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Rental Market Trends in Kankakee, IL

What is the average rent in Kankakee, IL?

$1,201/month

Average Rent

272 Sq Ft

Average Apartment Size

+21.7%

Increase in the Last Year

As of October 2025, the average rent in Kankakee, IL is $1,201 per month. This is 26% lower than the national average rent of $1,630/month, making renting in Kankakee more affordable than most cities in the US. When you rent an apartment in Kankakee, you can expect to pay about per month for a studio, $1,201 for a one-bedroom apartment, and around $1,000 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,407 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,201/month
272 Sq Ft
Two Bedroom
$1,000/month
943 Sq Ft
Three Bedroom
$1,407/month
1,125 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Kankakee, IL?

In the past year, rent has increased by 21.7%, which averages out to $262 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Kankakee, IL?

Because the average rent in Kankakee is $1,201, you’ll want to make about $4,003 per month or $48,036 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Kankakee, IL is 11.8% lower than the national average. Generally, housing in Kankakee is 31.3% less expensive than the national average, with rent falling between $0 - $1,407. You can expect to pay 3.4% less for groceries, 7.1% less for utilities, and 4.9% less for transportation.

City

Kankakee, IL

32 Available Apartments for Rent

Search for Nearby Apartments

How does Kankakee, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Kankakee, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Bradley Average Rent
  • Bourbonnais Average Rent

Apartment communities in Kankakee we think you'll love

444 S Lincoln Ave

444 S Lincoln Ave

444 S Lincoln Ave,
Kankakee, IL 60901

$1,700

3 Beds

558 E Merchant St

558 E Merchant St

558 E Merchant St,
Kankakee, IL 60901

$1,175

2 Beds

2xxx S 3rd Ave

2xxx S 3rd Ave

2xxx S 3rd Ave,
Kankakee, IL 60901

$850

1 Bed

457 W Broadway St

457 W Broadway St

457 W Broadway St,
Bradley, IL 60915

$1,000

2 Beds

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United States Illinois Kankakee Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity