
Cheap Homes for Rent in Kankakee, IL from $400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Kankakee.


555 S Schuyler Ave

250 N Entrance Ave

363 E Hickory St

369 E Broadway St

325 W Station St

225 N Washington Ave

207 S Elm Ave

124 N Douglas Ave

1745 E Duane Blvd

2443 N Sleepy Hollow Ln

169 S 3rd Ave

205 Keigher Dr

405 E Reed St

29837 IL-50
Kankakee, IL Local Guide

How much does it cost to rent a home in Kankakee?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kankakee 2 Bedroom Homes for Rent | $1,244 | $479 | $1,790 |
Kankakee 3 Bedroom Homes for Rent | $2,586 | $1,650 | $5,200 |
Kankakee 4 Bedroom Homes for Rent | $2,120 | $1,600 | $2,500 |
Browse Top Homes for Rent in Kankakee
Explore Kankakee
Kankakee, IL Local Guide
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Cheapest Neighborhoods for Apartments in Kankakee, IL
Pricing Updated: 03/22/2025Current apartment rentals in the Kankakee, IL area range in price from to with an overall median price of . 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 | $1,600 | $479 | 488 |
Cheapest Available Kankakee Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sherwood Forest Apartment Homes | 3 Bedroom | 3BR,2BA | $1,399 |
Best Value Apartments for Rent in Kankakee, IL
As of March 22, 2025 the best value apartment in the Kankakee area is the $1.30 price per square foot 3 Bedroom Model at Sherwood Forest Apartment Homes in the starting from $1,399. The second greatest value Kankakee apartment is the 1720 W Merchant St Model at 1720 W Merchant St, Unit A starting at $980 with a $1.15 price per square foot in the Northfield Square Mall 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. |
---|---|---|---|
Sherwood Forest Apartment Homes | 3 Bedroom | 3BR,2BA | $1.30 |
1720 W Merchant St, Unit A | 1720 W Merchant St | 2BR,1BA | $1.15 |
125 N W Ave, Unit 3 | 125 N W Ave | 1BR,1BA | $2.00 |
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Frequently Asked Questions about Kankakee
What type of rentals are currently available in Kankakee?
There are currently 129 Apartments for Rent in Kankakee, IL with pricing that ranges from $750 to $1,250. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kankakee ranging from $479 to $5,200.
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 $479 to $5,200 with an average monthly rent of $1,585.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.