At $1,550/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,550 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Bourbonnais, IL is majority owner-occupied, 34.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Bourbonnais, IL has changed in 5 years
On the earnings side, the typical household in Bourbonnais, IL now reports about $81,708, up from $72,819 in 2021. Headcount in the area went from 18,959 to 18,078 between 2021 and 2024, a 4.6% change. About 26.6% of households rent today, against 32.6% in 2021.
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Can you afford rent in Bourbonnais on your salary?
At $1,550/mo, how Bourbonnais rent compares to typical pay (30% rule).
Bourbonnais rent by bedroom count
Median rent for each apartment size in Bourbonnais. Click any size for full breakdown.
Tips for renters in Bourbonnais
Last updated: August 17, 2026
The median rent in Bourbonnais is $1,550/mo as of August 2026. A studio apartment averages $960/mo while a 2-bedroom runs $1,400/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,850/mo.
At 23% of local median household income ($81,708/yr), Bourbonnais ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.
Frequently asked questions
Is Bourbonnais an affordable city for renters?
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What percentage of Bourbonnais residents rent vs. own?
How does Bourbonnais rent compare to the national average?
At $1,550/mo, rent takes ~23% of Bourbonnais's median household income ($81,708/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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