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Kankakee, IL Condos for Rent

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  • 600 W Station St Unit 600, Kankakee, IL 60901
    600 W Station St Unit 600, Kankakee, IL 60901
    600 W Station St Unit 600, Kankakee, IL 60901
    /8

    $825

    Total Monthly Price

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    600 W Station St Unit 600, Kankakee, IL 60901

    Cute and Open Efficiency 2nd fl apartment. 825 rent tenant pays electric only. Security/Cleaning Deposit $825. Close to shopping. Must have income of 3x to qualify and verify. Credit and back round check required. Must get approved prior to showing we can send other pictures. Text at is best. Range and Refrigerator supplied.

    600 W Station St Unit 600, Kankakee, IL 60901
  • 241 S Cannon Ave, Kankakee, IL 60901
    241 S Cannon Ave, Kankakee, IL 60901
    /2

    $1,100

    Total Monthly Price

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

    241 S Cannon Ave, Kankakee, IL 60901

    2 bedroom 55 and older Safe and quiet. All utilities furnished except for lights.

    241 S Cannon Ave, Kankakee, IL 60901
  • 376 S Harrison Ave Unit 1, Kankakee, IL 60901
    376 S Harrison Ave Unit 1, Kankakee, IL 60901
    /2

    $1,250 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    376 S Harrison Ave Unit 1, Kankakee, IL 60901

    Property Id: 1670273 Ready to rent? Submit your application and we will get back to you. Ready to rent? Submit your application and we will get back to you. Ready to rent? Submit your application and we will get back to you.

    376 S Harrison Ave Unit 1, Kankakee, IL 60901
  • 515 S Dearborn Ave, Kankakee, IL 60901
    515 S Dearborn Ave, Kankakee, IL 60901
    515 S Dearborn Ave, Kankakee, IL 60901
    /13

    $1,850 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,500 Sq Ft
    • Condo for Rent

    515 S Dearborn Ave, Kankakee, IL 60901

    Property Id: 987587 A 3 bedroom, 1.5 bathroom two story unit in a quiet neighborhood near Kankakee River. The Riverwalk Property is currently occupied but will be available to lease and move-in August 1, 2026. It has laminate wood floors, carpet in bedrooms and a shared front deck. This is the perfect property for your family. The property is in walking distance of Downtown Kankakee and

    515 S Dearborn Ave, Kankakee, IL 60901
Illinois Kankakee County

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 $1,395 per month, though prices vary by neighborhood, size, and property type. As of August 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 10.8, 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 4 condos available for rent in Kankakee, IL. The median rent is $1,395 per month, with 1-bedroom condos renting at $1,248, 2-bedroom condos at $1,400 and 3-bedroom condos at $1,400.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,395
Median 1 Bedroom Condo Rent
$1,248
Median 2 Bedroom Condo Rent
$1,400
Median 3 Bedroom Condo Rent
$1,400
How to Rent a Home

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