City Report · IL

Kankakee

Pop. 23,996·117th most expensive in Illinois·One of the most affordable rental markets in the US
Median rent (all units)
$1,204/mo
Year-over-Year
+2.6%
Month-over-Month
+0.3%
vs US Median
-$728
Reported rents
Stable (Monthly)
Be the first to discuss Kankakee rents ↓
Most AffordableMost Expensive
Kankakee · $1,204
More affordable than 92% of US cities · National median $1,932/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,204/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$48,000/yr
Local median income
$47,514/yr
Based on the 30%-of-income rule using Kankakee's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$780
1 BR
$870
2 BR
$1,140
3 BR
$1,510
4 BR+
$1,510
Fair Market Rent (HUD)
$1,140/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,204 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 →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Illinois

Rent in Kankakee changed +2.6% over the year to September 2026. Across the 94 Illinois cities Zillow tracks, the typical change was +4.0%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($47,514) is $1,188 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,140); a 3-bedroom is $1,510.

From Zillow's monthly rent index (ZORI) for Kankakee. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,448/yr
At $1,204/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, +0.3% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Kankakee, IL is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 13% of residents hold a bachelor's degree or higher.

Population
23,996
Median income
$47,514
Median age
36.1
Renters
49.2%
Age distribution
25.1%
23.6%
25.4%
14.3%
Under 1825.1%
18–3423.6%
35–5425.4%
55–6411.6%
65+14.3%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
43.8%
40%
24.5%
White43.8%
Black40%
Hispanic24.5%
Asian0.9%
Education (25+)
17.9%
36.3%
32.7%
13%
No HS diploma17.9%
HS diploma36.3%
Some college32.7%
Bachelor's+13%
Housing tenure
50.8%
49.2%
Owner50.8%
Renter49.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Kankakee, IL has changed in 5 years

Income
$38,869 → $47,514
up 22.2%
Population
24,903 → 23,996
down 3.6%
Renter share
51.2% → 49.2%
-2.0 pts
Bachelor's+
13.4% → 13%
-0.4 pts

Household income in the area moved from $38,869 to $47,514 across the same window, up 22.2% versus 2021. Census counts show Kankakee, IL losing about 907 residents over the five-year window, down 3.6% on net. The renter share has eased from 51.2% to 49.2%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Kankakee

No discussions yet. Start the conversation.

View Kankakee rent history (2015–2026) →
Salary vs rent

Can you afford rent in Kankakee on your salary?

At $1,204/mo, how Kankakee rent compares to typical pay (30% rule).

By apartment size

Kankakee rent by bedroom count

Median rent for each apartment size in Kankakee. Click any size for full breakdown.

Local insights

Tips for renters in Kankakee

About renting in Kankakee, IL

Last updated: October 17, 2026

The median rent in Kankakee is $1,204/mo as of October 2026. A studio apartment averages $780/mo while a 2-bedroom runs $1,140/mo. One-bedroom apartments average $870/mo and 3-bedroom units go for $1,510/mo.

At 30% of local median household income ($47,514/yr), Kankakee ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Kankakee?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,204/mo in Kankakee. The local median household income is $47,514/yr, so the typical household falls short of that bar.

Is rent going up or down in Kankakee?

Rent in Kankakee has risen 2.6% over the past year.

How does Kankakee rent compare to other cities in Illinois?

Kankakee is one of the more affordable among Illinois cities for rent, ranking #117 of 137 tracked cities at $1,204/mo. Over the year to September 2026, rent in Kankakee changed +2.6%, against a typical +4.0% across the 94 Illinois cities Zillow tracks.
Income Affordability
30%
MODERATE

At $1,204/mo, rent takes ~30% of Kankakee's median household income ($47,514/yr). The standard benchmark is 30%.

Kankakee 30%Benchmark 30%
State income tax4.95%
Run the Kankakee affordability calculator →
Lowest-rent ZIP codes in Kankakee
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Kankakee, IL

Recent submissions

Be the first to submit your rent for Kankakee.

Recent discussions

No discussions yet.