What's the average rent in Kokomo, IN?

Rental Market Trends in Kokomo, IN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Kokomo, IN is $996 per month, which is 49% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$996

1.6%$16 increase month-over-month

2.2%$21 increase year-over-year

AVAILABLE RENTALS

120

APARTMENTS

$874

HOUSES

$1,400

TOWNHOUSES

$2,500

As of September 2026, apartments are the most affordable rental option in Kokomo, IN at $874 per month, while townhomes are the most expensive at $2,500 per month. Houses average $1,400 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$832
2 Bedrooms	$1,000
3 Bedrooms	$1,350
4 Bedrooms	$1,595
All	$996

As of September 2026, the average rent for a 1 bedroom rental in Kokomo, IN is $832 per month, followed by $1,000 for a 2 bedroom rental, $1,350 for a 3 bedroom rental, and $1,595 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	—
4 Bedrooms	—
All	$2,500

Floor plan type	Average rent
1 Bedroom	$716
2 Bedrooms	$900
3 Bedrooms	$1,225
4 Bedrooms	—
All	$850

As of September 2026, the average rent for a 1 bedroom apartment in Kokomo, IN is $716 per month, followed by $900 for a 2 bedroom apartment, and $1,225 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$925
2 Bedrooms	$1,100
3 Bedrooms	$1,432
4 Bedrooms	$1,595
All	$1,400

As of September 2026, the average rent for a 1 bedroom house in Kokomo, IN is $925 per month, followed by $1,100 for a 2 bedroom house, $1,432 for a 3 bedroom house, and $1,595 for a 4 bedroom house.