Last updated
Average Rent in Kokomo, IN & Rent Trends
Rent prices and market trends across 7 apartment communities in Kokomo, IN. Updated daily.
Market Average
$1,184/mo
▼ 1.7% from last month
Lowest Available
$909/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
30
available now
Price Cuts This Week in Kokomo, IN
19 listed units across 1 building offering 2 bed units in Kokomo, IN dropped their asking rent in the past 7 days, an average cut of $44/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| 306 Riverfront District Apartments | Unit 306-417, B1-1 | $1,440 | $1,385 | $55 |
| 306 Riverfront District Apartments | Unit 315-118, B1-1c | $1,421 | $1,366 | $55 |
| 306 Riverfront District Apartments | Unit 315-213, B1-1 | $1,430 | $1,375 | $55 |
| 306 Riverfront District Apartments | Unit 315-214, B1-1 | $1,380 | $1,325 | $55 |
| 306 Riverfront District Apartments | Unit 315-311, B1-1 | $1,440 | $1,385 | $55 |
| 306 Riverfront District Apartments | Unit 315-412, B1-1 | $1,400 | $1,345 | $55 |
| 306 Riverfront District Apartments | Unit 327-113, B1-1a | $1,566 | $1,511 | $55 |
| 306 Riverfront District Apartments | Unit 327-201, B2-2 | $1,560 | $1,505 | $55 |
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 | $1,290 | ▼ $9 | $980 | 3 | 28 |
| Kokomo 46902 | $982 | ▼ $54 | $845 | 5 | 23 |
Is Rent Going Up or Down in Kokomo, IN?
As of August 2026, the average rent in Kokomo, IN is $1,184 per month across 7 apartment communities and 30 available units. Rents have decreased $19 (1.7%) over the past month.
The most affordable option is Bradford Run Apartments starting at $909/mo. By unit type, a 2-bedroom averages $1,184/mo.
Prices range from $909 to $1,515 per month. The most common price point is the $1,200 range, where 12 units are currently listed.
Kokomo, IN Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,128 | - | 7 |
| August 2026 | $1,070 | -$58 | 7 |
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.
Rent Price Distribution
Rent by Bedroom Type in Kokomo, IN
Rent Prices by Apartment in Kokomo, IN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Bradford Run Apartments | $909/mo | $928/mo | 3 | 4.2 |
| Ashbury Apartments | $929/mo | $967/mo | 6 | 3.4 |
| Park Place Apartments | $1,025/mo | $1,031/mo | 4 | 4.4 |
| Westbrook | $1,025/mo | $1,025/mo | 1 | 4.4 |
| Amberwood Place | $1,064/mo | $1,064/mo | 1 | 4.1 |
| Walnut Creek Apartments | $1,242/mo | $1,242/mo | 1 | 4.4 |
| 306 Riverfront District Apartments | $1,300/mo | $1,391/mo | 14 | 4.4 |
Frequently Asked Questions About Rent in Kokomo, IN
What is the average rent in Kokomo, IN?
Is rent going up or down in Kokomo, IN?
What is the cheapest apartment in Kokomo, IN?
How many apartments are available 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
$47,000/year
Based on the 30 percent rule, using our tracked average rent of $1,184/mo.
Comfortable income
$57,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($909/mo), you need to earn at least $36,000/year.
Cost of living in Kokomo, IN
We only have live rent data for Kokomo, IN so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,184 |
| Estimated total | $1,184/mo |
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 are refreshed annually.
Google Search Trends for Kokomo, IN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Kokomo, IN Apartments
Browse all 7 communities with daily-updated pricing and availability.