407 E Seminole St
DwightIL60420
Cheap Homes for Rent in Kankakee, IL from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Kankakee.
785 Chicago1
KankakeeIL60901
103 Bannon Dr
DwightIL60420
203 S Elm Ave
KankakeeIL60901
29837 IL-50
PeotoneIL60468
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1097 E Merchant St
KankakeeIL60901
494 S Chicago Ave
KankakeeIL60901
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$1,2002 Bedroom Apartments Available Now
516 S Rosewood Ave
516 S Rosewood AveKankakee, IL 60901
465-479 N School St
DiamondIL60416
457 N Center Ave
BradleyIL60915
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
751 N 5th Ave
KankakeeIL60901
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Kankakee, IL Local Guide
Route 66 by russellstreet is licensed under CC BY 2.0
How much does it cost to rent a home in Kankakee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kankakee 2 Bedroom Homes for Rent | $1,581 | $1,000 | $3,000 |
| Kankakee 3 Bedroom Homes for Rent | $2,054 | $1,000 | $2,750 |
| Kankakee 4 Bedroom Homes for Rent | $3,066 | $2,200 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Kankakee
Explore Kankakee
Kankakee, IL Local Guide
- Kankakee Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Kankakee, IL
Pricing Updated: 08/26/2026Current apartment rentals in the Kankakee, IL area range in price from $825 to $1,200 with an overall median price of $1,100. Here is today’s list neighborhoods with the lowest median pricing for Kankakee Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Kankakee | $1,100 | $825 | 2 |
Best Value Apartments for Rent in Kankakee, IL and Nearby
As of August 26, 2026 the best value apartment in the Kankakee area is the $1.09 price per square foot 1720 W Merchant St Model at 1720 W Merchant St, Unit 2-N in the in the Northfield Square Mall neighborhood starting from $980. The second greatest value Kankakee apartment is the 600 W Station St Model at 600 W Station St, Unit 600 starting at $825 with a $1.65 price per square foot in the Downtown Kankakee neighborhood. Here is today’s list of the best values for Kankakee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1720 W Merchant St, Unit 2-N | 1720 W Merchant St | 2BR,1BA | $1.09 |
| 600 W Station St, Unit 600 | 600 W Station St | Studio ,1BA | $1.65 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Kankakee, IL
Limestone Elementary School
Herscher Community Unit School District 2
Public School - Grades K-8 (464)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Kankakee, IL Rentals by Map
See the most popular apartments and homes in Kankakee, IL
Frequently Asked Questions about Kankakee
What type of rentals are currently available in Kankakee?
There are currently 130 Apartments for Rent in Kankakee, IL with pricing that ranges from $825 to $1,450. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kankakee ranging from $1,000 to $4,500.
What is the current price range for Rental Homes in Kankakee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kankakee ranges from $1,000 to $4,500 with an average monthly rent of $1,983.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.