Kankakee County, IL

2025 Fair Market Rents

Tags: 2025 Kankakee, IL MSA

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The top four largest cities in Kankakee County are Kankakee, Bourbonnais, Manteno, and Bradley. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Kankakee County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Kankakee County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Kankakee County compare?

Kankakee County ($1,251) has a 23.3% higher FMR for 2-Bedroom housing than the average of Illinois ($1,015) and therefore a higher gross rent.

Kankakee County is rank 10th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 92 other counties. Kankakee County is the 10th most expensive county in terms of FMRs.

Rent Tables Kankakee County, IL

Fair Market Rent (40th Percentile)

$858
studio
$954
1-Bedroom
$1,251
2-Bedroom
$1,654
3-Bedroom
$1,661
4-Bedroom

Median Rent (50th Percentile)

$913
studio
$1,015
1-Bedroom
$1,332
2-Bedroom
$1,762
3-Bedroom
$1,768
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60401 $1,150 $1,230 $1,390 $1,780 $2,090
60468 $1,080 $1,160 $1,310 $1,680 $1,970
60935 $930 $1,040 $1,360 $1,800 $1,810
60940 $910 $1,010 $1,320 $1,750 $1,750
60950 $810 $890 $1,170 $1,550 $1,560
60401 $1,150 $1,230 $1,390 $1,780 $2,090
60468 $1,080 $1,160 $1,310 $1,680 $1,970
60901 $780 $870 $1,140 $1,510 $1,510
60910 $770 $860 $1,130 $1,490 $1,500
60913 $860 $950 $1,210 $1,600 $1,650
60914 $960 $1,070 $1,400 $1,850 $1,860
60915 $890 $990 $1,300 $1,720 $1,730
60935 $930 $1,040 $1,360 $1,800 $1,810
60940 $910 $1,010 $1,320 $1,750 $1,750
60950 $810 $890 $1,170 $1,550 $1,560
60954 $760 $850 $1,110 $1,470 $1,470
60958 $720 $800 $1,050 $1,420 $1,460
60969 $740 $830 $1,090 $1,430 $1,460
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60401 $1,035 $1,107 $1,251 $1,602 $1,881
60468 $972 $1,044 $1,179 $1,512 $1,773
60935 $837 $936 $1,224 $1,620 $1,629
60940 $819 $909 $1,188 $1,575 $1,575
60950 $729 $801 $1,053 $1,395 $1,404
60401 $1,035 $1,107 $1,251 $1,602 $1,881
60468 $972 $1,044 $1,179 $1,512 $1,773
60901 $702 $783 $1,026 $1,359 $1,359
60910 $693 $774 $1,017 $1,341 $1,350
60913 $774 $855 $1,089 $1,440 $1,485
60914 $864 $963 $1,260 $1,665 $1,674
60915 $801 $891 $1,170 $1,548 $1,557
60935 $837 $936 $1,224 $1,620 $1,629
60940 $819 $909 $1,188 $1,575 $1,575
60950 $729 $801 $1,053 $1,395 $1,404
60954 $684 $765 $999 $1,323 $1,323
60958 $648 $720 $945 $1,278 $1,314
60969 $666 $747 $981 $1,287 $1,314
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60401 $1,265 $1,353 $1,529 $1,958 $2,299
60468 $1,188 $1,276 $1,441 $1,848 $2,167
60935 $1,023 $1,144 $1,496 $1,980 $1,991
60940 $1,001 $1,111 $1,452 $1,925 $1,925
60950 $891 $979 $1,287 $1,705 $1,716
60401 $1,265 $1,353 $1,529 $1,958 $2,299
60468 $1,188 $1,276 $1,441 $1,848 $2,167
60901 $858 $957 $1,254 $1,661 $1,661
60910 $847 $946 $1,243 $1,639 $1,650
60913 $946 $1,045 $1,331 $1,760 $1,815
60914 $1,056 $1,177 $1,540 $2,035 $2,046
60915 $979 $1,089 $1,430 $1,892 $1,903
60935 $1,023 $1,144 $1,496 $1,980 $1,991
60940 $1,001 $1,111 $1,452 $1,925 $1,925
60950 $891 $979 $1,287 $1,705 $1,716
60954 $836 $935 $1,221 $1,617 $1,617
60958 $792 $880 $1,155 $1,562 $1,606
60969 $814 $913 $1,199 $1,573 $1,606

Fair Market Rents on this page apply to the following cities in Kankakee County, Illinois: Kankakee, Bourbonnais, Manteno, Bradley, Beecher, Momence, Peotone, Grant Park, Bonfield, Essex, Aroma Park, Hopkins Park, Pembroke Township, and Union Hill.

These Fair Market Rents also apply to the following ZIP codes in Kankakee County, Illinois: 60901, 60914, 60950, 60915, 60401, 60954, 60468, 60940, 60913, 60935, 60910, 60944, 60958, and 60969.

Kankakee County, IL is considered part of the following metro FMR area: KANKAKEE, IL MSA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.