Last updated on October 31, 2026

Average rent in
Kokomo, IN

Key takeaways for renters

  • Where Kokomo rent stands today

    Kokomo, IN rent rose modestly year over year by 1.3%, with a current median of $972/month. Month over month, rent increased 6.1%.

  • Kokomo's median rent is 48.9% more affordable than the $1,900/month national median, with 96 total rentals available. This positions Kokomo as an accessible rental market for renters seeking value in smaller metros.

  • Price ranges

    Studios in Kokomo rent for $962/month, 1-bedrooms for $795/month, and 2-bedrooms for $950/month. The 3-bedroom median is $1,250/month and 4+ bedrooms reach $1,462/month.

Median rent

Median rent in Kokomo

$971/mo

increased by1%

vs previous year

The average rent in Kokomo is $971 per month as of October 2026. This is 49% below the national average rent, or $928 less per month.

$1.13

average price per square foot

Total rentals

Available rentals in Kokomo

96

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Kokomo rentals at each price point

80%60%40%20%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 increased by 6% over the last month and have increased by 1% 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 $880, whereas a house costs $1,250. 1-bedroom apartments in Kokomo run $795 on average, while 2-bedroom apartments are $950.

Listings

Studio

$962

No Change

25%

1 bedroom

$795

No Change

1%

2 bedroom

$950

No Change

1%

3 bedroom

$1,250

No Change

3%

4 bedroom

$1,462

3%

3%

Studio

Average rent

$962

Last year

25%

1 bedroom

Average rent

$795

Last year

1%

2 bedroom

Average rent

$950

Last year

1%

3 bedroom

Average rent

$1,250

Last year

3%

4 bedroom

Average rent

$1,462

Last 30 days

3%

Last year

3%

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$971
decreased by49%

lower than the national median

Median rent price$995
decreased by48%

lower than the national median

Takeaway

The median rent for all rentals in Kokomo, IN is 2% 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 & Services7% lower
Groceries2% lower
Health8% lower
Housing42% lower
Transportation5% lower
Utilities8% lower

Discover rentals in Kokomo, IN

Brentwood Greene - Photo 1 of 1
Age restricted

2h ago

7.9

Very good

Brentwood Greene

1534 Dodge St, Kokomo, IN 46902

1–2 beds

1 bath

$430–$1,097

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

1d ago

7.9

Very good

Union at Washington

918 N Washington St, Kokomo, IN 46901

Studio–3 beds

1–2 baths

$455–$1,802

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
1109 South Main Street - Photo 1 of 1

4d ago

8.4

Very good

1109 South Main Street

1109 S Main St, Kokomo, IN 46902

Studio–2 beds

1 bath

$650–$895

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1718 N Lafountain St #2 - Photo 1 of 1

4d ago

Apartment for rent in Kokomo

1718 North Lafountain Street - 2

1718 N Lafountain St #2, Kokomo, IN 46901

2 beds

1 bath

$700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $971 per month as of October 31, 2026.

Is rent up or down in Kokomo?

Average rent prices in Kokomo have increased by 6% over the last month and have increased by 1% since last year.

How does Kokomo rent compare to the national average?

Rent in Kokomo is 49% below the national average, which means renters are paying approximately $928 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 $39,000/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).

Apartments for rent in Anderson