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City · 18,078 residents · Kankakee County, Illinois

Bourbonnais , Illinois

In Bourbonnais, a typical home is worth $253,100 and typical rent is $1,269 a month. Compared with all of Kankakee County, the typical home value is 31% higher and typical rent is 16% higher.

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  • Typical home value

    $253,100

    31% above the county

    4% below Illinois

    • Bourbonnais
    • Kankakee
    • Illinois

  • Typical rent

    $1,269a month

    16% above the county

    About the same as Illinois

    • Bourbonnais
    • Kankakee
    • Illinois

  • Typical household income

    $81,708a year

    15% above the county

    2% below Illinois

    • Bourbonnais
    • Kankakee
    • Illinois

  • Households that own their home

    73%

    4 points above the county

    6 points above Illinois

    • Bourbonnais
    • Kankakee
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$303,033
5.2% more than 12 months ago
Typical rent
$1,381 a month
7.5% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Bourbonnais is in Kankakee County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Kankakee County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Bourbonnais apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Kankakee, the typical home value is $104,900: 59% less than in Bourbonnais ($253,100).

  2. Nearby, in Wilmington, the typical rent is $888: 30% less than in Bourbonnais ($1,269).

  3. The typical home in Bourbonnais is worth $253,100, 31% more than in Kankakee County as a whole ($192,600).

  4. The typical rent in Bourbonnais is $1,269 a month, 16% more than in Kankakee County as a whole ($1,097).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Bourbonnais

What homes there are in Bourbonnais, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

As in Kankakee County, most homes in Bourbonnais are detached houses (68%).

Year built

Here half of the homes date from 1979 or later; in Kankakee County, from 1972 or later.

Much as in Kankakee County, 68% of homes in Bourbonnais have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,866 a month

Kankakee County: $1,649 a month

Without a mortgage

$914 a month

Kankakee County: $718 a month

Owners with a mortgage

64%

Kankakee County: 58%

In Bourbonnais, 64% of owners have a mortgage, and their typical cost is $1,866 a month, against $1,649 in Kankakee County. Without one it drops to $914.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Bourbonnais rose 46% since 2015–2019, more than in Kankakee County (30%).

Since 2015–2019, the typical rent in Bourbonnais rose 38%, more than in Kankakee County (24%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBourbonnaisKankakee CountyIllinoisUnited States
Rental vacancy Unreliable estimate4.2%5.0%5.5%
Homeowner vacancy Unreliable estimate1.2%1.0%0.9%
More than one person per room Unreliable estimate2.0%2.5%3.4%
People per household 2.522.482.462.53
Drive alone 76%78%66%69%
Carpool 7%8%8%9%
Public transit Unreliable estimate1%6%3%
Walk or bike 5%3%3%3%
Work from home 10%8%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Much as in Kankakee County, a household in Bourbonnais has 2.52 people on average.

In Bourbonnais, 76% of workers drive alone to work; in Kankakee County, 78%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Bourbonnais?

A typical home is tight for the typical income

We start with a typical home in Bourbonnais, worth $253,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in Bourbonnais, which is $81,708 a year. For that payment to be 28% of income, a household would need to earn about $101,355 a year.

The calculator's FHA and conventional loan limits are those of all of Kankakee County.

Your numbers

Local data
$

Starts at the typical home value in Bourbonnais. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $8,859 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,365

at 7.18% · 30 years

Loan amount
$248,515
Total interest
$357,555
Paid off in
November 2056

Includes $4,274 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,907 a month

  • Tight

    $1,907 to $2,451 a month

    Your payment · 35%

  • Hard

    more than $2,451 a month

Compared with the typical household income in Bourbonnais ($81,708 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,365
Principal & interest$1,684
Property tax$464
Home insurance$106
FHA mortgage insurance (MIP)$112

You need at least $8,859 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Bourbonnais and Kankakee County

Bourbonnais is in Kankakee County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Bourbonnais's own numbers

Typical home value
$253,100
Typical monthly rent
$1,269
Typical yearly household income
$81,708
Households that own their home
73%
Effective property tax rate
2.2%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Kankakee County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,349
Price change over 5 years (FHFA)
+46%
Homes in a high flood-risk zone
4.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Kankakee County.

Everything about Kankakee County

Buying

Buying a home in Bourbonnais

A typical home in Bourbonnais is worth $253,100: 31% above the county and 4% below Illinois. With the typical household income in Bourbonnais ($81,708 a year), a typical home costs 3.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Bourbonnais 3.1 years
  • Kankakee 2.7 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Kankakee County

According to FHFA’s house price index, home prices in Kankakee County rose 68% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Kankakee County.

