5

Kankakee, IL Condos for Rent

Section Image
  • 1017 N Schuyler Ave Unit 2, Kankakee, IL 60901
    1017 N Schuyler Ave Unit 2, Kankakee, IL 60901
    1017 N Schuyler Ave Unit 2, Kankakee, IL 60901
    /5

    $1,450 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    1017 N Schuyler Ave Unit 2, Kankakee, IL 60901

    Property Id: 1110741This is a newly renovated 2 bedroom, 1 bathroom with washer and dryer on North Schuyler. It is available for move-in in now.

    (779) 236-4321

    1017 N Schuyler Ave Unit 2, Kankakee, IL 60901
  • 319 S 5th Ave Unit 3, Kankakee, IL 60901
    319 S 5th Ave Unit 3, Kankakee, IL 60901
    319 S 5th Ave Unit 3, Kankakee, IL 60901
    /3

    $1,195 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    319 S 5th Ave Unit 3, Kankakee, IL 60901

    Property Id: 1094687Charming 2 bed, 1 bath apartment in the heart of Kankakee! Available NOW! No smoking or pets allowed. Don't miss out on this cozy gem!

    (815) 401-0845

    319 S 5th Ave Unit 3, Kankakee, IL 60901
  • 243-247-247 S 5th Ave Unit 247, Kankakee, IL 60901
    243-247-247 S 5th Ave Unit 247, 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
  • 1017 N Schuyler Ave Unit 3, Kankakee, IL 60901
    1017 N Schuyler Ave Unit 3, Kankakee, IL 60901
    1017 N Schuyler Ave Unit 3, Kankakee, IL 60901
    /5

    $1,350 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
  • 221 S Cannon Ave Unit 1S, Kankakee, IL 60901
    221 S Cannon Ave Unit 1S, 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

Condos for Rent in Kankakee, IL

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 $1,295 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 5 condos available for rent in Kankakee, IL. The median rent is $1,295 per month, with 1-bedroom condos renting at $1,248, 2-bedroom condos at $1,245 and 3-bedroom condos at $1,400.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$1,295
Median 1 Bedroom Condo Rent
$1,248
Median 2 Bedroom Condo Rent
$1,245
Median 3 Bedroom Condo Rent
$1,400
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group