Metro FMR area · IL · HUD FY 2027

Kankakee, IL Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Kankakee, IL area is $1,349 a month, 22% below the Illinois average and 23% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 21 ZIP codes range from $1,200 to $1,720.

$1,3492-bedroom FMR+$23 (+1.7%) vs FY 2026
$1,0311-bedroom FMRU.S.: $1,478
$53,960Income for a 2-bedroomat 30% of income
106,635Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,349/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Kankakee, IL FMR	$1,349	$53,960	–
Illinois average	$1,724	$68,972	–
U.S. average	$1,761	$70,432	–

Kankakee, IL Fair Market Rents, FY 2027 vs FY 2026
Unit	Kankakee, IL FY 2027	FY 2026	Change	Illinois avg	U.S. avg	Income needed
Studio	$939	$914	+$25 (+2.7%)	$1,401	$1,379	$37,560
1 bedroom	$1,031	$1,011	+$20 (+2.0%)	$1,489	$1,478	$41,240
2 bedrooms	$1,349	$1,326	+$23 (+1.7%)	$1,724	$1,761	$53,960
3 bedrooms	$1,775	$1,745	+$30 (+1.7%)	$2,220	$2,266	$71,000
4 bedrooms	$1,876	$1,774	+$102 (+5.7%)	$2,524	$2,607	$75,040

Counties in this FMR area

Counties in the Kankakee, IL FMR area
County	Residents in area
Kankakee County, IL	106,635

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,320.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Kankakee, IL
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
60401	$1,330	$1,410	$1,590	$2,040	$2,330	+$180 (+12.8%)	18% above
60424	$1,050	$1,090	$1,420	$1,950	$2,260	+$60 (+4.4%)	5% above
60468	$1,180	$1,260	$1,430	$1,830	$2,090	+$100 (+7.5%)	6% above
60481	$1,220	$1,290	$1,460	$1,880	$2,150	+$170 (+13.2%)	8% above
60901	$900	$990	$1,290	$1,700	$1,790	+$50 (+4.0%)	4% below
60910	$830	$910	$1,200	$1,580	$1,600	+$60 (+5.3%)	11% below
60913	$980	$1,060	$1,350	$1,760	$1,890	+$40 (+3.1%)	about the same as
60914	$1,070	$1,170	$1,530	$2,010	$2,130	+$40 (+2.7%)	13% above
60915	$950	$1,050	$1,370	$1,800	$1,910	+$10 (+0.7%)	2% above
60917	$930	$1,000	$1,320	$1,720	$1,840	+$40 (+3.1%)	2% below
60919	$830	$910	$1,200	$1,580	$1,600	+$70 (+6.2%)	11% below
60922	$900	$950	$1,250	$1,610	$1,870	+$40 (+3.3%)	7% below
60935	$980	$1,080	$1,410	$1,850	$1,960	−$30 (−2.1%)	5% above
60940	$1,050	$1,150	$1,500	$1,970	$2,090	+$80 (+5.6%)	11% above
60941	$900	$980	$1,290	$1,690	$1,800	−$20 (−1.5%)	4% below
60950	$880	$970	$1,260	$1,660	$1,760	+$40 (+3.3%)	7% below
60954	$830	$910	$1,200	$1,580	$1,600	+$70 (+6.2%)	11% below
60958	$830	$910	$1,200	$1,580	$1,600	+$70 (+6.2%)	11% below
60961	$1,190	$1,310	$1,720	$2,240	$2,380	+$160 (+10.3%)	28% above
60964	$830	$910	$1,200	$1,580	$1,600	+$70 (+6.2%)	11% below
60969	$900	$980	$1,290	$1,690	$1,800	−$20 (−1.5%)	4% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.