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Bourbonnais, IL

Full City Profile · Illinois · Kankakee County County

3.5 /5.0
B+ Good
18,109 Population 1,945/sq mi density
$81,017 Median Income $34,742 per capita
$242,600 Home Value $290,005 Zillow
$1,132 Median Rent 24.8% income on rent
51°F Avg Temperature 275 sunny days/yr
291 Violent Crime/100K 1,292 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$81,017 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$242,600 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
291 violent crimes/100K
B+
Education
3.6 / 5.0
33.0% bachelor's degree or higher

Housing Overview

Median Home Value
$242,600
14% below
US avg: $281,900
Median Rent
$1,132/mo
3% below
US avg: $1,163/mo
Homeownership Rate
70.2%
7% above US avg (65.4%)
Total Housing Units
6,240
Median year built: 1979

Home Value by Source

Census Median
$242,600
Zillow (ZHVI)
$290,005
Median Sale Price
$320,000
Median List Price
$349,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.2%
Owner-Occupied
29.8%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,132/mo · Zillow rent: $1,507/mo

Market Indicators (Redfin)

Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
24.4%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
41
homes for sale

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
70.2%

Complete Housing Data

Home Values

Census Median Value$242,600
Zillow Home Value (ZHVI)$290,005
Median Sale Price$320,000
Median List Price$349,450
Price Per Sq Ft$171

Rent

Census Median Rent$1,132
Zillow Rent (ZORI)$1,507
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market73
Sale-to-List Ratio1.0%
Price Drops24.4%
Homes Sold12
Active Inventory41
Price Per Sq Ft$171

Ownership & Stock

Owner-Occupied70.2%
Renter-Occupied29.8%
Homeownership Rate70.2%
Total Housing Units6,240
Median Year Built1979
Rent Burden24.8%