Home values, rents and more in Kankakee, IL
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Kankakee in ProMap- Under $160k
- $160k–$190k
- $190k–$220k
- $220k–$230k
- $230k+
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How Kankakee compares
The typical home in Kankakee, IL is worth about $156,000, according to the Zillow Home Value Index for September 2026. Home values in Kankakee are 31% below the typical value in the Kankakee metro area ($227,000) and 57% below the U.S. typical value ($366,000).
Over the past year, home values in Kankakee rose 4.4%, compared with +6.0% in the Kankakee metro area and +1.2% nationally.
Typical rent is $1,204 a month (Zillow Observed Rent Index), 9% below the Kankakee metro area ($1,327) and 38% below the U.S. ($1,932). Rents rose 2.6% over the past year.
The median household income is $47,514, against $71,281 in the Kankakee metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 23,996 people live in Kankakee (American Community Survey 2020–24).
Kankakee has the 2nd-lowest typical home value of the 15 cities in the Kankakee metro area and the 323rd-lowest of 1,005 in Illinois with Zillow figures.
Part of: Kankakee County, IL · Kankakee metro area · Illinois
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Kankakee, IL
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.