How many apartments under $700 are available in Kokomo, IN on Rentable.co?

There are 5 apartments under $700 in Kokomo currently available for rent on Rentable.co.

How many one-bedroom apartments under $700 are available in Kokomo?

Rentable.co has 4 <a href='/kokomo-in/1-bedroom-apartments-for-rent' >one-bedroom</a> apartments under $700 available for rent in Kokomo.

How many two-bedroom apartments under $700 are available in Kokomo?

Rentable.co has 7 <a href='/kokomo-in/2-bedroom-apartments-for-rent' >two-bedroom</a> apartments under $700 available for rent in Kokomo.

Can I afford a apartment under $700 in Kokomo, IN?

To comfortably afford a apartment under $700 in Kokomo based on average rent prices, a household would need an annual income of $28,000.

Apartments Under $700 in Kokomo, IN

1 - 5 of 5 Results

12

$495

1101 N Indiana Ave

Kokomo, IN

1 BR | Jul. 7, 2026

Contact

18

$450 - 515

PER
BED

Annex Of Kokomo

2205 South Washington St Kokomo, IN

2 - 4 BR | Available Now

Contact

Furnished

Dog Friendly

Cat Friendly

Student

Air Conditioning

10

$550

*self Show Availability* 1724 S Washington St. #2

1724 S Washington St Kokomo, IN

1 BR | Ask for Availability

Contact

6

$530

1623 1/2 S Webster

1623 S Webster St Kokomo, IN

1 BR | Ask for Availability

Contact

3

$690 - 700

Riley Modern Estates

2700 N Washington St Kokomo, IN

2 - 3 BR | Available Now

Contact

Dog Friendly

Cat Friendly

House

1 - 5 of 5 Results

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Kokomo
Apartments Under $700

Apartments Under $700 in Kokomo, IN: May Rental Information

Welcome to the May 2026 Kokomo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Kokomo rental landscape.

Our experts analyze the inventory trends for apartments under $700 — 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 $700 in Kokomo.

Whether you're a student looking for affordable housing near Indiana University Kokomo or a young professional searching for your first apartment, this report will give you an overview of the current rental market in Kokomo and help you find the perfect home within your budget.

This month, the typical cost to rent a one-bedroom apartment in Kokomo stands at $850, with the majority falling between $520 and $1,000. Out of the 191 one-bedroom apartments currently on the market in Kokomo, 4 are priced below $700, accounting for 2% of the total available one-bedroom units in Kokomo.

Available Apartments Under $700: Kokomo vs. Surrounding Areas

Kokomo, IN

Marion, IN

7

The chart above provides a snapshot of the number of apartments available for rent under $700 in Kokomo, IN and the surrounding cities as of May 2026. The surrounding cities included in the chart are Peru, Elwood, Wabash, Marion, Sheridan, Converse, Bunker Hill, Oakford, Arcadia, and Somerset. In total, there is a wide selection of 20 apartments that meet the budget criteria in the Kokomo, IN metro area. This information is valuable for renters who are seeking affordable housing options in the region.

Apartments Under $700 Now vs. Last Month: Kokomo and Surrounding Areas

City	Apartments Under $700 in May	M/M % Change
Kokomo, IN	8	+0.95%
Marion, IN	8	+0.9%
Wabash, IN	3	+0.85%
Elwood, IN	2	+1.0%
Peru, IN	2	+1.15%
Somerset, IN	1	+1.0%

Looking for Apartments Under $700 in Kokomo?

Available apartments under $700	25
Top amenities	Refrigerator, Range / Oven, Off Street Parking, Pet Friendly Community, Near Grocery Store
Pet friendly	9
Furnished	2
1 Bedroom	3
2 Bedroom	4
3 Bedroom	4
Square footage	587 - 2,000