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

Discover affordable housing in Kankakee where there are 24+ 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

bed 1-3
payment Subsidized
accessibility Accessible

Riverwoods

300 E River St, Kankakee, Illinois 60901

payment Subsidized
accessibility Accessible

Kankakee Kommons

155 W Mertens St, Kankakee, Illinois 60901

payment Subsidized

Renaissance Center Apartments

300 N Indiana Ave, Kankakee, Illinois 60901

payment Subsidized

Dudley Burrell Apartments

238 N Greenwood Ave, Kankakee, Illinois 60901

payment Subsidized

Austin Apartments

994 N Indiana Ave, Kankakee, Illinois 60901

payment Subsidized

Eastcourt Village

2200 E Court St, Kankakee, Illinois 60901

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

River Station Senior

245 South 6th Avenue, Kankakee, Illinois 60901

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

434 N Entrance Ave

434 N Entrance Ave, Kankakee, Illinois 60901

bed 4
payment $1500/mo.

560 S 5th Ave

560 S 5th Ave, Kankakee, Illinois 60901

bed 1
payment $500/mo.

555 S Schuyler Ave

555 S Schuyler Ave, Kankakee, Illinois 60901

bed Studio
payment $750/mo.

464 S Harrison Ave

464 S Harrison Ave, Kankakee, Illinois 60901

bed 2
payment $1000/mo.

324 W Merchant St

324 W Merchant St, Kankakee, Illinois 60901

bed 2
payment $900/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

316 W Merchant St

316 W Merchant St, Kankakee, Illinois 60901

bed 1
payment $750/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

312 W Merchant St

312 W Merchant St, Kankakee, Illinois 60901

bed 1
payment $850/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

410 N Indiana Ave

410 N Indiana Ave, Kankakee, Illinois 60901

bed 2
payment $496/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Azarelli Towers

145 W Broadview Dr, Kankakee, Illinois 60901

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Harbor Street Apartments

800 W Harbor St, Kankakee, Illinois 60901

payment Subsidized
accessibility Accessible
accessible_forward Disability

Eastgate Apartments

2755 Cooper Dr, Kankakee, Illinois 60901

switch_access_shortcut Short Wait
accessibility Accessible

Revera Project

512 S Chicago Ave, Kankakee, Illinois 60901

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Kankakee, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
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 people living in households.

There are renters living in 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 housing units in the Kankakee area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Kankakee, Illinois, there are 1.05 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 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
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
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.

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