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Example household · $83,730 · same pay · 1 adult

Kokomo

Housing in Kokomo, IN: Rent, Home Prices & Property Tax

$2,601 left/mo

$766/mo (1 bd) in Kokomo. Median home $151,500. Property tax 0.73%.

Pick a home cityHow we figure this
Rent (1-bedroom)
$766
/mo
Buy
$1,057
Mortgage, tax, insurance
Buying costs more
$291
/mo

To buy

  • 20% down payment$30,300
  • Mortgage at 7.24%$826
  • Property tax (0.73% of value)$92/mo · $1,106/yr
  • Insurance and upkeep$139
  • Monthly total$1,057

Months to 20% down

$2,601 left each month. About 12 months (1.0 years) to save $30,300.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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