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Aurora, CO Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,796
Monthly Cash Flow
-$923
Principal + Equity
$2,733
Annual Total Gain
$21,719
Cash on Cash
-9.56%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$167
Occupancy Rate
67.74%
Monthly Revenue
$2,244
Monthly Cash Flow
-$811
Principal + Equity
$2,733
Annual Total Gain
$23,061
Cash on Cash %
-8.4%
Net ROI %
Market Health & Growth
Median Income
$84,320
Population
390,201
LTR Renter %
36.74%
Forecast (1 yr)
-0.7%
Appreciation (1 yr)
-4.31%
Appreciation (5 yr)
23.77%
Appreciation (10 yr)
81.77%
Job Growth
0.58%
LTR Rentability
Moderate
STR Demand
78
STR Rentals
820
Top Public Schools
A-DSST: Cedar High School
A-Challenge School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Most Diverse Cities in America
#36out of 229 markets
Healthiest Places to Live in America
#92out of 230 markets
Best Cities for Outdoor Activities in America
#61out of 229 markets
B-
Public School
D
Crime And Safety
D
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Aurora, CO.
In Aurora, CO, Short Term Rentals (STRs) are regulated by the city's Department of Finance and the Department of Planning and Development Services. Here are some key regulations that an investor should be aware of before purchasing a property for STR purposes:
1. Licensing: All STRs in Aurora must be licensed by the city. This includes obtaining a short-term rental license and a sales tax license. The property must also comply with all building and zoning codes.
2. Occupancy limits: The city of Aurora has specific occupancy limits for STRs, which vary depending on the size of the property. It is important for investors to ensure that their property complies with these limits to avoid fines or penalties.
3. Noise and nuisance regulations: Aurora has strict regulations regarding noise and nuisance complaints related to STRs. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of neighbors and the community.
4. Parking regulations: Aurora has specific parking regulations for STRs, including requirements for off-street parking. Investors should ensure that their property has adequate parking spaces for guests to avoid any issues with the city.
5. Insurance requirements: Aurora requires that all STRs have liability insurance coverage. Investors should make sure that their property is properly insured to protect themselves and their guests in case of any accidents or damages.
6. Taxation: Investors should be aware of the tax implications of operating an STR in Aurora. This includes collecting and remitting sales and lodging taxes to the city, as well as potentially paying income taxes on rental income.
Overall, investors should thoroughly research and understand the regulations and requirements for operating an STR in Aurora before purchasing a property for this purpose. Failure to comply with city regulations can result in fines, penalties, or even the revocation of the short-term rental license.
Market Trends Over Time
Explore 25 years of market data for Aurora, CO, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Aurora, CO.
The LTR Genie Score of Aurora, CO is 50 and STR Genie Score is 55, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, suggesting that there may be some challenges in finding long-term tenants. However, the LTR Net ROI of 18.75% and STR Net ROI of 19.91% are relatively high, indicating good potential for returns in both rental strategies. The 1-Year Price Appreciation Forecast is slightly negative, which may be a concern for long-term investors. The STR Occupancy rate of 67.74% and STR Revenue of 2244 are positive indicators for short-term rental investors.
Aurora, CO is a growing city located just east of Denver, offering a diverse economy and a range of housing options. With a mix of urban and suburban neighborhoods, Aurora attracts a variety of residents, making it a potentially lucrative market for real estate investors.
Overall, Aurora, CO presents opportunities for both long-term and short-term rental investments. Investors may want to consider a combination of both strategies to maximize returns and mitigate risks. Conducting thorough market research and working with a local real estate agent can help investors make informed decisions in this market.