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Apartments in Kankakee

1 - 10 of 10 Results
19
$1,875
Coming Soon!!!! 3 Bedroom Home Kankakee, Il
1875 E Notre Dame St Kankakee, IL
3 BR | Available Now
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House
Disability Access
6
$1,100
Fifth Avenue 755
755 Fifth Ave Kankakee, IL
2 BR | Dec. 4, 2024
Contact
26
$1,029 - 1,749
Sherwood Forest Apartment Homes
Deal
3.4
1100 W Jeffery St. Kankakee, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Dishwasher
8
$1,150
625 S Gordon Ave
Kankakee, IL
2 BR | Available Now
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House
1
$850
675 N Entrance Ave
Kankakee, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
8
$1,220
1995 S Schuyler Ave Trlr E3
Kankakee, IL
2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
40
$948 - 1,686
Sherwood Forest Apartment Homes
Deal
1100 W Jeffery St. Kankakee, IL
1 - 3 BR | Available Now
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Section 8
Air Conditioning
Balcony/Deck/Patio
Dishwasher
0
$900
275 S 3rd Ave
Kankakee, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1
187 S Schyular Ave Suite 160
Kankakee, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
House
1
$850
376-378 S Rosewood
Kankakee, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1 - 10 of 10 Results
  1. Home
  2. Kankakee

How much does it cost to rent an apartment in Kankakee?

Kankakee Apartments
Bed Type Average Rent Range
1BR $1,030 $950 - $1,100
2BR $1,060 $850 - $1,210
3BR $1,630 $1,620 - $1,880
Frequently Asked Questions

How many apartments are available in Kankakee, IL on Rentable.co?

Rentable.co has over 292 apartments available in Kankakee.

What is the average rent for a one-bedroom apartment in Kankakee, IL?

The average rent for a one-bedroom apartment in Kankakee is around $1,030 per month.

What is the average rent for a two-bedroom apartment in Kankakee, IL?

The average rent for a two-bedroom apartment in Kankakee is around $1,060 per month.

How expensive is it to rent an apartment in Kankakee, IL?

For a two-bedroom apartment in Kankakee, the average rent price is $1,060 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Kankakee, IL?

Based on average rent prices in Kankakee, to afford a one-bedroom apartment you would need an annual household income of $41,000 to live comfortably.

Search Cities Near Kankakee, IL

Bourbonnais, IL

Kankakee:
November Rent Report

Welcome to the November 2024 Kankakee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Kankakee rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Kankakee and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Kankakee average rent prices in the chart below.

Monthly Rent Report

$1,700
$1,280
$850
$430
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Kankakee Rent Prices Decrease From October to November

Kankakee rent prices decreased over the last month. From October to November, the city experienced a -3.6% decrease for the price of a one-bedroom apartment. The rent price for a Kankakee one-bedroom apartments currently stands at $1,526.0.

When we take a look at the two-bedroom comparison from October to November, Kankakee experienced a 0.45% increase for the price of a two-bedroom apartment. The rent price for a Kankakee two-bedroom apartments currently stands at $1,121.0.

November Prices: Kankakee vs. Surrounding Areas

Richton Park, IL
Joliet, IL
Kankakee, IL
$1,746
$1,197
$1,187
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Kankakee and Surrounding Areas

Rent prices have decreased in Kankakee over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Kankakee suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Joliet, IL .

  • Rent decreased in Richton Park, IL.

  • 1 suburb is currently priced higher than the city of Kankakee.

  • 1 suburb is currently priced lower than the city of Kankakee.

November 2024 Pricing Trends: Kankakee vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Kankakee, IL
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,187
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Kankakee Rent Prices More Affordable Than Major Cities

Rent growth in Kankakee over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Kankakee average rent prices appear to be relatively affordable for local residents.

The price for a Kankakee one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Kankakee and surrounding area rent prices, take a look at the complete data set below.

Data set for Kankakee and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Joliet, IL $1,197.0 2.48% $1,840.0 -8.37%
Kankakee, IL $1,187.0 -30.75% $1,116.0 1.55%
Richton Park, IL $1,746.0 -6.23% $1,861.0 -4.86%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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