Average Rent in Kokomo, IN and Rent Price Trends

Rent price summary for
Kokomo, IN

As of September 2025, the median rent for all bedroom counts and property types in Kokomo, IN is $950. This is -52% lower than the national average.

$1.16

average price per square foot

Median rent

$950

over the previous yearvs previous year

Total rentals

74

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Kokomo, IN is $950. This is -52% lower than the national average.

$1.16

average price per square foot

Rent ranges

17%

74%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

65%

35%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Kokomo, IN
The monthly rent for an apartment in Kokomo, IN is $850. A 1-bedroom apartment in Kokomo, IN costs about $825 on average, while a 2-bedroom apartment is $920. Houses for rent in Kokomo, IN are more expensive, with an average monthly cost of $1,125.


1 bedroom	$800	3%	4%
2 bedroom	$920	2%	6%
3 bedroom	$1,295	2%	25%
4 bedroom	$1,400	18%	21%
Studio	$1,400	10%	15%


Apartments	$850	2%	No Change
Condos	$787	12%	No Change
Houses	$1,125	14%	No Change

Studio

Average rent

$1,400

Last 30 days

10%

Last year

15%

1 bedroom

Average rent

$800

Last 30 days

Last year

2 bedroom

Average rent

$920

Last 30 days

Last year

3 bedroom

Average rent

$1,295

Last 30 days

Last year

25%

4 bedroom

Average rent

$1,400

Last 30 days

18%

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.

Compare rent prices in Kokomo, IN to other cities

Median rent prices in Kokomo, IN for all bedroom counts and property types compared to Anderson, IN.

Kokomo

Median rent price$950

52%

lower than the national median

Median rent price$925

53%

lower than the national median

Takeaway

The median rent for all rentals in Kokomo, IN is 3% higher than the median rent in Anderson, IN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Anderson

$925

Last year

Atlanta

$1,250

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$850

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Last year

Elwood

$1,175

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Last year

Fishers

$2,000

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$1,395

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$1,197

32%

Last year

Logansport

$822

Last year

Muncie

$904

Last year

Peru

$900

Last year

Plainfield

$1,715

Last year

Russiaville

$975

N/A

Last year

Cost of living in
Kokomo, IN

The overall cost of living in Kokomo, IN is 17% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.