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ZIP Code · IN

ZIP 46902

Part of Kokomo, IN
Pop. 37,017·Howard County·122nd most expensive ZIP in Indiana
Median rent (all units)
$1,036/mo
Year-over-Year
+0.3%
Month-over-Month
+4.3%
vs US Median
-$929
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 46902 · $1,036
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$900
2 BR
$1,140
3 BR
$1,410
4 BR+
$1,590
Research median
$1,140/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: July 20, 2026

Annual cost
$12,432/yr
At $1,036/mo median
Location
CityKokomo
StateIN
CountyHoward County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.3% YoY, +4.3% MoM), not inventory.
Demographics

Who lives here

ZIP 46902 (Kokomo, IN) is majority owner-occupied, has a large retiree population, has a median income below the national average, 21.4% of residents hold a bachelor's degree or higher.

Population
37,017
Median income
$62,126
Median age
40.1
Renters
33%
Age distribution
23.5%
20.1%
23.3%
12.7%
20.4%
Under 1823.5%
18–3420.1%
35–5423.3%
55–6412.7%
65+20.4%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
83.2%
White83.2%
Black8%
Hispanic3.3%
Asian2.9%
Other2.6%
Education (25+)
37.4%
33.8%
21.4%
No HS diploma7.3%
HS diploma37.4%
Some college33.8%
Bachelor's+21.4%
Housing tenure
67%
33%
Owner67%
Renter33%

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

2021 vs 2026

How ZIP 46902 in Kokomo, IN has changed in 5 years

Income
$56,731 → $62,126
up 9.5%
Population
36,233 → 37,017
up 2.2%
Renter share
32.3% → 33%
+0.7 pts
Bachelor's+
21.4% → 21.4%
+0.0 pts

Household income in the area moved from $56,731 to $62,126 across the same window, up 9.5% versus 2021. The population has grown by 2.2% since 2021, moving from about 36,233 residents to roughly 37,017.

Community

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Local insights

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About renting in ZIP 46902

Last updated: July 20, 2026

ZIP code 46902 covers Kokomo, IN. The median rent here is $1,036/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,140/mo.

At 20% of local median household income ($62,126/yr), ZIP 46902 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46902?

As of July 20, 2026, the median monthly rent in ZIP 46902 (Kokomo, IN) is $1,036. This is based on aggregated data from public sources and community submissions.

How does ZIP 46902 rent compare to the US average?

ZIP 46902's median rent of $1,036/mo is $929 (47%) below the US national median of $1,965/mo.

How does ZIP 46902 compare to other ZIPs in Indiana?

ZIP 46902 is among the more affordable ZIP codes in Indiana, ranking #122 out of 144 ZIPs at $1,036/mo.

How much income do you need to rent in ZIP 46902?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,036/mo in ZIP 46902. The local median household income is $62,126/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46902?

Rent in ZIP 46902 has been relatively stable over the past year, with a 0.3% change year over year as of July 20, 2026.

Is ZIP 46902 an affordable place to rent?

ZIP 46902 is considered very affordable for renters. At $1,036/mo, rent takes approximately 20% of the local median household income ($62,126/yr). The standard benchmark is 30%. ZIP 46902 falls comfortably within that range.

What percentage of ZIP 46902 residents rent vs. own?

According to Census data, approximately 33% of ZIP 46902 households are renters, while 67% are owner-occupied. ZIP 46902 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46902 compare to the rest of Kokomo?

ZIP 46902 is pricier than Kokomo as a whole. At $1,036/mo, it's $27 above the Kokomo citywide median of $1,009/mo.

When was rent data for ZIP 46902 last updated?

Rent data for ZIP 46902 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,036/mo, rent takes ~20% of ZIP 46902's median household income ($62,126/yr). The standard benchmark is 30%.

ZIP 46902 20%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46902 (Kokomo, IN)

Recent submissions

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