What's the average rent in Kokomo, IN?

Rental Market Trends in Kokomo, IN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Kokomo, IN is $950 per month, which is 51% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$950

5.6%$50 increase month-over-month

-5.0%-$50 decrease year-over-year

AVAILABLE RENTALS

108

APARTMENTS

$909

HOUSES

$1,295

TOWNHOUSES

$975

As of June 2026, apartments are the most affordable rental option in Kokomo, IN at $909 per month, while houses are the most expensive at $1,295 per month. Townhomes average $975 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	$950
3 Bedrooms	$1,375
4 Bedrooms	$1,900
All	$950

As of June 2026, the average rent for a 1 bedroom rental in Kokomo, IN is $795 per month, followed by $950 for a 2 bedroom rental, $1,375 for a 3 bedroom rental, and $1,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	$975
4 Bedrooms	—
All	$975

Floor plan type	Average rent
1 Bedroom	$725
2 Bedrooms	$889
3 Bedrooms	$1,200
4 Bedrooms	$2,000
All	$825

As of June 2026, the average rent for a 1 bedroom apartment in Kokomo, IN is $725 per month, followed by $889 for a 2 bedroom apartment, $1,200 for a 3 bedroom apartment, and $2,000 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$900
3 Bedrooms	$1,495
4 Bedrooms	$1,900
All	$1,295

As of June 2026, the average rent for a 1 bedroom house in Kokomo, IN is $800 per month, followed by $900 for a 2 bedroom house, $1,495 for a 3 bedroom house, and $1,900 for a 4 bedroom house.