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Apartments in Kankakee

1 - 8 of 8 Results
26
$1,163 - 2,365
Sherwood Forest Apartment Homes
Deal
3.4
1100 W Jeffery St. Kankakee, IL
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Dishwasher
6
Call for Pricing
Fifth Avenue 757
757 Fifth Ave Kankakee, IL
2 BR | May. 17, 2024
Contact
Storage
7
$1,100
459 S Harrison Ave Unit Unit
Kankakee, IL
2 BR | May. 1, 2024
Contact
1
$1,100
818 S 3rd Ave
Kankakee, IL
2 BR | Available Now
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Storage
Disability Access
9
$1,250
183 N Wildwood Ave
Kankakee, IL
4 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
$1,100
625 S Gordon Ave
Kankakee, IL
2 BR | May. 1, 2024
Contact
House
40
$948 - 1,686
Sherwood Forest Apartment Homes
Deal
1100 W Jeffery St. Kankakee, IL
1 - 3 BR | Available Now
Contact
Section 8
Air Conditioning
Balcony/Deck/Patio
Dishwasher
1
$1
187 S Schyular Ave Suite 160
Kankakee, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
House
1 - 8 of 8 Results
  1. Home
  2. Kankakee

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

Kankakee Apartments
Bed Type Average Rent Range
1BR $1,020 $950 - $1,100
2BR $1,080 $1,060 - $1,200
3BR $1,620 $1,620 - $1,640
Frequently Asked Questions

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

Rentable.co has over 295 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 $1,020 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 $1,080 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 $1,080 per month, which is lower than the national average of $1,620 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:
April Rent Report

Welcome to the April 2024 Kankakee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Kankakee Rent Prices Decrease From March to April

Kankakee rent prices decreased over the last month. From March to April, the city experienced a -17.7% decrease for the price of a one-bedroom apartment. The rent price for a Kankakee one-bedroom apartments currently stands at $1,223.0.

When we take a look at the two-bedroom comparison from March to April, Kankakee experienced a -2.63% decrease for the price of a two-bedroom apartment. The rent price for a Kankakee two-bedroom apartments currently stands at $1,110.0.

April Prices: Kankakee vs. Surrounding Areas

Richton Park, IL
Kankakee, IL
Joliet, IL
$1,659
$1,486
$1,053
$0
$550
$1,100
$1,650
$2,200
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 2 of the Kankakee suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Joliet, IL, Richton Park, IL .

  • Rents did not decrease in any of the Kankakee suburbs.

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

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

April 2024 Pricing Trends: Kankakee vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Kankakee, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,486
$1,300
$1,264
$1,145
$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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Joliet, IL $1,053.0 0.38% $1,786.0 -3.88%
Kankakee, IL $1,486.0 -4.31% $1,140.0 0.26%
Richton Park, IL $1,659.0 4.34% $2,143.0 -0.92%

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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