Market Summary

Kankakee, Kankakee County, IL

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Median Home Price Price

$143,408 $143.4K

Median Monthly Rent Rent

$1,315 $1.3K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kankakee County

Region Price Rent GRM Display
$168,266 $1,353 10.0x
$212,110 $1,327 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Kankakee County

Region Price Rent GRM Display
$237,146 $1,265 16.0x
$263,316 $1,316 17.0x
$137,692 $1,213 9.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$250,325 $962 22.0x
$177,587 $1,335 11.0x
$155,812 $1,193 11.0x
$241,595 $1,361 15.0x
$111,311 $1,380 7.0x
$224,240 $1,166 16.0x
$285,875 $1,335 18.0x
$175,262 $1,041 14.0x
$145,340 $1,155 10.0x
$168,833 $1,362 10.0x
$371,060 $1,347 23.0x
$170,906 $2,059 7.0x
$292,439 $1,201 20.0x
$516,904 $3,854 11.0x
$319,431 $1,471 18.0x
$373,902 $1,406 22.0x
$400,660 $1,496 22.0x
$342,839 $1,474 19.0x
$357,918 $1,345 22.0x
$262,300 $1,455 15.0x
$549,320 $1,479 31.0x
$525,607 $3,278 13.0x
$238,603 $1,080 18.0x
$272,025 $1,278 18.0x
$300,474 $1,359 18.0x
$267,125 $1,319 17.0x
$184,747 $1,348 11.0x
$280,604 $1,255 19.0x
$353,708 $1,338 22.0x
$238,651 $1,387 14.0x
$311,576 $1,145 23.0x
$157,480 $1,313 10.0x
$237,764 $936 21.0x
$150,035 $1,066 12.0x
$231,025 $1,206 16.0x
$428,051 $1,324 27.0x
$333,061 $1,343 21.0x

Home prices

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Monthly rent

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GRM

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Kankakee

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Trend Insights

Median Rent in Kankakee, IL is $1,315, with MoM change +$15 and YoY change +$117 pointing to positive momentum while volatility is low (std $30).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Kankakee, IL.

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Metric
Base market Kankakee, IL
Compare market Select a market
Delta vs base
Median rent
$1,315
N/A
Median price
$143,408
N/A
YoY change
+$117
N/A
Price-to-rent
9.1x
Data unavailable
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