HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Kankakee County, Illinois (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Kankakee County is $1,326 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,326
FY 2026, utilities included
Payment standard range
$1,193 to $1,459
90% to 110% of FMR
Income to afford 2BR
$53,040
per year, at 30% of income
Rank in Illinois
10th of 102
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Kankakee moves to $1,349. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Kankakee actually rent for?
Search any address in Kankakee for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $914 | $823 to $1,005 | $36,560 | $17.58/hr | +6.5% |
| 1 bedroom | $1,011 | $910 to $1,112 | $40,440 | $19.44/hr | +6.0% |
| 2 bedroom | $1,326 | $1,193 to $1,459 | $53,040 | $25.50/hr | +6.0% |
| 3 bedroom | $1,745 | $1,571 to $1,920 | $69,800 | $33.56/hr | +5.5% |
| 4 bedroom | $1,774 | $1,597 to $1,951 | $70,960 | $34.12/hr | +6.8% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,040 | $1,836 to $2,244 |
| 6 bedroom Estimate | $2,306 | $2,075 to $2,537 |
| 7 bedroom Estimate | $2,572 | $2,315 to $2,829 |
| 8 bedroom Estimate | $2,838 | $2,554 to $3,122 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Kankakee, that runs from $914 for a studio up to $1,774 for four bedrooms, all five rates in the table above.
Kankakee is its own HUD metro area (Kankakee, IL), so the rate here is set from rents inside the county rather than a wider region.
Among Illinois's 102 counties, Kankakee ranks 10th for two-bedroom FMR. That's about 39% above the state median of $953 and about 30% above the national median county at $1,018. About 107,421 people live here, 18th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,130 in 60954 (Momence) and $1,560 in 60961 (Reddick), with the 15 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 60901 | Kankakee | $1,240 | -6.5% |
| 60910 | Aroma Park | $1,140 | -14.0% |
| 60913 | Bonfield | $1,310 | -1.2% |
| 60914 | Bourbonnais | $1,490 | +12.4% |
| 60915 | Bradley | $1,360 | +2.6% |
| 60917 | Buckingham | $1,280 | -3.5% |
| 60935 | Essex | $1,440 | +8.6% |
| 60940 | Grant Park | $1,420 | +7.1% |
| 60941 | Herscher | $1,310 | -1.2% |
| 60944 | Hopkins Park | $1,326County rate | — |
| 60950 | Manteno | $1,220 | -8.0% |
| 60954 | Momence | $1,130 | -14.8% |
| 60958 | Pembroke Township | $1,130 | -14.8% |
| 60961 | Reddick | $1,560 | +17.6% |
| 60964 | Saint Anne | $1,130 | -14.8% |
| 60969 | Union Hill | $1,310 | -1.2% |
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Kankakee somewhere between $1,193 and $1,459. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,326 a month is affordable, by HUD's 30% rule, on an income of roughly $53,040 a year. Put another way, $26 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,193) | HAP at 100% ($1,326) | HAP at 110% ($1,459) |
|---|---|---|---|---|
| $2,500 | $750 | $443 | $576 | $709 |
| $4,000 | $1,200 | $0 | $126 | $259 |
Rate history
The two-bedroom rate went up 6% from FY 2025 ($1,251) to FY 2026 ($1,326). Since FY 2020 it's up 45% in total, about 6.4% a year. The Illinois median moved up 6% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $621 | $692 | $912 | $1,220 | $1,368 | — |
| FY 2021 | $640 | $717 | $945 | $1,272 | $1,396 | +3.6% |
| FY 2022 | $650 | $743 | $978 | $1,315 | $1,430 | +3.5% |
| FY 2023 | $715 | $813 | $1,070 | $1,458 | $1,541 | +9.4% |
| FY 2024 | $789 | $886 | $1,164 | $1,569 | $1,619 | +8.8% |
| FY 2025 | $858 | $954 | $1,251 | $1,654 | $1,661 | +7.5% |
| FY 2026 | $914 | $1,011 | $1,326 | $1,745 | $1,774 | +6.0% |
| FY 2027 | $939 | $1,031 | $1,349 | $1,775 | $1,876 | +1.7% |
Nearby counties
Questions people ask
$1,326 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $914 for a studio, $1,011 for one bedroom, $1,745 for three and $1,774 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Kankakee actually go for?
HUD's number is one input. Search any address in Kankakee for a rent estimate built from nearby comps. 3 free searches, no card.
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