Last updated on June 18, 2026

Average rent in
Kokomo, IN

Key takeaways for renters

  • The bottom line

    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.

  • Vs. national rents

    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.

  • Rent ranges by bedroom

    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.

  • Neighborhood spotlight

    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

Median rent in Kokomo

$950/mo

decreased by5%

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.

$1.24

average price per square foot

Total rentals

Available rentals in Kokomo

80

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Kokomo rentals at each price point

85%64%43%21%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 3% over the last month and have decreased by 5% 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 $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%

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%

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 by51%

lower than the national median

Median rent price$975
decreased by50%

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

$398–$1,065

Apartment for rent

728 S Leeds St - Photo 1 of 1

1d ago

Apartment for rent in Kokomo

728 South Leeds Street

728 S Leeds St, Kokomo, IN 46901

2 beds

1 bath

$750

Apartment for rent

621 1/2 S Main St - Photo 1 of 1

1d ago

Apartment for rent in Kokomo

621 1/2 S. Main

621 1/2 S Main St, Kokomo, IN 46901

2 beds

1 bath

$750

Apartment for rent

809 N Webster St - Photo 1 of 1

5d+ ago

Townhouse for rent in Kokomo

2 beds

1 bath

$750

House for rent

Available May 8

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 June 13, 2026.

Is rent up or down in Kokomo?

Average rent prices in Kokomo have decreased by 3% over the last month and have decreased by 5% since last year.

How does Kokomo rent compare to the national average?

Rent in Kokomo is 51% below the national average, which means renters are paying approximately $1,000 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?

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.

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).

Apartments for rent in Anderson