Last updated October 2, 2026

Average Rent in Kokomo, IN & Rent Trends

Rent prices and market trends across 9 apartment communities in Kokomo, IN. Updated daily.

Area All Areas

Kokomo 46901 46902

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$1,123/mo

▼ 1.5% from last month

Lowest Available

$845/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Kokomo, IN

Compare average rent across Kokomo, IN neighborhoods. Click any area to see detailed trends.

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Kokomo 46901	$1,239	▲ $31	$886	3	26
Kokomo 46902	$1,024	▼ $16	$845	6	27

Is Rent Going Up or Down in Kokomo, IN?

As of October 2026, the average rent in Kokomo, IN is $1,123 per month across 9 apartment communities and 52 available units. Rents have decreased $18 (1.5%) over the past month.

The most affordable option is Ashbury Apartments starting at $845/mo. By unit type, a studio averages $1,023/mo, a 1-bedroom averages $1,123/mo, a 2-bedroom averages $1,138/mo, a 3-bedroom averages $1,226/mo.

Prices range from $845 to $1,541 per month. The most common price point is the $800 range, where 18 units are currently listed.

Kokomo, IN Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,108	-	9
August 2026	$1,066	-$42	9
September 2026	$1,086	+$20	9
October 2026	$1,061	-$25	8

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Kokomo, IN

Studio

$1,023

from $850 · 7 units

1 Bed

$1,123

from $845 · 16 units

2 Bed

$1,138

from $929 · 26 units

3 Bed

$1,226

from $1,002 · 3 units

Rent Prices by Apartment in Kokomo, IN

Property	Starting at	Average	Units	Rating
Ashbury Apartments	$845/mo	$965/mo	8	3.4
Park Place Apartments	$850/mo	$946/mo	5	4.4
Bradford Run Apartments	$863/mo	$1,007/mo	8	4.2
Apperson Way Apartments	$886/mo	$1,045/mo	4	3.7
Westbrook	$920/mo	$975/mo	2	4.4
Maple Crest Apartments	$965/mo	$965/mo	1	3.8
Trail View Apartments	$980/mo	$1,099/mo	4	4.1
Walnut Creek Apartments	$1,060/mo	$1,329/mo	4	4.4
306 Riverfront District Apartments	$1,063/mo	$1,317/mo	16	4.4

Frequently Asked Questions About Rent in Kokomo, IN

What is the average rent in Kokomo, IN?

The average rent in Kokomo, IN is $1,123 per month as of October 2026, based on 52 units across 9 apartment communities.

Is rent going up or down in Kokomo, IN?

Rent in Kokomo, IN has decreased $18 (1.5%) over the past month. The current average is $1,123/mo.

What is the cheapest apartment in Kokomo, IN?

The most affordable apartment in Kokomo, IN is Ashbury Apartments with units starting at $845/mo.

How much is a 1-bedroom apartment in Kokomo, IN?

A 1-bedroom apartment in Kokomo, IN averages $1,123/mo, with prices starting at $845/mo across 16 available units.

How many apartments are available in Kokomo, IN?

There are 52 units available across 9 apartment communities in Kokomo, IN.

What salary do I need to live comfortably in Kokomo, IN?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$45,000/year

Based on the 30 percent rule, using our tracked average rent of $1,123/mo.

Comfortable income

$54,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($845/mo), you need to earn at least $34,000/year.

Median household income in Kokomo, IN is $54,195 , about 1% above the comfortable-living threshold.

Cost of living in Kokomo, IN

Overall prices in Kokomo, IN runs below the national average by about 10% (BEA Regional Price Parity index 89.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Kokomo, IN's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,123	daily refresh
Utilities	$266	BLS × BEA RPP
Groceries	$512	BLS × BEA RPP
Transportation	$633	BLS × BEA RPP
Healthcare	$309	BLS × BEA RPP
Other goods and services	$494	BLS × BEA RPP
Estimated total	$3,337/mo	$40,038/year

Population

59,375

Median household income

$54,195

Census median rent

$917/mo

Census rent burden

30.7%

Median age

39.8

Mean commute

19 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Indiana Rent Trends

Compare rent across all Indiana cities

Explore Kokomo, IN on Map

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US-wide rent comparison

See how Kokomo, IN rents stack up against the national median