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Newest Homes for Rent in Kankakee, IL

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  • 906 W Walnut St, Kankakee, IL 60901
    906 W Walnut St, Kankakee, IL 60901
    906 W Walnut St, Kankakee, IL 60901
    /14

    $2,200 Per Month

    • 3 Beds
    • 1 Bath
    • 1,240 Sq Ft
    • House for Rent

    906 W Walnut St, Kankakee, IL 60901

    Zumper 906 West Walnut Street - Photo 1 of 12906 West Walnut Street - Photo 2 of 12906 West Walnut Street - Photo 3 of 12 906 West Walnut Street 906 West Walnut Street, Kankakee, IL 60901, US House for rent Dog friendly Monthly rent - Beds 3 Baths 1 Sqft 1,240 Alert me when this rental is available. modified 5+ Days Ago Highlights Luxury vinyl plank flooring Partially finished basement High-end

    Kimberly Van Ordstrand CRIS Realty

    906 W Walnut St, 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
  • 250 N Entrance Ave Unit 5A, Kankakee, IL 60901
    250 N Entrance Ave Unit 5A, Kankakee, IL 60901
    /2

    $825 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Apartment for Rent

    250 N Entrance Ave Unit 5A, Kankakee, IL 60901

    INCOME TAX SEASON SPECIAL - 1 MONTH FREE IF APPROVED AND MOVED IN BY APRIL 15TH - Great 1BR apartment close to downtown, St. Mary's Hospital, and next to Washington Park! Ready for move in! Walking distance to great shops, restaurants, and bars. Agent owned. Before completing an application and paying the application fee, please make sure that you: - Have a monthly "take home" income of at least

    Travis Wilson eXp Realty

    250 N Entrance Ave Unit 5A, Kankakee, IL 60901
  • 1735 E Duane Blvd Unit 4, Kankakee, IL 60901
    1735 E Duane Blvd Unit 4, Kankakee, IL 60901
    1735 E Duane Blvd Unit 4, Kankakee, IL 60901
    /6

    $1,050 Per Month

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

    1735 E Duane Blvd Unit 4, Kankakee, IL 60901

    INCOME TAX SEASON SPECIAL - 1 MONTH FREE IF APPROVED AND MOVED IN BY APRIL 15TH - Nice 2 BR unit - recently renovated! Located in a nice, quiet neighborhood. Laundry on site. Agent owned. Before completing an application and paying the application fee, please make sure that you: - Have a monthly "take home" income of at least of $3,500 - Have no Pets - Will not smoke or vape in the apartment -

    Travis Wilson eXp Realty

    1735 E Duane Blvd Unit 4, Kankakee, IL 60901
  • 250 N Entrance Ave Unit 3A, Kankakee, IL 60901
    250 N Entrance Ave Unit 3A, Kankakee, IL 60901
    250 N Entrance Ave Unit 3A, Kankakee, IL 60901
    /6

    $825 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    250 N Entrance Ave Unit 3A, Kankakee, IL 60901

    INCOME TAX SEASON SPECIAL - 1 MONTH FREE IF APPROVED AND MOVED IN BY APRIL 15TH - Nice 1BR apartment close to downtown, St. Mary's Hospital, and next to Washington Park! Ready for move in! Walking distance to great shops, restaurants, and bars. Agent owned. Before completing an application and paying the application fee, please make sure that you: - Have a monthly "take home" income of at least

    Travis Wilson eXp Realty

    250 N Entrance Ave Unit 3A, 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
  • 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
  • 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
Illinois Kankakee County Kankakee

Newest Homes for Rent in Kankakee, IL

Frequently Asked Questions

How much does it cost to rent a home in Kankakee, IL?
The median rent for a home in Kankakee, IL is $1,172 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 $46,880 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 $1,172 per month in Kankakee, IL, renters typically need to show $3,516 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 10.6, 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 Trends in Kankakee, IL

There are currently 9 homes available for rent in Kankakee, IL. The median rent is $1,172 per month, with single-family homes renting at $1,395, townhouses at $3,000 and condos at $1,295.

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$1,172
Median Single Family Home Rent
$1,395
Median Townhouse Rent
$3,000
Median Condo Rent
$1,295
How to Rent a Home

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