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Apartments Under $500 in Kokomo, IN

1 - 3 of 3 Results
25
$460
Brentwood Greene
1534 E Dodge St Kokomo, IN
2 BR | Mar. 31, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
9
$500
This Beauty Is Now For Rent!
1515 N Indiana Ave Kokomo, IN
3 BR | Ask for Availability
Contact
House
In Unit Laundry
Dishwasher
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 - 3 of 3 Results

All Apartments in Kokomo, IN

30 Results
17
$965 - 1,415
Amberwood Place
Deal
3.2
2864 Amberwood Pl Kokomo, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
22
$875 - 1,055
Westbrook
4.6
3334 S Dixon Ln Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
1
$1,049
Deer Creek Village
5.0
401 S. Deer Creek St Galveston, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
17
$775 - 980
Move In Today! Half Of Security Deposit!!
1930 S Goyer Rd Kokomo, IN
1 - 2 BR | Mar. 13, 2026
Contact
Dog Friendly
Cat Friendly
23
$1,005 - 1,300
Welcome To Jefferson Crossing Townhomes
800 N Dixon Rd Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$795
Indigo
532 W Mulberry St Kokomo, IN
1 BR | Mar. 10, 2026
Contact
Dog Friendly
Cat Friendly
9
$1,130 - 1,160
300 E 261 S
Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,495
3 Bedroom 1 Bath
1833 S Market St Kokomo, IN
3 BR | Mar. 30, 2026
Contact
Dog Friendly
House
Dishwasher
1
$795
Sycamore St
1302 W Sycamore St Kokomo, IN
1 BR | Mar. 13, 2026
Contact
Dog Friendly
Cat Friendly
1
$1,095
Close To The Park Cute 3-bedroom Home
1801 N Leeds St Kokomo, IN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
1
$795
604 N Main St
Kokomo, IN
1 BR | Available Now
Contact
$995
1104-1106 South Jay
Kokomo, IN
2 BR | Ask for Availability
Contact
Dog Friendly
51
$930 - 1,797
Walnut Creek Apartments
4600 Colter Drive Kokomo, IN
1 - 3 BR | Mar. 20, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
15
$829 - 1,035
400 - Ashbury Apartments
1901 S Goyer Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Pool
17
$3,200
1805 S Courtland Ave
Kokomo, IN
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
8
$625
435 S Washington St Unit 1
Kokomo, IN
1 BR | Available Now
Contact
12
$940
Move In Today!
1809 W Carter St Kokomo, IN
2 BR | Mar. 6, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
7
$760 - 910
Kingston Green Apartments
1220 E Alto Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
13
$959 - 1,249
410 - Winding Brook Apartments
3030 Matthew Dr Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Pool
Fireplace
15
$3,000
2684 Wynterpointe Ct
Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
House
Air Conditioning
Storage
Dishwasher
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
16
$3,000
5916 Senaca Trl
Kokomo, IN
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
1
$950
2 Bedroom Kokomo Rambler!
2324 N Elizabeth St Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
House
1
$1,250
1023
Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$950
New Remodel Cute Home With Yard
515 E Poplar St Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
House
1
$670 - 775
Pine Manor Apartments
1503 S Plate St Kokomo, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,600
423 N Webster St
Kokomo, IN
3 BR | Available Now
Contact
House
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
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
  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 are 3 apartments under $500 in Kokomo currently available for rent on Rentable.co.

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

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

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

Rentable.co has 12 two-bedroom apartments under $500 available for rent in Kokomo.

Can I afford a apartment under $500 in Kokomo, IN?

To comfortably afford a apartment under $500 in Kokomo based on average rent prices, a household would need an annual income of $19,000.

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

Welcome to the March 2026 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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 March 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 March 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 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 March M/M % Change
Kokomo, IN 3 +1.06%
Marion, IN 2 +1.0%
Arcadia, IN 0 +1.0%

Looking for Apartments Under $500 in Kokomo?

Available apartments under $500 5
Top amenities Air Conditioning, Dishwasher, In Unit Laundry, Garbage Disposal, Small Dogs Ok
Pet friendly 1
Furnished 1
2 Bedroom 1
3 Bedroom 1
4 Bedroom 1
Square footage 1,124 - 2,000
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