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Studio Apartment for Rent in Kankakee, IL

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    $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

Why Live in Kankakee

Kankakee, Illinois, located 60 miles south of downtown Chicago, offers a quieter lifestyle compared to the bustling city and its suburbs. With a population of just over 24,000, Kankakee is known for its access to the Kankakee River and numerous parks, including over a dozen riverfront parks with boat launch access. The Kankakee Valley Park District operates more than 30 parks, featuring amenities like the Ice Valley Centre Ice Arena, pickleball and basketball courts, and River Run Dog Park. The Riverview Historic District showcases homes from the late 1800s and early 1900s, including two Frank Lloyd Wright-designed houses. Unlike other historic districts, Riverview does not enforce strict renovation rules, encouraging residents to maintain their homes with care. Downtown Kankakee features older buildings, with the Executive Center housing offices and a branch of the Kankakee Public Library. The area hosts a farmers’ market from May to October and the Merchant Street MusicFest in July. Schuyler Avenue is lined with locally owned businesses, boutiques, and restaurants, while larger chain stores are found at Meadowview Shopping Center and Riverstone Plaza. Public transportation is provided by the River Valley Metro Mass Transit District, with bus services extending to nearby communities. Amtrak connects Kankakee to Chicago and Champaign, and the Greater Kankakee Airport serves general aviation needs.

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 $1,175 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos 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 $47,000 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 $1,175 per month in Kankakee, IL, renters typically need to show $3,525 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 11.0, 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 Homes for Rent
1
Median Rent
$1,175
Median Single Family Home Rent
$1,350
Median Townhouse Rent
$3,000
Median Condo Rent
$1,395
How to Rent a Home