Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Kokomo area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

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
$1,064 - 1,239
Amberwood Place
3.2
2864 Amberwood Pl Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
22
$900 - 1,090
Westbrook
4.6
3334 S Dixon Ln Kokomo, IN
1 - 2 BR | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
9
$1,160
300 E 261 S
Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
1
$995
1437 01-1/2 South Webster Street
Kokomo, IN
2 BR | Aug. 21, 2026
Contact
Dog Friendly
Balcony/Deck/Patio
Storage
1
$1,095
2 Bedroom 1 Bath
1311 S Courtland Ave Kokomo, IN
2 BR | Aug. 30, 2026
Contact
Dog Friendly
House
Surface Parking
Dishwasher
1
$690
Sycamore St
1302 W Sycamore St Kokomo, IN
1 BR | Oct. 3, 2026
Contact
Dog Friendly
Cat Friendly
1
$1,495
Completely Updated 3 Bedroom 1.5 Bath Home
1032 N Korby St Kokomo, IN
3 BR | Aug. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
Disability Access
Dishwasher
1
$895
Duplex/ 2 -2 Bedroom 1 Bath With Detached Garage
821 A-b West State St Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Storage
Disability Access
1
$1,095
3 Bedroom 1 Bath
801 E Gerhart St Kokomo, IN
3 BR | Aug. 21, 2026
Contact
Dog Friendly
Cat Friendly
House
Storage
9
$1,050 - 1,200
Welcome To Jefferson Crossing Townhomes
800 N Dixon Rd Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,395
4 Bedroom 1 Bath
937 E North St Kokokmo, IN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
0
$850
1 Bedroom 1 Bedroom
604-02 N Main St Kokomo, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,995
5 Bedroom 3 Bath Home
1029 S Buckeye St Kokomo, IN
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Fireplace
50
$1,036 - 1,570
Walnut Creek Apartments
4600 Colter Drive Kokomo, IN
1 - 2 BR | Aug. 26, 2026
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
56
$1,215 - 2,099
The Elwood
1400 E Hoffer St Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
7
$775
Pine Manor Apartments
1503 S Plate St Kokomo, IN
1 BR | Sep. 30, 2026
Contact
Dog Friendly
Cat Friendly
Storage
13
$845 - 984
410 - Winding Brook Apartments
3030 Matthew Dr Kokomo, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$929 - 1,059
400 - Ashbury Apartments
1901 S Goyer Rd Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Fitness Center
12
$940 - 1,215
Move In Today!
1809 W Carter St Kokomo, IN
2 - 3 BR | Sep. 5, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
23
$1,039 - 1,724
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
7
$800 - 960
Kingston Green Apartments
1220 E Alto Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
40
$3,400
510 S Indiana Ave
Kokomo, IN
4 BR | Available Now
Contact
House
Air Conditioning
Dishwasher
1
$1,550
3 Bedroom 1 Bath
711 S Dixon RD Kokomo, IN
3 BR | Sep. 18, 2026
Contact
Dog Friendly
House
31
$3,000
5916 Senaca Trl
Kokomo, IN
3 BR | Oct. 24, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
3
$690 - 810
Riley Modern Estates
2700 N Washington St Kokomo, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
13
$3,200
2684 Wynterpointe Ct
Kokomo, IN
3 BR | Feb. 1, 2027
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
7
$855
2210 N Waugh
2210 N Waugh St Kokomo, IN
2 BR | Ask for Availability
House
1
$995
430 South Armstrong
Kokomo, IN
2 BR | Aug. 30, 2026
Contact
Dog Friendly
House
Air Conditioning
Surface Parking
Storage
6
$800
1225 S Union St
Kokomo, IN
3 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 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: August Rental Information

Welcome to the August 2026 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 August 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 August 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 7 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 August M/M % Change
Kokomo, IN 2 +1.07%
Marion, IN 2 +0.91%
Sheridan, IN 1 +0.33%

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
Browse Kokomo Apartments
Kokomo Apartments by Bedrooms
Kokomo Apartments by Affordability
Kokomo Apartments with Amenities
Kokomo Apartments by Type
Kokomo Apartments by Zip Code