What's the average rent in Kokomo, IN?

Rental Market Trends in Kokomo, IN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Kokomo, IN is $963 per month, which is 51% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$963

0.5%$4 increase month-over-month

-3.7%-$37 decrease year-over-year

AVAILABLE RENTALS

130

APARTMENTS

$888

HOUSES

$1,350

TOWNHOUSES

$1,000

As of August 2026, apartments are the most affordable rental option in Kokomo, IN at $888 per month, while houses are the most expensive at $1,350 per month. Townhomes average $1,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$795
2 Bedrooms	$969
3 Bedrooms	$1,300
4 Bedrooms	$1,600
All	$963

As of August 2026, the average rent for a 1 bedroom rental in Kokomo, IN is $795 per month, followed by $969 for a 2 bedroom rental, $1,300 for a 3 bedroom rental, and $1,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$600
2 Bedrooms	—
3 Bedrooms	—
4 Bedrooms	—
All	$1,000

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$875
3 Bedrooms	$1,200
4 Bedrooms	—
All	$850

As of August 2026, the average rent for a 1 bedroom apartment in Kokomo, IN is $700 per month, followed by $875 for a 2 bedroom apartment, and $1,200 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,000
3 Bedrooms	$1,395
4 Bedrooms	$1,600
All	$1,350

As of August 2026, the average rent for a 1 bedroom house in Kokomo, IN is $950 per month, followed by $1,000 for a 2 bedroom house, $1,395 for a 3 bedroom house, and $1,600 for a 4 bedroom house.