 detached67.9%
  • 1-unit attached7.3%
  • 2-9 units12.3%
  • 10+ units12.2%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$246,700
Median rent$1,132
Owner-occupied67.2%
Vacant2.9%
Price-to-income3.2x
Est. income to buy$68,000