Bedroom count
Property type
Last updated on June 18, 2026
Last updated on June 18, 2026
Bedroom count
Property type
Kokomo, IN rent slipped 4.9% year over year, with a current median of $950/month. Renters are paying $59 less per month on average than last year, continuing a downward trend from the peak of $1,000/month in April 2025.
Kokomo runs roughly half the national median rent, sitting 51.3% more affordable than the $1,950/month national median. This positions Kokomo as a highly accessible market for renters seeking value.
Studios in Kokomo run at $1,200/month, 1-bedrooms at $795/month, 2-bedrooms at $950/month, 3-bedrooms at $1,272/month, and 4+ bedrooms at $1,500/month. This range reflects the variety of unit sizes available in the market.
Studio rents in Kokomo climbed 65.6% year over year, a notable divergence from the overall market decline. This sharp rise indicates strong demand or limited supply in the studio segment compared to other bedroom types.
Median rent in Kokomo
$950/mo
vs previous year
The average rent in Kokomo is $950 per month as of June 2026. This is 51% below the national average rent, or $1,000 less per month.
average price per square foot
Available rentals in Kokomo
80
for rent on Zumper.com as of June 2026
Share of Kokomo rentals at each price point
Average rent prices in Kokomo have decreased by 3% over the last month and have decreased by 5% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Kokomo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Kokomo is $872, whereas a house costs $1,095. 1-bedroom apartments in Kokomo run $795 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $1,200 | 5% | 6% | |
1 bedroom | $795 | 1% | 11% | |
2 bedroom | $950 | No Change | 3% | |
3 bedroom | $1,272 | 4% | 7% | |
4 bedroom | $1,500 | 7% | 21% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Kokomo, IN.
Listings | ||||
|---|---|---|---|---|
Apartments | $872 | No Change | No Change | |
Condos | $1,312 | 9% | - | |
Houses | $1,095 | 2% | No Change |
Studio
Average rent
$1,200
Last 30 days
5%
Last year
6%
1 bedroom
Average rent
$795
Last 30 days
1%
Last year
11%
2 bedroom
Average rent
$950
Last 30 days
No Change
Last year
3%
3 bedroom
Average rent
$1,272
Last 30 days
4%
Last year
7%
4 bedroom
Average rent
$1,500
Last 30 days
7%
Last year
21%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Kokomo, IN.
Apartments
Average rent
$872
Last 30 days
No Change
Condos
Average rent
$1,312
Last 30 days
9%
Houses
Average rent
$1,095
Last 30 days
2%
The table above reflects average rent prices in Kokomo, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Kokomo and Anderson by all bedroom counts and property types.
Kokomo
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Kokomo, IN is 3% lower than the median rent in Anderson, IN.
Explore rent trends in neighboring markets
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 6% lower |
| Groceries | 1% lower |
| Health | 10% lower |
| Housing | 43% lower |
| Transportation | 3% lower |
| Utilities | 7% lower |
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Quick answers to common questions about the Kokomo rental market.
The average rent in Kokomo is $950 per month as of June 13, 2026.
Average rent prices in Kokomo have decreased by 3% over the last month and have decreased by 5% since last year.
Rent in Kokomo is 51% below the national average, which means renters are paying approximately $1,000 less per month.
To comfortably afford rent in Kokomo, you'd need to earn approximately $38,000/year, based on spending no more than 30% of your income on rent.
Kokomo's 2025 rental market shows one-bedroom apartments averaging around $820 per month, while two-bedroom units average around $970 monthly. These figures reflect the current pricing across the city's rental inventory.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).