Rent comparison · HUD FY2026

Kokomo, IN MSA vs Bloomington, IN HUD Metro FMR Area

How do Kokomo, IN MSA and Bloomington, IN HUD Metro FMR Area rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$890
Kokomo, IN MSA (1BR)
$1,072
Bloomington, IN HUD Metro FMR Area (1BR)
−17%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

Metro
Kokomo, IN MSA
$890/mo 1BR
Population: 83,452
Metro
Bloomington, IN HUD Metro FMR Area
$1,072/mo 1BR
Population: 161,426

A 1-bedroom in Kokomo, IN MSA is 17% cheaper than Bloomington, IN HUD Metro FMR Area at the HUD Fair Market Rent level ($890 vs $1,072). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.

How Do Rents Compare By Bedroom?

Bedrooms Kokomo, IN MSA Bloomington, IN HUD Metro FMR Area Difference
Studio $884 $966 −$82 (-8%)
1 Bedroom $890 $1,072 −$182 (-17%)
2 Bedroom $1,123 $1,210 −$87 (-7%)
3 Bedroom $1,388 $1,572 −$184 (-12%)
4 Bedroom $1,567 $1,906 −$339 (-18%)

vs US National Average

National average 1BR: $959. Kokomo, IN MSA is 7% below the US average. Bloomington, IN HUD Metro FMR Area is 12% above.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).