Investment metrics, interactive calculators, and data-driven analysis for Aurora rental properties.
Pre-filled with Aurora medians. Adjust to match a specific property.
Factor in financing to see your actual return on invested capital in Aurora.
Aurora, CO has a population of 395,690 and has been growing at 1.3% annually — above the national average, suggesting steady demand pressure on housing. The median home price of $420,000 paired with median rents of $1,720/mo produces an estimated cap rate of 3.34%.
Property taxes at 0.52% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5.2% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 6.7x, homes cost about 6.7 times the local median income of $62,800. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 2.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: At current median prices, Aurora is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.