Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Kokomo are
low
compared to the national average.
This FMR area is less expensive
than
55%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Kokomo is $738 per month.
The previous year, rent for a two-bedroom home was $732 per month.
This is a 0.82% increase year-over-year.
This FMR rate applies to Hemlock, IN, Oakford, IN, West Middleton, IN, Windfall, IN, Sharpsville, IN, Greentown, IN, Kokomo, IN and other cities within the region.
The Metro Code or CBSA code for this region is METRO29020M29020.
Additionally, This Fair Market Rent (FMR) area Kokomo, IN MSA spans one county or city in Indiana which is listed in the table below.
Estimated population of Kokomo, IN MSA FMR area is 82,455 people based on latest Census data.
Compared to the rest of Indiana, the Kokomo FMR area is
more expensive than
51% of the state.