Bonfield, Kankakee County, IL

Median Home Price Price

$279,140 $279.1K

Median Monthly Rent Rent

$1,015 $1K

23.0x

Market Snapshot

Bonfield, Kankakee County, IL is a city market with a median home price of $279,140, a median monthly rent of $1,015, a GRM of 23.0x, and a price-to-rent ratio of 22.9.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

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Home prices

Monthly rent

GRM = home price / annual rent

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Iuka, Marion County, IL
$158K $806 16.0x
Cantrall, Sangamon County, IL Explore deeper
$270K $1.3K 18.0x
Verona, Grundy County, IL Explore deeper
$335K $1.3K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Unity, Marathon County, WI
$198K $991 17.0x
Muscoda, Richland County, WI
$210K $934 19.0x
Lattimore, Cleveland County, NC Explore deeper
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Home prices

Monthly rent

GRM = home price / annual rent

Bonfield

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Benchmark comparison

Compare Bonfield, IL to another market.

Compare to Grant Park, IL
Bonfield, IL
Grant Park, IL
Delta
Median rent
$1,015
N/A
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Median price
$279,140
N/A
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YoY change
+$85
N/A
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Price-to-rent
22.9x
Data unavailable
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Key takeaways

  • Bonfield, Kankakee County, IL has a higher-grm screening profile: At 23.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $85 year over year.
  • Next discovery step: compare Grant Park, Kankakee County, IL from the Same county set.