Period County Illinois U.S.
Last year (2025) +3.0% +5.7% +2.9%
5 years (2020–2025) +46% +47% +47%
10 years (2015–2025) +68% +65% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Bourbonnais next to Kankakee County, Illinois and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Bourbonnais $253,100
  • Kankakee $192,600
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Bourbonnais $1,269
  • Kankakee $1,097
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Bourbonnais $81,708
  • Kankakee $71,281
  • Illinois $83,390
  • United States $80,734
See the full table
Bourbonnais next to Kankakee County and Illinois
Measure Bourbonnais Kankakee County Illinois U.S.
Typical home value $253,100 $192,600 $263,300 $332,700
Typical monthly rent $1,269 $1,097 $1,274 $1,413
Typical yearly household income $81,708 $71,281 $83,390 $80,734
Households that own their home 73% 70% 67% 65%
Typical yearly property tax $5,568 $4,266 $5,298 $3,119
Effective property tax rate 2.2% 2.21% 2.01% 0.94%
Renters with high rent for their income 39% 47% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Kankakee County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Bourbonnais

For a typical $253,100 home in Bourbonnais, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Bourbonnais's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,365a month

    Least cash to close
    Down payment
    $8,859
    Cash to close
    $16,452
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $112

  • Conventional, 5% down $2,319a month

    Down payment
    $12,655
    Cash to close
    $20,248
    Rate
    7.18%
    Mortgage insurance
    PMI · $120

  • Conventional, 20% down, no PMI $1,941a month

    Down payment
    $50,620
    Cash to close
    $58,213
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,175a month

    Down payment
    $37,965
    Cash to close
    $45,558
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Bourbonnais and for Kankakee County.

Property tax

Effective rate in Bourbonnais

2.2%of the home’s value each year

$5,568 a year for the typical owner in Bourbonnais.

  • Bourbonnais 2.2%
  • Kankakee 2.21%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in Kankakee County

FEMA does not publish these numbers by city: they are for all of Kankakee County.

Homes in the high-risk zone
4.6%
1,771
Of those, with NFIP insurance
14%
County Illinois U.S.
Homes in the high-risk zone 4.6% 1.5% 3.5%
Of those, with NFIP insurance 14% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Bourbonnais

Typical rent in Bourbonnais is $1,269 a month: 16% above the county. In Bourbonnais, 39% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Kankakee County, by unit size. To pay the 2-bedroom one ($1,349 a month) without spending more than 30% of your income, you would need to earn $25.94 an hour working full time.

HUD fair market rent for all of Kankakee County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $939 $18.06 $37,560
1 bedroom $1,031 $19.83 $41,240
2 bedrooms $1,349 $25.94 $53,960
3 bedrooms $1,775 $34.13 $71,000
4 bedrooms $1,876 $36.08 $75,040

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Bourbonnais

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Bourbonnais is in ZIP code 60914.

For 2 bedrooms it is $1,530: $181 more than the fair market rent for Kankakee County ($1,349).

  • 60914 $1,530$2,010

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Bourbonnais when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Bourbonnais

HUD lists 2 buildings with rents for lower incomes in Bourbonnais. These are the largest.

  • Hidden Glen 170 N Stadium Dr, Bourbonnais 60914 128 low-income homes · For families (815) 932-9265
  • Girard 1583 Girard Ave, Bourbonnais 60914 8 low-income homes · Run by Kankakee County Housing Authority · Homes at several sites (815) 939-7125

See all 19 buildings in Kankakee County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Bourbonnais

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Kankakee County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Bourbonnais

No down payment, repair or rent-help program on our list is for Bourbonnais or Kankakee County. The ones below are statewide in Illinois: they work in Bourbonnais the same as in the rest of the state.

Which programs do I qualify for? All programs in Illinois

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Forgivable

    See the program Official page

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

Housing counselors near Bourbonnais

The HUD-approved agencies closest to the center of Bourbonnais, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Respond Now, Inc.

    1439 Emerald Ave, Chicago Heights · 26 miles away

    • Budget and financial counseling
    • Homelessness services
    • and 1 more
    (708) 755-4357

  • Ceda - Chicago Heights

    1215 West End Ave., Chicago Heights · 26 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (312) 288-8010

  • Cornerstone Community Development Corporation, NFP

    943 E Lincoln Hwy, Ford Heights · 27 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (708) 758-2565

All counseling agencies in Illinois

Help in Spanish near Bourbonnais

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Bourbonnais

HUD’s record names them for Bourbonnais or Kankakee County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Kankakee County Housing Authority Public housing and Section 8 vouchers (815) 939-7125

All housing agencies in Illinois Source: HUD

Cities

Other cities in Kankakee County

These cities are also in Kankakee County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Kankakee County Housing in Illinois

Nearby cities

The cities closest to Bourbonnais, with the typical home value.

Neighboring counties

If Kankakee County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Bourbonnais.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Bourbonnais

Short answers with the numbers for Bourbonnais and all of Kankakee County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Bourbonnais?

The typical home value in Bourbonnais is $253,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Kankakee County it is $192,600.

How much does it cost to rent in Bourbonnais?

Typical rent in Bourbonnais is $1,269 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Kankakee County is $1,349.

What is the FHA loan limit in Bourbonnais?

Bourbonnais uses the FHA limit for all of Kankakee County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Bourbonnais?

The typical homeowner in Bourbonnais pays $5,568 a year, according to the U.S. Census Bureau. That is 2.2% of the home’s value; in Kankakee County, the rate is 2.21%.

Where can I find free help to buy or rent in Bourbonnais?

We found no HUD-approved counseling agencies with an office in Kankakee County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).