Kokomo

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Kokomo, IN

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A city filled with automotive history

Charming Historic Parks Close-Knit

Living in Kokomo, IN, offers a delightful mix of affordability and community spirit. Residents enjoy numerous green spaces such as Highland Park and Foster Park, ideal for picnics, hiking, and outdoor gatherings. The city’s well-maintained public parks also serve as venues for community events and seasonal festivals.

Kokomo boasts a variety of rental homes, including cozy apartments and charming single-family houses. Indiana University Kokomo adds an educational and cultural element to the area, offering public lectures, art exhibitions, and performances. The annual Haynes Apperson Festival brings history enthusiasts together to celebrate the city's automotive legacy. In addition to these events, budget-friendly activities such as touring the local museums or exploring the scenic trails along Wildcat Creek offer plenty of entertainment. Living in Kokomo promises a fulfilling experience with abundant opportunities for recreation and engagement!

Rent Trends

As of March 2025, the average apartment rent in Kokomo, IN is $691 for a studio, $815 for one bedroom, $1,026 for two bedrooms, and $1,229 for three bedrooms. Apartment rent in Kokomo has decreased by -4.5% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$815/month
645 Sq Ft
House
$1,679/month
537 Sq Ft
Condo
$674/month
640 Sq Ft
See Rental Market Trends in Kokomo, IN

Cost of Living

The cost of living in Kokomo, IN is 15.8% lower than the national average. Generally, housing in Kokomo is 37.3% less expensive than the national average, with rent falling between $691 - $1,229. You can expect to pay 1.0% less for groceries, 3.7% less for utilities, and 8.2% less for transportation.

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Transportation

38

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

42

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Wallace Elementary School

Public

Grades K-5

398 Students

7
out of 10

Northwestern Elementary School

Public

Grades K-6

677 Students

6
out of 10

Boulevard Elementary School

Public

Grades PK-5

378 Students

6
out of 10

Lafayette Park Elementary School

Public

Grades PK-5

434 Students

5
out of 10

Sycamore Elementary School

Public

Grades PK-5

401 Students

4
out of 10

Northwestern Middle School

Public

Grades 7-8

285 Students

6
out of 10

Central Middle School

Public

Grades 6-8

458 Students

5
out of 10

Maple Crest Middle School

Public

Grades 6-8

372 Students

4
out of 10

Bon Air Middle School

Public

Grades 6-8

194 Students

4
out of 10

Taylor Middle School

Public

Grades 5-8

413 Students

3
out of 10

Northwestern Sr High School

Public

Grades 9-12

580 Students

9
out of 10

Kokomo High School

Public

Grades 9-12

1,519 Students

3
out of 10

Taylor High School

Public

Grades 9-12

374 Students

3
out of 10

Points of Interest

Top Apartments in Kokomo

Houses for Rent in Kokomo

Property Management Companies in Kokomo, IN

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.