Cheap Apartments for Rent in 60416
12 rentals
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Apartments For Rent Near 60416
We found 30 more apartments matching your filters just outside 60416
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Use arrow keys to navigate$750 - $2,000/mo
Studio
1 Bath555 South Schuyler Ave - 235 | 555 S Schuyler Ave #235,
Kankakee, IL 60901
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PET FRIENDLY$849 - $1,399/mo1-3 Beds1-2 BathsSherwood Forest Apartments | 1100 W Jeffery St #e04996961,
Kankakee, IL 60901
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Average Rent Trends in 60416
Rent in 60416 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,350 |
| Jul 2025 | $1,399 |
| Aug 2025 | $1,300 |
| Sep 2025 | $1,350 |
| Oct 2025 | $1,551 |
| Nov 2025 | $1,588 |
| Dec 2025 | $1,500 |
| Jan 2026 | $1,519 |
| Feb 2026 | $1,400 |
| Mar 2026 | $1,350 |
| Apr 2026 | $1,200 |
| May 2026 | $1,251 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $1,245 | $1,554 | — | $1,245 |
| Townhomes | — | $1,500 | $1,900 | — | $1,900 |
| Apartments and Condos | $1,100 | $1,450 | — | — | $1,100 |
| Houses | — | — | $2,000 | — | $2,000 |
Frequently Asked Questions about Rentals in 60416
- What is the average rent of an apartment in 60416?The average rent of an apartment in 60416 is $1,261 per month. This is about 35% lower than the national average.
- What is the average rent of a house in 60416?The average rent of a house in 60416 is $2,000 per month. This is about 4% higher than the national average.
- What is the average rent of a townhome in 60416?The average rent of a townhome in 60416 is $1,900 per month. This is about 2% lower than the national average.
- When is the average rent cheapest in 60416?In the last year, the average rent in 60416 was lowest in Jan 2025 when it was $1,100 per month.
- When is the average rent most expensive in 60416?In the last year, the average rent in 60416 was highest in Nov 2025 when it was $1,588 per month.
- How many available rental listings are in 60416?There are 9 available rental listings in 60416.
- What are some cities near 60416?Some nearby cities include: Coal City, Carbon Hill, Diamond, Braidwood, Godley, Braceville. These cities may have more rental options to explore.