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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
17
$1,079 - 1,515
Amberwood Place
3.2
2864 Amberwood Pl Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
35
$920
Westbrook
4.6
3334 S Dixon Ln Kokomo, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
19
$1,150
300 E 261 S
Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
9
$1,050
Welcome To Jefferson Crossing Townhomes
800 N Dixon Rd Kokomo, IN
2 BR | Sep. 30, 2026
Contact
Dog Friendly
Cat Friendly
1
$929
Cooper Street Duplex
1246 S Cooper St Kokomo, IN
2 BR | Oct. 1, 2026
Contact
12
$835 - 1,215
Move In Today!
1809 W Carter St Kokomo, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
17
$800 - 900
Move In Today! Half Of Security Deposit!!
1930 S Goyer Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
9
$845 - 1,059
400 - Ashbury Apartments
1901 S Goyer Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Fitness Center
91
$1,179 - 1,895
The Elwood
Deal
1400 E Hoffer St Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
23
$1,029 - 1,680
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
50
$1,060 - 1,852
Walnut Creek Apartments
4600 Colter Drive Kokomo, IN
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
7
$775
Pine Manor Apartments
1503 S Plate St Kokomo, IN
1 BR | Sep. 30, 2026
Contact
Dog Friendly
Cat Friendly
Storage
12
$845 - 1,049
410 - Winding Brook Apartments
3030 Matthew Dr Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
10
$850
Imperial Apartments
516 W Mulberry St Kokomo, IN
2 BR | Sep. 28, 2026
Contact
Dog Friendly
Cat Friendly
6
$820
1236 S Jay St
Kokomo, IN
1 BR | Oct. 1, 2026
Contact
Dog Friendly
House
10
$1,105
1135 S Cooper
1135 S Cooper St Kokomo, IN
3 BR | Ask for Availability
House
6
$800
1225 S Union St
Kokomo, IN
3 BR | Ask for Availability
Contact
31
$3,250
5916 Senaca Trl
Kokomo, IN
3 BR | Oct. 1, 2026
Contact
Cat Friendly
House
Air Conditioning
Storage
Dishwasher
4
$1,095
1320 W Tate St
Kokomo, IN
3 BR | Ask for Availability
Contact
House
7
$800 - 910
Kingston Green Apartments
1220 E Alto Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
1
$825 - 875
717 01-04 South Market Street
Kokomo, IN
1 - 2 BR | Oct. 1, 2026
Contact
1
$1,195
Charming 3 Bedroom, 1 Bathroom Home In Kokomo, In - Special $250 Off First Month Rent
5807 Arrowhead Blvd Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
House
1
$1,395
Newly Remodeled 3 Bedroom Ranch With 2 Full Baths
901 Tribal St Kokomo, IN
3 BR | Oct. 1, 2026
Contact
Dog Friendly
House
1
$1,545
4 Bedroom Home In Kokomo
640 S Bell St Kokomo, IN
4 BR | Dec. 1, 2026
Contact
Dog Friendly
House
1
$829
1910 N Apperson Way
Kokomo, IN
2 BR | Available Now
Contact
1
$995
1437 S Webster St
Kokomo, IN
2 BR | Available Now
Contact
Balcony/Deck/Patio
1
$1,595
4 Bedroom Home In Kokomo
1011 S Armstrong St Kokomo, IN
4 BR | Oct. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Fireplace
1
$795
604 N Main St
Kokomo, IN
1 BR | Available Now
Contact
1
$1,195
1101 N Indiana Ave
Kokomo, IN
2 BR | Oct. 17, 2026
Contact
Balcony/Deck/Patio
1
$1,150
829-1/2 West State Street
Kokomo, IN
3 BR | Nov. 14, 2026
Contact
  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: September Rental Information

Welcome to the September 2026 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2026 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 September 2026 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 12 25 37 50 <$800 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380 $1,420 $1,460 >$1,500

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 September 2026, 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 4 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 September M/M % Change
Marion, IN 3 +0.58%
Kokomo, IN 2 +1.0%
Sheridan, IN 1 +1.0%
Elwood, IN 0 +1.0%

Looking for Apartments Under $500 in Kokomo?

Available apartments under $500 4
Top amenities Air Conditioning, Dishwasher, Barbecue, Business Center, Volleyball Court
Pet friendly 1
Furnished 1
2 Bedroom 1
4 Bedroom 1
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