Apartments in Kankakee

1 - 6 of 6 Results
26
$1,034 - 2,493
1100 W Jeffery St. Kankakee, IL
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Dishwasher
5
$1,500
Kankakee, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
13
$1,100
Kankakee, IL
2 BR | Available Now
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Balcony/Deck/Patio
Storage
1
$1
Kankakee, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
House
40
$948 - 1,686
1100 W Jeffery St. Kankakee, IL
1 - 3 BR | Available Now
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Section 8
Air Conditioning
Balcony/Deck/Patio
Dishwasher
0
$925
Kankakee, IL
2 BR | Available Now
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Storage
Dishwasher
1 - 6 of 6 Results
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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 $930 - $1,100
3BR $1,620 $1,500 - $1,640

Search Cities Near Kankakee, IL

Kankakee:
March Rent Report

Welcome to the March 2024 Kankakee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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

$1,650
$1,240
$830
$410
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Kankakee Rent Prices Decrease From February to March

Kankakee rent prices decreased over the last month. From February to March, the city experienced a -4.31% decrease for the price of a one-bedroom apartment. The rent price for a Kankakee one-bedroom apartments currently stands at $1,486.0.

When we take a look at the two-bedroom comparison from February to March, Kankakee experienced a 0.26% increase for the price of a two-bedroom apartment. The rent price for a Kankakee two-bedroom apartments currently stands at $1,140.0.

March Prices: Kankakee vs. Surrounding Areas

Kankakee, IL
Richton Park, IL
Joliet, IL
$1,497
$1,408
$1,072
$0
$500
$1,000
$1,500
$2,000
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 Richton Park, IL .

  • Rent decreased in Joliet, IL.

  • 2 suburbs are currently priced lower than the city of Kankakee.

March 2024 Pricing Trends: Kankakee vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Kankakee, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,497
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Joliet, IL $1,072.0 -6.38% $1,695.0 12.48%
Kankakee, IL $1,497.0 -2.92% $1,126.0 2.55%
Richton Park, IL $1,408.0 6.59% $2,142.0 5.16%

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.