Average Rent in Kokomo, IN (2026)
The average 1-bedroom rent in Kokomo, IN is $886/month as of 2026, based on HUD data across 7 ZIP codes. Rents have changed +2.1% year over year. Rents range from $830 to $900.
Average Rent · 1-Bedroom
$886/mo
Source: HUD Fair Market Rent · 7 zip codes
Year-over-Year
↑ +2.1%
Source: Zillow ZORI, HUD Fair Market Rent
Data through
The average 1-bedroom rent in Kokomo, IN is $886/month according to HUD FY2026 Fair Market Rent data, covering 7 ZIP codes. Rents have increased 2.1% year-over-year. The average 1-bedroom rent in Kokomo is 26% below the national average of $1,196/month.
Average rent in Kokomo, IN ranges from $830 to $900 across 7 ZIP codes.
Based on local market data, a fair rent increase in Kokomo, IN is approximately 2.1% for 2026. An increase above 2.1% exceeds the local market trend and may be worth negotiating.
Key Facts
Sources: Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.
How much is rent in Kokomo, IN?
The average 1-bedroom rent in Kokomo, IN is $886/month as of 2026, based on HUD data across 7 ZIP codes. Rents across Kokomo are relatively uniform, clustering around $886/month. To afford this at the 30% rule, a household would need approximately $35,440/year.
Is rent going up in Kokomo?
Rents in Kokomo have increased 2.1% year over year based on local market data. This suggests a relatively stable rental market.
What is a fair rent increase in Kokomo?
Based on local market data, a rent increase around 2.1% is in line with the Kokomo market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.
Rent Trends in Kokomo
+2.1%
Rents in Kokomo are rising at +2.1% year-over-year.
ℹ Limited data
Market sources range from -0.5% to +9.8%
Sources: Zillow ZORI, HUD Fair Market Rent
What Should Rent Cost in Kokomo?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in Kokomo typically rents for $880 – $950.
Rents above $1,093 are in the top 25% for this area.
A 1-bedroom in Kokomo typically rents for $886 – $957.
Rents above $1,101 are in the top 25% for this area.
A 2-bedroom in Kokomo typically rents for $1,119 – $1,209.
Rents above $1,390 are in the top 25% for this area.
A 3-bedroom in Kokomo typically rents for $1,380 – $1,490.
Rents above $1,713 are in the top 25% for this area.
A 4-bedroom in Kokomo typically rents for $1,559 – $1,684.
Rents above $1,937 are in the top 25% for this area.
Federal Rent Benchmarks for Kokomo
HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.
Studio
$880
HUD Fair Market Rent
1-Bedroom
$886
HUD Fair Market Rent
2-Bedroom
$1,119
HUD Fair Market Rent
3-Bedroom
$1,380
HUD Fair Market Rent
4-Bedroom
$1,559
HUD Fair Market Rent
Source: HUD SAFMR FY2026 · Updated
Zip Codes in Kokomo
Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.
SAFMR rates are zip-specific. YoY from Apartment List or Zillow ZORI where available.
How Does Kokomo Compare?
Questions about rent in Kokomo
What is the average 1-bedroom rent in Kokomo, IN?
The average 1-bedroom fair market rent in Kokomo, IN is $886/month as of 2026, based on HUD rent data across 7 ZIP codes in the city. This is 26% below the national average of $1,196/month. Rents range from $830 to $900 depending on ZIP code.
What is a fair rent increase in Kokomo?
A rent increase up to about 2.1% is broadly in line with the recent market trend in Kokomo. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $886/month.
Are rents going up or down in Kokomo?
Rents in Kokomo have increased 2.1% year over year based on local market data. This reflects local market conditions across 7 ZIP codes in the Miami County, IN area.
How much do rents vary across Kokomo?
1-bedroom rents across Kokomo range from $830 to $900 on this page, a $70/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.
Can my landlord raise my rent in Kokomo?
We could not identify a city-specific rent cap for Kokomo. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.
How much should I spend on rent in Kokomo?
The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Kokomo at $886/month, a household would need approximately $35,440/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.
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Renter Tools
Browse Kokomo ZIP Codes
See rent data by ZIP code in this city.
Renter Guides
- How to Negotiate a Rent Increase →
A data-driven guide with free email templates for pushing back on your landlord.
- Rent Increase Laws in Indiana →
See notice rules, caps, and tenant protections in Indiana.
- What Should I Pay for Rent? →
How to compare rent prices and know if you're getting a fair deal.
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →