Last updated on September 16, 2026

Average rent in
Kokomo, IN

Key takeaways for renters

  • The bottom line

    Kokomo, IN rent is essentially flat year over year, with a current median of $950/month. The market has softened slightly month to month, with rent down 0.6% since last month, and renters are paying about the same as last year on average.

  • Kokomo sits 50.0% more affordable than the $1,900/month national median, making it one of the more accessible smaller metros for renters seeking value. The market offers a total of 90 rentals, a relatively small inventory size.

  • Price ranges

    Apartments make up 67.5% of Kokomo's rental inventory and run around $850/month, while houses rent for about $1,395/month. Bedroom rents range from $795/month for 1-bed units to $2,000/month for 4+ bedrooms, with 2-bedrooms near the city median at $950/month.

Median rent

Median rent in Kokomo

$950/mo

Flat

vs previous year

The average rent in Kokomo is $950 per month as of September 2026. This is 50% below the national average rent, or $950 less per month.

$1.14

average price per square foot

Total rentals

Available rentals in Kokomo

90

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Kokomo rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Kokomo, IN

Average rent prices in Kokomo have decreased by 1% over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Kokomo, IN

Rent prices in Kokomo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Kokomo is $850, whereas a house costs $1,395. 1-bedroom apartments in Kokomo run $795 on average, while 2-bedroom apartments are $950.

Listings

Studio

$850

13%

16%

1 bedroom

$795

No Change

4%

2 bedroom

$950

No Change

2%

3 bedroom

$1,350

4%

3%

4 bedroom

$2,000

14%

113%

Studio

Average rent

$850

Last 30 days

13%

Last year

16%

1 bedroom

Average rent

$795

Last 30 days

No Change

Last year

4%

2 bedroom

Average rent

$950

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$1,350

Last 30 days

4%

Last year

3%

4 bedroom

Average rent

$2,000

Last 30 days

14%

Last year

113%

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.

How does rent in Kokomo, IN compare to other cities?

Compare median rent prices in Kokomo and Anderson by all bedroom counts and property types.

Kokomo

Median rent price$950
decreased by50%

lower than the national median

Median rent price$975
decreased by49%

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.

Cost of living in Kokomo, IN

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 & Services6% lower
Groceries1% lower
Health10% lower
Housing43% lower
Transportation3% lower
Utilities7% lower

Discover rentals in Kokomo, IN

Brentwood Greene - Photo 1 of 1
Age restricted

2d ago

7.9

Very good

Brentwood Greene

1534 Dodge St, Kokomo, IN 46902

1–2 beds

1 bath

$430–$1,097

5d+ ago

7.9

Very good

Union at Washington

918 N Washington St, Kokomo, IN 46901

Studio–3 beds

1–2 baths

$455–$1,802

1109 South Main Street - Photo 1 of 1

1d ago

8.4

Very good

1109 South Main Street

1109 S Main St, Kokomo, IN 46902

Studio–2 beds

1 bath

$650–$895

1910 N Apperson Way - Photo 1 of 1

23h ago

7.7

Very good

1910 N Apperson Way

1910 N Apperson Way, Kokomo, IN 46901

2 beds

1 bath

$829

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Kokomo, IN

Quick answers to common questions about the Kokomo rental market.

How much is rent in Kokomo?

The average rent in Kokomo is $950 per month as of September 12, 2026.

Is rent up or down in Kokomo?

Average rent prices in Kokomo have decreased by 1% over the last month and have remained the same since last year.

How does Kokomo rent compare to the national average?

Rent in Kokomo is 50% below the national average, which means renters are paying approximately $950 less per month.

What salary do I need to afford rent in Kokomo?

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.

When is the best time of year to rent in Kokomo?

February offers the best rental deals in Kokomo, with rents running about 11% lower than July's peak pricing. This seasonal variation creates clear timing advantages for flexible renters.

Methodology

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).

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