$1,400
Total Monthly Price
- 2 Beds
- 1 Bath
- 980 Sq Ft
- House for Rent
2205 N Bell St, Kokomo, IN 46901
Newly renovated inside. Looking for long term tenant. Tenant will pay for all utilities. Pets welcome with deposit. Coming soon Aug 20th, 2026
Frequently Asked Questions
How much does it cost to rent a home in Kokomo, IN?
The median rent for a home in Kokomo, IN is $1,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Kokomo, IN?
To comfortably afford the median rent in Kokomo, IN, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Kokomo, IN, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Kokomo, IN?
In Kokomo, IN, the price-to-rent ratio is 11.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Kokomo, IN are best for renting a home?
The best neighborhood for renting in Kokomo, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Old Silk Stocking and Bon Air, each with its own character and price range.
