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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

29 Results
17
$1,019 - 1,164
Amberwood Place
3.2
2864 Amberwood Pl Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
22
$860 - 1,085
Westbrook
4.6
3334 S Dixon Ln Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1
$1,149 - 1,199
Deer Creek Village
5.0
401 S. Deer Creek St Galveston, IN
2 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
1
$1,095
3 Bedroom 1 Bath
5605 Wampum Dr Kokomo, IN
3 BR | May. 27, 2026
Contact
Dog Friendly
House
Storage
1
$595
833 01-02 & 1/2 Triplex South Washington Street
Kokomo, IN
1 BR | May. 24, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
8
$949
Washington Street Duplex
1112-1114 Washington St Kokomo, IN
2 BR | Jul. 14, 2026
Contact
23
$1,150 - 1,195
Welcome To Jefferson Crossing Townhomes
800 N Dixon Rd Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,095
1332 S Elizabeth St
Kokomo, IN
2 BR | May. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$1,095
1326 S Elizabeth St
Kokomo, IN
2 BR | May. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
$895
601-01 N Main St
Kokomo, IN
1 BR | Ask for Availability
Contact
$995
1104-1106 South Jay Street
1104-1106 South Jay Kokomo, IN
2 BR | Ask for Availability
Contact
Dog Friendly
17
$775 - 980
Move In Today! Half Of Security Deposit!!
1930 S Goyer Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
15
$845 - 1,049
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
25
$850
Brentwood Greene
1534 E Dodge St Kokomo, IN
2 BR | Available Now
Contact
Air Conditioning
Fitness Center
Storage
Dishwasher
50
$965 - 1,818
Walnut Creek Apartments
Deal
4600 Colter Drive Kokomo, IN
1 - 3 BR | May. 14, 2026
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
12
$940
Move In Today!
1809 W Carter St Kokomo, IN
2 BR | Jun. 5, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
13
$959 - 1,249
410 - Winding Brook Apartments
3030 Matthew Dr Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
7
$800 - 960
Kingston Green Apartments
1220 E Alto Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
17
$900
805 E Taylor St Unit Basement
Kokomo, IN
1 BR | Available Now
Contact
Air Conditioning
Storage
13
$3,200
2684 Wynterpointe Ct
Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$745 - 795
Sycamore St
1302 W Sycamore St Kokomo, IN
1 BR | Available Now
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
1
$900
609 E Mulberry St
Kokomo, IN
1 BR | Available Now
Contact
23
$1,015 - 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
3
$690 - 810
Riley Modern Estates
2700 N Washington St Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
10
$550
*self Show Availability* 1724 S Washington St. #2
1724 S Washington St Kokomo, IN
1 BR | Ask for Availability
Contact
5
$730
717 E Mulberry #1
717 E Mulberry St Kokomo, IN
2 BR | Ask for Availability
Contact
6
$530
1623 1/2 S Webster
1623 S Webster St Kokomo, IN
1 BR | Ask for Availability
Contact
10
$90
Downtown Condo!
105 E Sycamore St Kokomo, IN
2 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
  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: April Rental Information

Welcome to the April 2026 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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 April 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 2 5 7 10 <$500 $520 $560 $600 $640 $680 $720 $760 $800 $840 $880 $920 $960 >$1,000

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 April 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 April M/M % Change
Kokomo, IN 3 +0.94%
Marion, IN 1 +1.11%

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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