Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Kokomo are
very low
compared to the national average.
This FMR area is less expensive
than
100%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Kokomo is $662 per month.
The previous year, rent for a two-bedroom home was $620 per month.
This is a 6.77% increase year-over-year.
This FMR rate applies to Goldsmith, IN, Hobbs, IN, Hemlock, IN, Oakford, IN, West Middleton, IN, Windfall, IN, Sharpsville, IN, Greentown, IN, Tipton, 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 two counties or cities in which ares listed in the table below.
Estimated population of Kokomo, IN MSA FMR area is 101,541 people based on latest Census data.