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Kankakee city, IL

ZIP 60901 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60901

Median Home Value
$143,200
Median Rent
$808
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$920/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60901 in Kankakee city, IL, a household would need roughly $39,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $920. That sits below the local median household income ($54,557), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
60.6%-7% vs US avg
x
Vacancy Rate
15.3%+49% vs US avg
x
Broadband Access
84.4%-3% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
10.7%-17% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
30.6%-38% vs US avg
x
Mortgage-Free
42.0%+10% vs US avg
x
$143,200
Home Value
$808
Rent
1960
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.6%
  • 1-unit attached1.3%
  • 2-9 units12.2%
  • 10+ units11.6%
  • Mobile home & other3.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$143,200
Median rent$808
Owner-occupied60.6%
Vacant15.3%
Price-to-income2.6x
Est. income to buy$39,000