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Apartments for Rent in Kokomo, IN under $500

Apartments for Rent in Kokomo, IN under $500. 5 Rentals Available
5 Rentals Available
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  • 1304 S. Cooper Street 2 Beds Apartment for Rent
    Only 1 unit left
    2 bd $500
    Base rent
    Verified Listing

    5.0 (1)
    1304 S. Cooper Street, Kokomo, IN 46902
    Apply online • Pet friendly
  • a living room with two chairs and a table and two windows
    Only 3 units left
    1 bd $419
    Base rent Income restricted
    Verified Listing

    713 N Purdum Street, Kokomo, IN 46902
    Apply online
  • a kitchen with a sink and a counter top
    Ask for pricing
    Income restricted
    Verified Listing

    4.5 (20)
    1495 North Webster, Kokomo, IN 46901
    Pet friendly
3-0-city

Frequently asked questions

When were prices and availability in Kokomo, IN last updated?

Prices and availability in Kokomo, IN were last updated on 21 May 2026.

What are the best apartments in Kokomo, IN?
What type of rental buildings are in Kokomo, IN?

In Kokomo, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of Kokomo's rentals, 46% are small-scale complexes with under 50 units, and 39% are single-family rentals.