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Kankakee, IL Condos for Rent

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  • /10

    $1,075 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    2xxx S 3rd Ave Unit 1, Kankakee, IL 60901

    Property Id: 1611384 Welcome to your new home at 2xxx S 3rd in Kankakee! This charming 1 bedroom, 1 bathroom apartment is the perfect blend of comfort and convenience. With amenities like an oven, refrigerator, and off-street parking, you'll feel right at home. Enjoy the nearby parks and fenced yard. Don't miss out on this gem - schedule a tour today! Rent: $1075.00/month & $70 per per for

    2xxx S 3rd Ave Unit 1, Kankakee, IL 60901
  • /2

    $980

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    1625 W Station St Unit 1-W, Kankakee, IL 60901

    One bedroom, 55 and older.Safe and quiet. Close to hospitals. 980 per month. Utilities furnished except electric. 1st month, last month and deposit required.

    1625 W Station St Unit 1-W, Kankakee, IL 60901

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 $1,100 per month, though prices vary by neighborhood, size, and property type. As of September 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 $48,000 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 $1,200 per month in Kankakee, IL, renters typically need to show $3,600 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.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,100
Median 1 Bedroom Condo Rent
$1,028
Median 2 Bedroom Condo Rent
$1,200
How to Rent a Home