Kankakee, IL Condos for Rent

/5
$1,195 Per Month
- 2 Beds
- 1 Bath
- 800 Sq Ft
- Condo for Rent
1017 N Schuyler Ave Unit 3, Kankakee, IL 60901

Property Id: 1253398This is a 2 bed 1 bath apartment with washer and dryer hookups! No pets, no smoking, subject to background and approval Tenant responsible for utilities.

(815) 216-4950

1017 N Schuyler Ave Unit 3, Kankakee, IL 60901
Explore Kankakee
/8
$1,195 Per Month
- 2 Beds
- 1 Bath
- Condo for Rent
319 S 5th Ave Unit 1, Kankakee, IL 60901

Property Id: 1119470PLEASE FILL OUT PRESCREENER TO MOVE FORWARD IF YOU ARE INTERESTEDThis is a newly available 2 bedroom, 1 bathroom apartment located at 319 S Fifth Unit 1. It is available for move-in NOW. The tenant is responsible for electric service. Additionally, the tenant will be responsible for paying a portion of the water, trash, and sewer bill, which is estimated to be

(815) 401-0273

319 S 5th Ave Unit 1, Kankakee, IL 60901
/2
$1,150 Per Month
- 2 Beds
- 1 Bath
- 1,000 Sq Ft
- Condo for Rent
243-247-247 S 5th Ave Unit 247, Kankakee, IL 60901

Property Id: 1689178Move-in ready, this beautiful property features a spacious layout, modern finishes, and well-maintained landscaping.

(959) 666-9557

243-247-247 S 5th Ave Unit 247, Kankakee, IL 60901
/2
$980

Total Monthly Price
- 2 Beds
- 1 Bath
- 850 Sq Ft
- Condo for Rent
221 S Cannon Ave Unit 1S, Kankakee, IL 60901

West Kankakee 55 and older. Safe and quiet. Close to hospitals. 2 bedroom. 1 person 980/mo. Gas, water, sewer, garbage pickup & taxes included. Tenant pays light bill ComEd.

221 S Cannon Ave Unit 1S, Kankakee, IL 60901

Illinois Kankakee County Kankakee

Frequently Asked Questions

How much does it cost to rent a condo in Kankakee, IL?

The median rent for a condo in Kankakee, IL is $1,195 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Kankakee, IL?

To comfortably afford the median rent in Kankakee, IL, a household needs to earn roughly $46,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,150 per month in Kankakee, IL, renters typically need to show $3,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Kankakee, IL?

In Kankakee, IL, the price-to-rent ratio is 10.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Kankakee, IL

There are currently 4 condos available for rent in Kankakee, IL. The median rent is $1,195 per month, with 1-bedroom condos renting at $1,248, 2-bedroom condos at $1,195 and 3-bedroom condos at $1,400.

Rental Home Trends

Number of Condos for Rent 4	Median Condo Rent $1,195
Median 1 Bedroom Condo Rent $1,248	Median 2 Bedroom Condo Rent $1,195
Median 3 Bedroom Condo Rent $1,400

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Rentals in Kankakee

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