ZIP Code · IN

ZIP 46901

Part of Kokomo, IN

Pop. 38,082·Howard County·125th most expensive ZIP in Indiana

Median rent (all units)

$1,013/mo

Year-over-Year

+6.7%

Month-over-Month

+1.2%

vs US Median

-$919

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 46901 · $1,013

More affordable than 98% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$820

1 BR

$830

2 BR

$1,050

3 BR

$1,290

4 BR+

$1,460

Research median

$1,050/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 46901 is at its highest level since Zillow's records here began in March 2022.

Past year vs. the rest of Indiana

Rent in ZIP 46901 changed +6.7% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($60,495) is $1,512 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,460).

From Zillow's monthly rent index (ZORI) for ZIP 46901. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,156/yr

At $1,013/mo median

Location

CityKokomo

StateIN

CountyHoward County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.7% YoY, +1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 46901 (Kokomo, IN) is majority owner-occupied, has a median income below the national average, 17.4% of residents hold a bachelor's degree or higher.

Population

38,082

Median income

$60,495

Median age

40.5

Renters

30%

Age distribution

23.3%

20.9%

23.4%

13.9%

18.6%

Under 1823.3%

18–3420.9%

35–5423.4%

55–6413.9%

65+18.6%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

84.2%

White84.2%

Black8.1%

Hispanic4.6%

Other2.8%

Education (25+)

40.4%

31.7%

17.4%

No HS diploma10.5%

HS diploma40.4%

Some college31.7%

Bachelor's+17.4%

Housing tenure

70%

30%

Owner70%

Renter30%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 46901 in Kokomo, IN has changed in 5 years

Rent

$722 → $1,013

up 40.3%

Income

$55,466 → $60,495

up 9.1%

Population

39,015 → 38,082

down 2.4%

Renter share

27.1% → 30%

+2.9 pts

Bachelor's+

17.6% → 17.4%

-0.2 pts

Across the past five years, the going rent in ZIP 46901 in Kokomo, IN has shifted from $722 to $1,013, up 40.3% since 2022. Census figures show median household income at $60,495 today, compared with $55,466 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 46901 in Kokomo, IN losing about 933 residents over the five-year window, down 2.4% on net. The renter share has risen from 27.1% to 30%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 46901

Last updated: October 17, 2026

ZIP code 46901 covers Kokomo, IN. The median rent here is $1,013/mo as of October 2026. A 1-bedroom rents for a median of $830/mo. A 2-bedroom rents for a median of $1,050/mo.

At 20% of local median household income ($60,495/yr), ZIP 46901 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46901?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (about $20/hour full-time) to afford the median rent of $1,013/mo in ZIP 46901. The local median household income is $60,495/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46901?

Rent in ZIP 46901 has risen 6.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2022.

How does ZIP 46901 compare to other ZIPs in Indiana?

ZIP 46901 is one of the more affordable among Indiana ZIP codes for rent, ranking #125 of 139 at $1,013/mo. Over the year to September 2026, rent in ZIP 46901 changed +6.7%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.