The median home in Bourbonnais, Illinois is valued at $286,338, up 3.7% year over year. Typical monthly rent is $1,488, producing a price-to-rent ratio of 16x — near the national average of 18x. Bourbonnais is part of the Kankakee, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Kankakee, IL stress score, crash risk, and 12-month forecast →
Home Value$286,338
+3.7%
Rent$1,488/mo
AFFORDABILITYRenting $642/mo cheaper ($1,488 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Bourbonnais.
$57,268 on $286,338
Stretch — 34.1% of income
Above 28% but manageable with cuts.
PITI$2,130
P/I34.1%
Afford$235K
Gap-$51K
P&I $1,448Tax $532Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Illinois
Compare Bourbonnais with other housing markets across Illinois.
Full Kankakee, IL analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Kankakee, IL metro.
View Kankakee, IL metro →