Compare Fair Market Rents — FY2026
| Bedroom | Kankakee, IL MSA | Champaign-Urbana, IL MSA |
|---|---|---|
| Studio | $914 | $941 |
| 1-Bedroom | $1,011 | $946 |
| 2-Bedroom | $1,326 | $1,122 |
| 3-Bedroom | $1,745 | $1,436 |
| 4-Bedroom | $1,774 | $1,486 |
Income Limits & Affordability
| Metric | Kankakee, IL MSA | Champaign-Urbana, IL MSA |
|---|---|---|
| Area Median Income (4p) | $102,200 | $114,300 |
| 50% AMI Limit (4p) | $50,150 | $55,450 |
| Income needed for 2BR FMR (30% rule) | $53,040 | $44,880 |