2-Bedroom Apartment Rent in Kokomo, IN
Median asking rent for a 2-bedroom apartment in Kokomo, Indiana as of July 2026. That's +2% lower than the citywide median of $1,009 and +40% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Kokomo
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Kokomo
Compare Kokomo's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Indiana
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Frankfort | $709 |
| 2 | Crawfordsville | $884 |
| 3 | East Chicago | $930 |
| 4 | Logansport | $930 |
| 5 | Marion | $930 |
| 6 | New Castle | $930 |
| 7 | Richmond | $940 |
| 8 | Angola | $970 |
| 9 | Delphi | $970 |
| 10 | La Porte | $978 |
| 11 | Muncie | $978 |
| 12 | Kokomo (this page) | $990 |
| 13 | Michigan City | $1,020 |
| 14 | Terre Haute | $1,023 |
| 15 | Elkhart | $1,055 |
Most expensive cities for a 2-bedroom in Indiana
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,870 |
| 2 | Whitestown | $1,790 |
| 3 | Carmel | $1,783 |
| 4 | McCordsville | $1,620 |
| 5 | Lawrence | $1,620 |
| 6 | Avon | $1,600 |
| 7 | Westfield | $1,580 |
| 8 | Fishers | $1,577 |
| 9 | Granger | $1,540 |
| 10 | Brownsburg | $1,510 |
| 11 | Sellersburg | $1,460 |
| 12 | Munster | $1,450 |
| 13 | Merrillville | $1,440 |
| 14 | Noblesville | $1,415 |
| 15 | Lowell | $1,390 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Kokomo.
| City | Distance | 2-Bedroom rent | vs Kokomo |
|---|---|---|---|
| Logansport, IN | 25.4 mi | $930 | $-60 (-6%) |
| Frankfort, IN | 28.2 mi | $709 | $-281 (-28%) |
| Noblesville, IN | 30.8 mi | $1,415 | +$425 (+43%) |
| Westfield, IN | 31.1 mi | $1,580 | +$590 (+60%) |
| Whitestown, IN | 34.8 mi | $1,790 | +$800 (+81%) |
| Marion, IN | 35.6 mi | $930 | $-60 (-6%) |
| Delphi, IN | 36 mi | $970 | $-20 (-2%) |
| Carmel, IN | 36.3 mi | $1,783 | +$793 (+80%) |
| Fishers, IN | 39.2 mi | $1,577 | +$587 (+59%) |
| Anderson, IN | 40.3 mi | $1,100 | +$110 (+11%) |
| Lawrence, IN | 42.6 mi | $1,620 | +$630 (+64%) |
| Pendleton, IN | 44 mi | $1,230 | +$240 (+24%) |
2-Bedroom rent in Kokomo — common questions
How much is a 2-bedroom apartment in Kokomo?
As of July 2026, the median 2-bedroom apartment rent in Kokomo, Indiana is $990 per month. This is +2% below the citywide median of $1,009.
What income do you need to afford a 2-bedroom in Kokomo?
Using the standard 30% rent-to-income rule, you would need an annual income of about $39,600 ($3,300/month gross), which works out to roughly $19.04/hour at a full-time job.
Is Kokomo expensive for a 2-bedroom compared to the rest of the US?
Kokomo's 2-bedroom median of $990 is +40% below the national 2-bedroom median of $1,655. It ranks in the 5th percentile of US cities tracked.
How does Kokomo rank for 2-bedroom rent in Indiana?
Among the 65 cities in Indiana with 2-bedroom data, Kokomo ranks #12 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Kokomo?
Yes — nearby cities with cheaper 2-bedroom rents include Logansport ($930), Frankfort ($709), Marion ($930).