What's the average rent in Kokomo, IN?

Rental Market Trends in Kokomo, IN

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Kokomo, IN is $950 per month, which is 50% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$950

0.0%No change month over month

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

AVAILABLE RENTALS

132

APARTMENTS

$859

HOUSES

$1,150

TOWNHOUSES

$750

As of May 2026, townhomes are the most affordable rental option in Kokomo, IN at $750 per month, while houses are the most expensive at $1,150 per month. Apartments average $859 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	$1,345
4 Bedrooms	$1,670
All	$950

As of May 2026, the average rent for a 1 bedroom rental in Kokomo, IN is $795 per month, followed by $950 for a 2 bedroom rental, $1,345 for a 3 bedroom rental, and $1,670 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$750
2 Bedrooms	$1,256
3 Bedrooms	—
4 Bedrooms	—
All	$1,256

As of May 2026, the average rent for a 1 bedroom townhome in Kokomo, IN is $750 per month, followed by $1,256 for a 2 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$725
2 Bedrooms	$875
3 Bedrooms	$900
4 Bedrooms	—
All	$800

As of May 2026, the average rent for a 1 bedroom apartment in Kokomo, IN is $725 per month, followed by $875 for a 2 bedroom apartment, and $900 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$815
2 Bedrooms	$950
3 Bedrooms	$1,400
4 Bedrooms	$1,670
All	$1,126

As of May 2026, the average rent for a 1 bedroom house in Kokomo, IN is $815 per month, followed by $950 for a 2 bedroom house, $1,400 for a 3 bedroom house, and $1,670 for a 4 bedroom house.