Aurora, Colorado Housing Market Prices
Aurora Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 12% below the Colorado median$428,229
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Median rent 4% above the Colorado median$1,823
Housing Market Overview
| Metric | Aurora | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $428,229 | $484,034 | $248,835 |
| Price Trend (Annual %) | 14.7% | 10.4% | 7.5% |
| Median Gross Rent | $1,823 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.7% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aurora is about 12% lower than in Colorado. Rent is about 4% higher than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Aurora, up about 14.7% and 6.7% a year respectively. Home prices are changing faster.
Median rent in Aurora rose about 79.2% between 2015 and 2024, from $1,018 to $1,823. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Aurora.
Buying the median-priced home in Aurora costs roughly 19.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Aurora. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Aurora | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $428,229 | $484,034 | $248,835 |
| Median Household Income | $87,730 | $95,803 | $80,455 |
| Price-to-Income Ratio | 4.9 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Aurora rose about 217.0%, while median household income rose about 68.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Aurora | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.3% | 60.7% | 58.5% |
| Rental Rate | 36.0% | 31.0% | 31.2% |
| Vacancy Rate | 4.7% | 8.3% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Aurora has a homeownership rate of 59.3%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 4.7%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Aurora | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1987 | 1985 | 1978 |
| Median Number of Rooms | 5.4 | 5.7 | 5.5 |
The typical housing unit in Aurora was built around 1987. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 11.0 years on average.
Aurora, CO Housing Compared With Nearby Cities
How Aurora, CO compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Aurora, CO | 367,361 | $428,229 #2/2 | $1,823 #2/2 | 62.2% #1/2 |
| Denver, CO | 718,150 | $618,408 | $1,831 | 48.8% |
Frequently Asked Questions
Common questions about the housing market in Aurora, Colorado.
What is the median home price in Aurora, Colorado?
The median home price in Aurora, Colorado is $428,229, lower than the Colorado average of $484,034.
What is the average home price in Aurora, Colorado?
The typical home price in Aurora, Colorado, reported as the median sale price, is $428,229. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Aurora, Colorado?
The median gross rent in Aurora, Colorado is $1,823 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Aurora in 2020?
In 2020, the median gross rent in Aurora, Colorado was $1,394 per month.
What is the price-to-rent ratio in Aurora, Colorado?
The price-to-rent ratio in Aurora, Colorado is about 19.6, meaning it would take roughly 19.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Aurora.
Are home prices or rent rising faster in Aurora, Colorado?
Both home prices and rent are rising in Aurora, up about 14.7% and 6.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Aurora, Colorado?
59.3% of households in Aurora, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Aurora, Colorado?
The housing vacancy rate in Aurora, Colorado is 4.7%, lower than the Colorado average of 8.3%.
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