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Apartments Under $500 in Kokomo, IN

1 - 1 of 1 Result
18
$450
PER
BED
Annex Of Kokomo
2205 South Washington St Kokomo, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
1 - 1 of 1 Results

All Apartments in Kokomo, IN

30 Results
19
$845 - 1,040
Westbrook
4.6
3334 S Dixon Ln Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$830 - 1,385
Amberwood Place
Deal
3.2
2864 Amberwood Pl Kokomo, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
1
$999 - 1,199
Deer Creek Village
5.0
401 S. Deer Creek St Galveston, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
17
$750 - 950
Move In Today! Half Of Security Deposit!!
1930 S Goyer Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
10
$775
Indigo
532 W Mulberry St Kokomo, IN
1 BR | Jan. 26, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
1
$695
521 S Washington St
Kokomo, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,095
3 Bedroom 1 Bath
801 E Gerhart St Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
1
$1,195
3 Bedroom 2 Bath
803 E Spraker St Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Fireplace
1
$1,195
3 Bedroom 1 Bath
1041 N Philips St Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
1
$720
Sycamore St
1302 W Sycamore St Kokomo, IN
1 BR | Dec. 14, 2025
Contact
Dog Friendly
Cat Friendly
1
$1,295
3 Bedroom 2 Bath Home
514 S Courtland Ave Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
23
$1,195 - 1,250
Welcome To Jefferson Crossing Townhomes
800 N Dixon Rd Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,025
1314 - 1316 West Walnut
Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
9
$985
300 E 261 S
Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
14
$929 - 1,035
400 - Ashbury Apartments
1901 S Goyer Rd Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Fitness Center
13
$829 - 1,249
410 - Winding Brook Apartments
3030 Matthew Dr Kokomo, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
25
$1,065
Brentwood Greene
1534 E Dodge St Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
12
$810 - 910
Move In Today!
1809 W Carter St Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
50
$930 - 1,601
Walnut Creek Apartments
Deal
4600 Colter Drive Kokomo, IN
1 - 2 BR | Dec. 14, 2025
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
23
$1,045 - 1,678
Summerset Apartments (Phase II)
1.6
393 W 300 N Kokomo, IN
1 - 3 BR | Available Now
Luxury
Air Conditioning
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
1
$750
Pine Manor Apartments
1503 S Plate St Kokomo, IN
1 BR | Jan. 4, 2026
Contact
Dog Friendly
Cat Friendly
Storage
10
$840
Imperial Apartments
516 W Mulberry St Kokomo, IN
2 BR | Jan. 16, 2026
Contact
Dog Friendly
Cat Friendly
17
$3,200
1805 S Courtland Ave
Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
7
$760 - 910
Kingston Green Apartments
1220 E Alto Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
15
$3,200
2684 Wynterpointe Ct
Kokomo, IN
3 BR | Dec. 17, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
13
$3,000
5916 Senaca Trl
Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
7
$905
1207 N Philips
1207 N Philips St Kokomo, IN
3 BR | Ask for Availability
House
18
$1,000
This Beauty Is Now For Rent!
915 E Morgan St Kokomo, IN
3 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
1
$1,425
Updates....updates.....updates!!!! 3 Bed 2 Bath Home With Detached Garage!
5114 Kickapoo Dr Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$800 - 875
701 W Walnut
701 W Walnut St Kokomo, IN
1 BR | Dec. 10, 2025
Contact
Dog Friendly
Cat Friendly
  1. Home
  2. Kokomo
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Kokomo, IN on Rentable.co?

There is 1 apartment under $500 in Kokomo currently available for rent on Rentable.co.

How many two-bedroom apartments under $500 are available in Kokomo?

Rentable.co has 2 two-bedroom apartments under $500 available for rent in Kokomo.

Apartments Under $500 in Kokomo, IN: December Rental Information

Welcome to the December 2025 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Kokomo rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Kokomo and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Kokomo.

The December 2025 report aims to provide renters with valuable information on the current rental market in Kokomo, helping them make informed decisions while searching for apartments in this price range. Whether you're a student, young professional, or someone on a tight budget, this report will give you a comprehensive overview of the rental options available to you in Kokomo.
0 5 10 15 20 <$600 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980

Available Apartments Under $500: Kokomo vs. Surrounding Areas

The chart above provides an overview of the number of available apartments under $500 in Kokomo, IN, and its surrounding cities. As of December 2025, the total inventory in the Kokomo metro area shows a range of options for renters looking for affordable apartments. Along with Kokomo, this includes nearby cities such as Peru, Elwood, Wabash, Marion, Sheridan, Converse, Bunker Hill, Oakford, Arcadia, and Somerset. These cities collectively offer a total inventory of 5 apartments under $500, allowing renters to find a budget-friendly housing option easily.

Apartments Under $500 Now vs. Last Month: Kokomo and Surrounding Areas

City Apartments Under $500 in December M/M % Change
Kokomo, IN 2 +0.92%
Marion, IN 1 +1.11%
Wabash, IN 0 +1.33%
Bunker Hill, IN 0 +1.0%

Looking for Apartments Under $500 in Kokomo?

Available apartments under $500 18
Top amenities Fitness Center, On Site Laundry, Clubhouse, Business Center, Dog Park
Pet friendly 13
Furnished 1
1 Bedroom 4
2 Bedroom 9
4 Bedroom 1
Square footage 700 - 1,834
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