Median rent
for residential apartments
in Kokomo, IN
as of Apr, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
Filters
|
34 Kokomo, IN, USA apartments for rent
Map view
Filters
Quiet, Spacious & Convenient Ranch Home just Southeast of Downtown Kokomo
Kokomo, IN
3
Bed
3
Bath
2,068
Sq Ft
Vanderhut Chalet - Modern Updates & Rustic Touches At This Lovely Property. Walk To Local Park! 3 Bedroom Home
204 Pine Ln
Studio
Kokomo
Kokomo, IN has a population of 57,941, while the median age is 40. The household income in Kokomo, IN is around $41,366. The homeownership rate among the residents is 61%. The median residential property value in Kokomo, IN that you should keep in mind is $85,200.
| Population | 57,941 |
| Median Age | 39.9 |
| Poverty Rate | 20% |
| Household Income | $41,366 |
| Number Of Employees | 25,213 |
| Median Property Value | $85,200 |
Housing Trends
Rent vs Own
Average apartment rent in Kokomo:
$3,446 (+280.9%)
Rent Price |
Apr | vs Last Month |
|---|---|---|
| Studio apartments | $5,530 | +212.4% |
| 1-bed apartments | $2,102 | +368.2% |
| 2-bed apartments | $2,646 | +434.6% |
| 3-bed apartments | $4,365 | N/A |
| 4+ bed apartments | $5,056 | N/A |
Over the April 2023, the average rent for an apartment in/near Kokomo, IN increased by 280.9% to $3,446.
Compared to the last month, the average price for a rental studio in Kokomo, IN has increased by 212.4%. You can expect to rent the studio for $5,530 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 368.2% to $2,102. Pricing for 2-bed apartment also increased by 434.6% and a place of this size will now cost you $2,646. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $4,365. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $5,056 for a big-family home.
Rent Type Price |
Apr | vs Last Month |
|---|---|---|
| Condos for rent | $2,190 | +23.7% |
| Houses for rent | $3,829 | +711.3% |
| Apartments for rent | $2,890 | N/A |
Looking at the median rent price for an apartment in Kokomo, IN, you can note that it remains flat with a price tag of $2,890. Statistics show that house rent price increased by 711.3% this month making it up to $3,829. Condos faced an upward trend these days. The median rent for a condo increased by 23.7%, it’s now available for $2,190.
`