
Cheap Apartments for Rent in the Downtown Aurora Neighborhood of Aurora, IL from $1,000 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Aurora area of Aurora.


Downer Place Lofts

River Street Plaza

400 N Union St

111 Blackhawk Ave

45-65 South Lincoln Avenue
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

SFR

749 Front St

177 S Lincoln Ave

224 Black Hawk St

314 Oak Ave

400 E Downer Pl
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

633 Garfield Ave

Fox Valley Apartments- Todd School

Signal Point Apartments

Keystone Lofts

Esser Lofts & Apartments

Lake Pointe
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Fox Valley Apartments- Lincoln School

415-419 E Galena Blvd

Westmore Apartments

301-309 E New York St

61-65 E Downer Pl

Fox Shore Apartment
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

354 Spruce St
Downtown Aurora, Aurora, IL Local Guide

How much does it cost to rent an apartment in Downtown Aurora?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Aurora Studio Apartments | $1,121 | $1,070 | $1,195 |
| Downtown Aurora 1 Bedroom Apartments | $1,486 | $1,275 | $1,690 |
| Downtown Aurora 2 Bedroom Apartments | $1,905 | $1,600 | $2,175 |
| Downtown Aurora 3 Bedroom Apartments | $1,872 | $1,795 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 1 mile radius of the Downtown Aurora Neighborhood of Aurora, IL.
See all Apartments in AuroraExplore Aurora
Downtown Aurora, Aurora, IL Local Guide
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Cheapest Available Downtown Aurora Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The LUXE Residences of Aurora | One Bedroom Small (LRA-1S) | 1BR,1BA | $1,550 |
| Downer Place Lofts | 2bed/1bath | 2BR,1BA | $2,150 |
Best Value Apartments for Rent in Downtown Aurora, IL
As of January 12, 2026 the best value apartment in the Downtown Aurora area is the $1.88 price per square foot 2bed/1bath Model at Downer Place Lofts in the in the West Side Aurora neighborhood starting from $2,150. The second greatest value Downtown Aurora apartment is the 20 N Locust St Model at 20 N Locust St, Unit Apt 1 starting at $1,795 with a $1.63 price per square foot in the West Side Aurora neighborhood. Here is today’s list of the best values for Downtown Aurora apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Downer Place Lofts | 2bed/1bath | 2BR,1BA | $1.88 |
| 20 N Locust St, Unit Apt 1 | 20 N Locust St | 3BR,1BA | $1.63 |
| The LUXE Residences of Aurora | One Bedroom Small (LRA-1S) | 1BR,1BA | $2.31 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Downtown Aurora, Aurora, IL
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Aurora Apartments
What is the price of a cheap apartment in Downtown Aurora?
The cheapest apartment in Downtown Aurora is The LUXE Residences of Aurora which is listed at $1,550, while the average apartment in Downtown Aurora costs $1,885.
What types of apartments are the cheapest in Downtown Aurora?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Downtown Aurora that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!