Rental numbers for the Kokomo, IN metro
The typical home here runs -$503 a month at 7.78% with 25% down, breaking even at about 2.1%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.1%.
- Gross yield
- 6.7%
- typical home, Zillow
- Median ZIP yield
- 7.1%
- 2 ZIPs with full data
- Cash flow
- -$503/mo
- at 7.78%, 25% down
- Typical price
- $195,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,085/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
4 with published figures
Trends
Five years to August 2026
- Price, 12 months
- +4.7%
- Rent, 12 months
- +6.0%
- Rent minus price growth
- +1.2 pts
- Property tax
- 0.69%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $140,885 | $721 |
| Aug 2022 | $157,362 | $820 |
| Aug 2023 | $161,997 | $896 |
| Aug 2024 | $172,459 | $1,012 |
| Aug 2025 | $186,182 | $1,024 |
| Aug 2026 | $195,008 | $1,085 |
Counties
- Howard County, IN7.1% median yield
Tools
Questions
- Is the Kokomo, IN metro good for rental property?
- The typical home here runs -$503 a month at 7.78% with 25% down, breaking even at about 2.1%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Kokomo, IN metro have the highest rental yield?
- 46901 (Kokomo) at 7.2%, 46902 (Kokomo) at 6.9%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.