Low Income Apartments and Affordable Housing For Rent in Kankakee, IL

Discover affordable housing in Kankakee where there are 16+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Crestview Village - Illinois

200 N. Crest Lane Drive , Kankakee, Illinois 60901

Riverwoods

300 E River St, Kankakee, Illinois 60901

Kankakee Kommons

155 W Mertens St, Kankakee, Illinois 60901

Renaissance Center Apartments

300 N Indiana Ave, Kankakee, Illinois 60901

Dudley Burrell Apartments

238 N Greenwood Ave, Kankakee, Illinois 60901

Austin Apartments

994 N Indiana Ave, Kankakee, Illinois 60901

Eastcourt Village

2200 E Court St, Kankakee, Illinois 60901

River Station Senior

245 South 6th Avenue, Kankakee, Illinois 60901

Azarelli Towers

145 W Broadview Dr, Kankakee, Illinois 60901

Harbor Street Apartments

800 W Harbor St, Kankakee, Illinois 60901

Wildwood Complex

326 N 8th Ave, Kankakee, Illinois 60901

Eastgate Apartments

2755 Cooper Dr, Kankakee, Illinois 60901

Midtown Towers

340 N Dearborn Ave, Kankakee, Illinois 60901

Revera Project

512 S Chicago Ave, Kankakee, Illinois 60901

Revera Hr - 38

950 E Merchant St, Kankakee, Illinois 60901

Eastgate Apartments Hr - 105

2779 Cooper Dr, Kankakee, Illinois 60901

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kankakee, Illinois
$22.05/hour
$8.05 (+57%) more than Illinois minimum wage and $14.80 (+204%) more than the Federal minimum wage.
Learn More About Kankakee, Illinois Affordable Housing ↓

What HUD offices serve Kankakee, Illinois?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Kankakee, Illinois.

Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Kankakee.

How many renters live in Kankakee, Illinois?

The City of Kankakee has 24,795 people living in 9,349 households.

There are 11,196 renters living in 4,776 renter households in this City. Renters make up 45.15 percent of the population living in Kankakee.

What is the rental market like in Kankakee, Illinois?

There are an estimated 11,326 housing units in the Kankakee area. Of these, 5,033 units are rental homes, making up 44 percent of the housing market. For every renter household in Kankakee, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Kankakee?

The rental vacancy rate in Kankakee is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Kankakee for each bedroom size?

Occupied Rental Units by Size in Kankakee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
338 1,128 1,491 1,495 243
Occupied Rental Units by Size in Kankakee

A large number of apartments in Kankakee have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Kankakee are overburdened by housing costs?

Among renter households in this market, 57 percent have housing cost burden. Further, 33 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Kankakee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $789 to $1,619. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $789
One BR $886
Two BR $1,164
Three BR $1,569
Four BR $1,619
2024 Fair Market Rents in Kankakee, Illinois

How many units are rented at Fair Market Rent (FMR) in Kankakee?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 235 70 percent
One BR 803 71 percent
Two BR 1,089 73 percent
Rental Units Below FMR in Kankakee, Illinois

How many affordable rental units are in Kankakee?

There are a variety of federal affordable housing programs serving households in Kankakee, Illinois including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 359
Public Housing 191
Section 8 Project-Based Rental Assistance 429
Section 811 Supportive Housing for Persons with Disabilities 8
Tracked Units by Federal Program in Kankakee, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Kankakee, Illinois

Kankakee features 695 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Kankakee, Illinois

There are 223 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kankakee.

Housing Choice Vouchers in Kankakee, Illinois

On average, Section 8 Housing Choice vouchers pay Kankakee landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Kankakee.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kankakee, Illinois for a two-bedroom apartment is between $1,048 and $1,280.

Sourced from federal housing data and AffordableHousingOnline.com research.