$1,000 Per Month
- 3 Beds
- 1 Bath
- Townhouse for Rent
785 Chicago1, Kankakee, IL 60901
Property Id: 23745383 bedroom spacious apartment across from grade school small children 1st grade and kiddy garden. Must have proof of income
(779) 345-2635
Frequently Asked Questions
How much does it cost to rent a home in Kankakee, IL?
The median rent for a home in Kankakee, IL is $1,150 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.
