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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
22
$1,030
Westbrook
4.6
3334 S Dixon Ln Kokomo, IN
2 BR | Aug. 7, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$1,039 - 1,475
Amberwood Place
3.2
2864 Amberwood Pl Kokomo, IN
2 - 3 BR | Jul. 30, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
1
$1,149
Deer Creek Village
5.0
401 S. Deer Creek St Galveston, IN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
17
$850
Move In Today! Half Of Security Deposit!!
1930 S Goyer Rd Kokomo, IN
2 BR | Jun. 30, 2026
Contact
Dog Friendly
Cat Friendly
Storage
9
$1,160
300 E 261 S
Kokomo, IN
2 BR | Jun. 30, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
8
$949
Washington Street Duplex
1112-1114 Washington St Kokomo, IN
2 BR | Jul. 14, 2026
Contact
1
$770
Sycamore St
1302 W Sycamore St Kokomo, IN
1 BR | Jul. 31, 2026
Contact
Dog Friendly
Cat Friendly
22
$1,050
Welcome To Jefferson Crossing Townhomes
800 N Dixon Rd Kokomo, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
609 E Mulberry St
Kokomo, IN
1 BR | Available Now
Contact
1
$995
1104-1106 South Jay Street
1104-1106 South Jay Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
1
$1,495
3 Bedroom 1 Bath
1833 S Market St Kokomo, IN
3 BR | Jul. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
$1,095
1137 South Armstrong
Kokomo, IN
3 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
$895
601-01 N Main St
Kokomo, IN
1 BR | Ask for Availability
Contact
13
$845 - 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
7
$775
Pine Manor Apartments
1503 S Plate St Kokomo, IN
1 BR | Jul. 4, 2026
Contact
Dog Friendly
Cat Friendly
Storage
15
$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
25
$850
Brentwood Greene
1534 E Dodge St Kokomo, IN
2 BR | Available Now
Contact
Air Conditioning
Fitness Center
Storage
Dishwasher
50
$1,047 - 1,822
Walnut Creek Apartments
Deal
4600 Colter Drive Kokomo, IN
1 - 3 BR | Jul. 20, 2026
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
40
$1,299 - 2,129
The Elwood
Deal
1400 E Hoffer St Kokomo, IN
1 - 2 BR | Jun. 25, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
17
$3,200
1805 S Courtland Ave
Kokomo, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
7
$800 - 960
Kingston Green Apartments
1220 E Alto Rd Kokomo, IN
1 - 2 BR | Available Now
Contact
15
$1,750
539 W Jefferson St Unit 539
Kokomo, IN
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
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
7
$855
2210 N Waugh
2210 N Waugh St Kokomo, IN
2 BR | Ask for Availability
House
5
$730
717 E Mulberry #1
717 E Mulberry St Kokomo, IN
2 BR | Ask for Availability
Contact
14
$1,405
1032 S Washington St
Kokomo, IN
6 BR | Ask for Availability
House
6
$530
1623 1/2 S Webster
1623 S Webster St Kokomo, IN
1 BR | Ask for Availability
Contact
23
$1,015 - 1,757
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
$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: June Rental Information

Welcome to the June 2026 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 June 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

Kokomo, IN
3
The chart above provides an overview of the number of available apartments under $500 in Kokomo, IN, and its surrounding cities. As of June 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 6 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 June M/M % Change
Kokomo, IN 3 +1.0%
Marion, IN 2 +0.87%

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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