The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Kankakee, IL MSA, IL

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Kankakee, IL MSA, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $710 to a high of $868, with an average of $789.
One-bedroom: One-bedroom rental prices vary, with a minimum of $797, a maximum of $975, and an average of $886.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,048, peaking at a maximum of $1,280, and averaging at $1,164.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,412, a maximum of $1,726, and an average of $1,569.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,457 to a maximum of $1,781, with an average of $1,619.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Kankakee, IL MSA Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Kankakee, IL MSA, IL Low Rent (90%) $710 $797 $1,048 $1,412 $1,457
Average Rent $789 $886 $1,164 $1,569 $1,619
High Rent(110%) $868 $975 $1,280 $1,726 $1,781
2023 Kankakee, IL MSA, IL Low Rent (90%) $644 $732 $963 $1,312 $1,387
Average Rent $715 $813 $1,070 $1,458 $1,541
High Rent (110%) $787 $894 $1,177 $1,604 $1,695
2022 Kankakee, IL MSA, IL Low Rent (90%) $585 $669 $880 $1,184 $1,287
Average Rent $650 $743 $978 $1,315 $1,430
High Rent(110%) $715 $817 $1,076 $1,447 $1,573
2021 Kankakee, IL MSA, IL Low Rent (90%) $576 $645 $851 $1,145 $1,256
Average Rent $640 $717 $945 $1,272 $1,396
High Rent (110%) $704 $789 $1,040 $1,399 $1,536
2020 Kankakee, IL MSA, IL Low Rent (90%) $559 $623 $821 $1,098 $1,231
Average Rent $621 $692 $912 $1,220 $1,368
High Rent(110%) $683 $761 $1,003 $1,342 $1,505
2019 Kankakee, IL MSA, IL Low Rent (90%) $527 $607 $803 $1,084 $1,255
Average Rent $586 $674 $892 $1,204 $1,394
High Rent (110%) $645 $741 $981 $1,324 $1,533
2018 Kankakee, IL MSA, IL Low Rent (90%) $510 $601 $800 $1,085 $1,297
Average Rent $567 $668 $889 $1,206 $1,441
High Rent(110%) $624 $735 $978 $1,327 $1,585
2017 Kankakee, IL MSA, IL Low Rent (90%) $513 $608 $809 $1,112 $1,327
Average Rent $570 $676 $899 $1,235 $1,474
High Rent (110%) $627 $744 $989 $1,359 $1,621


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