Last updated
Average Rent in Kokomo 46902 & Rent Trends
Rent prices and market trends across 5 apartment communities in Kokomo 46902, Kokomo, IN. Updated daily.
Market Average
$982/mo
▼ 3.3% from last month
Lowest Available
$845/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
23
available now
Kokomo 46902 vs Kokomo, IN Average
Kokomo 46902 is cheaper than the Kokomo, IN average by $169/mo (15%). The citywide average is $1,151/mo across all neighborhoods.
Is Rent Going Up or Down in Kokomo 46902?
As of August 2026, the average rent in Kokomo 46902 is $982 per month across 5 apartment communities and 23 available units. Rents have decreased $34 (3.3%) over the past month.
The most affordable option is Ashbury Apartments starting at $845/mo. By unit type, a studio averages $970/mo, a 1-bedroom averages $945/mo, a 2-bedroom averages $998/mo.
Prices range from $845 to $1,242 per month. The most common price point is the $800 range, where 13 units are currently listed.
Kokomo 46902 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,056 | - | 5 |
| August 2026 | $1,006 | -$50 | 5 |
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 46902
Rent Prices by Apartment in Kokomo 46902
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Ashbury Apartments | $845/mo | $949/mo | 7 | 3.4 |
| Bradford Run Apartments | $863/mo | $943/mo | 6 | 4.2 |
| Westbrook | $915/mo | $970/mo | 4 | 4.4 |
| Park Place Apartments | $1,025/mo | $1,031/mo | 4 | 4.4 |
| Walnut Creek Apartments | $1,036/mo | $1,139/mo | 2 | 4.4 |
Frequently Asked Questions About Rent in Kokomo 46902
What is the average rent in Kokomo 46902?
Is rent going up or down in Kokomo 46902?
What is the cheapest apartment in Kokomo 46902?
How much is a 1-bedroom apartment in Kokomo 46902?
How many apartments are available in Kokomo 46902?
What salary do I need to live comfortably in Kokomo 46902?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$39,000/year
Based on the 30 percent rule, using our tracked average rent of $982/mo.
Comfortable income
$47,000/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.
Cost of living in Kokomo 46902
We only have live rent data for Kokomo 46902 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $982 |
| Estimated total | $982/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 46902 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Kokomo 46902 Apartments
Browse all 5 communities with daily-updated pricing and availability.