FY2026 Fair Market Rents — Kankakee County
Studio
$914
1BR
$1,011
2BR
$1,326
3BR
$1,745
4BR
$1,774
Kankakee County, Illinois
FIPS 17091 · County-level FMR and income limit data
FMR Area: Kankakee, IL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $914 | $10,968 |
| 1-Bedroom | $1,011 | $12,132 |
| 2-Bedroom | $1,326 | $15,912 |
| 3-Bedroom | $1,745 | $20,940 |
| 4-Bedroom | $1,774 | $21,288 |
To afford the FY2026 2-bedroom FMR of $1,326/mo under the 30%-of-income rule, a household needs about
$53,040/yr ($4,420/mo). Area Median Income is $102,200.
At IL's state minimum wage of $15.00/hr, a worker would need to work 69 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $914 | $1,011 | $1,326 | $1,745 | $1,774 |
| FY2025 | $858 | $954 | $1,251 | $1,654 | $1,661 |
| FY2024 | $789 | $886 | $1,164 | $1,569 | $1,619 |
| FY2023 | $715 | $813 | $1,070 | $1,458 | $1,541 |
| FY2022 | $650 | $743 | $978 | $1,315 | $1,430 |
| FY2021 | $640 | $717 | $945 | $1,272 | $1,396 |
| FY2020 | $621 | $692 | $912 | $1,220 | $1,368 |
FY2026 Income Limits
Area Median Income: $102,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,100 | $24,100 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,100 | $40,150 | $45,150 | $50,150 | $54,150 | $58,150 |
| 80% AMI | $56,150 | $64,200 | $72,200 | $80,200 | $86,650 | $93,050 |