3-Bedroom Apartment Rent in Kokomo, IN
Median asking rent for a 3-bedroom apartment in Kokomo, Indiana as of August 2026. That's +22% higher than the citywide median of $1,019 and +42% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Indiana
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Crawfordsville | $1,075 |
| 2 | New Castle | $1,130 |
| 3 | East Chicago | $1,150 |
| 4 | La Porte | $1,152 |
| 5 | Richmond | $1,160 |
| 6 | Marion | $1,210 |
| 7 | Angola | $1,220 |
| 8 | Terre Haute | $1,233 |
| 9 | Kokomo (this page) | $1,245 |
| 10 | Muncie | $1,283 |
| 11 | Michigan City | $1,290 |
| 12 | Warsaw | $1,300 |
| 13 | Evansville | $1,322 |
| 14 | Mishawaka | $1,340 |
| 15 | Lafayette | $1,365 |
Most expensive cities for a 3-bedroom in Indiana
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,430 |
| 2 | Whitestown | $2,330 |
| 3 | Carmel | $2,320 |
| 4 | McCordsville | $2,110 |
| 5 | Lawrence | $2,110 |
| 6 | Avon | $2,080 |
| 7 | Westfield | $2,060 |
| 8 | Fishers | $2,050 |
| 9 | Brownsburg | $1,960 |
| 10 | Granger | $1,910 |
| 11 | Sellersburg | $1,880 |
| 12 | Noblesville | $1,840 |
| 13 | Plainfield | $1,800 |
| 14 | Munster | $1,790 |
| 15 | Greenwood | $1,775 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 3-bedroom rents than Kokomo.
| City | Distance | 3-Bedroom rent | vs Kokomo |
|---|---|---|---|
| Sheridan, IN | 24.8 mi | $1,590 | +$345 (+28%) |
| Frankfort, IN | 28.2 mi | $1,590 | +$345 (+28%) |
| Noblesville, IN | 30.8 mi | $1,840 | +$595 (+48%) |
| Westfield, IN | 31.1 mi | $2,060 | +$815 (+65%) |
| Whitestown, IN | 34.8 mi | $2,330 | +$1,085 (+87%) |
| Marion, IN | 35.6 mi | $1,210 | $-35 (-3%) |
| Carmel, IN | 36.3 mi | $2,320 | +$1,075 (+86%) |
| Fishers, IN | 39.2 mi | $2,050 | +$805 (+65%) |
| Anderson, IN | 40.3 mi | $1,433 | +$188 (+15%) |
| Lawrence, IN | 42.6 mi | $2,110 | +$865 (+69%) |
| Pendleton, IN | 44 mi | $1,610 | +$365 (+29%) |
| McCordsville, IN | 44.1 mi | $2,110 | +$865 (+69%) |
3-Bedroom rent in Kokomo — common questions
How much is a 3-bedroom apartment in Kokomo?
As of August 2026, the median 3-bedroom apartment rent in Kokomo, Indiana is $1,245 per month. This is +22% higher than the citywide median of $1,019.
What income do you need to afford a 3-bedroom in Kokomo?
Using the standard 30% rent-to-income rule, you would need an annual income of about $49,800 ($4,150/month gross), which works out to roughly $23.94/hour at a full-time job.
Is Kokomo expensive for a 3-bedroom compared to the rest of the US?
Kokomo's 3-bedroom median of $1,245 is +42% below the national 3-bedroom median of $2,130. It ranks in the 4th percentile of US cities tracked.
How does Kokomo rank for 3-bedroom rent in Indiana?
Among the 62 cities in Indiana with 3-bedroom data, Kokomo ranks #9 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Kokomo?
Yes — nearby cities with cheaper 3-bedroom rents include Marion ($1,210).