Rent in Kankakee, IL
A 2-bedroom in Kankakee, IL (ZIP 60901) typically rents for about $1,031 a month, with a range of $1,031–$1,349. Owner-occupied homes in Kankakee County pay about 2.22% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $751 | $751–$939 | 1 |
| 1 bed | $728 | $728–$1,031 | 1 |
| 2 beds | $1,031 | $1,031–$1,349 | 1 |
| 3 beds | $1,274 | $1,274–$1,775 | 1 |
| 4 beds | $1,352 | $1,352–$1,876 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Kankakee ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Kankakee, IL?
- About $1,031 a month: the median of the typical rents in 1 ZIP code, which range from $1,031–$1,349. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Kankakee, IL?
- About $728 a month: the median of the typical rents in 1 ZIP code, which range from $728–$1,031. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Kankakee, IL?
- About $1,274 a month: the median of the typical rents in 1 ZIP code, which range from $1,274–$1,775. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Kankakee, IL?
- About $751 a month: the median of the typical rents in 1 ZIP code, which range from $751–$939. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Kankakee, IL?
- About $1,352 a month: the median of the typical rents in 1 ZIP code, which range from $1,352–$1,876. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Kankakee, IL?
- Owner-occupied homes in Kankakee County pay a typical 2.22% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Kankakee rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).