Cheap Apartments for Rent in Kokomo, IN from $300 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Kokomo.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Kingston Square
2 to 3 Bedroom Apartments

Kingston Square

1495 N Webster StKokomo, IN 46901

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Tudor Apartments
Studio to 2 Bedroom Apartments

Tudor Apartments

513 N Buckeye StKokomo, IN 46901
  • Utilities Included
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Kokomo Homes
1 to 2 Bedroom Apartments

Kokomo Homes

600 Marsha CtKokomo, IN 46902
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Holly Apartments
1 Bedroom Apartments

Holly Apartments

1826 S Goyer RdKokomo, IN 46902
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Park Place Apartments
Studio to 2 Bedroom Apartments

Park Place Apartments

1901 S Park RdKokomo, IN 46902
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Indigo
1 Bedroom Apartments

Indigo

532 W Mulberry StKokomo, IN 46901

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Kokomo, IN Local Guide

Cheapest Available Kokomo Apartments for Rent

 

The cheapest available apartment rental in Kokomo, IN is a Studio unit found at Walnut Manor priced from $650. Turtle Creek Kokomo has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Kokomo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Walnut Manor$350 OFF MOVE IN COSTS! INQUIRE TODAY! Quiet an...Studio,1BA$650
Turtle Creek KokomoSpringStudio,1BA$685
2930 Albright1 Bed1BR,1BA$695
Lincolnwood Apartments1BR/1BA1BR,1BA$700
First Flats1bed/1bath Non-Renovated1BR,1BA$750
The Macy ApartmentsStudio Unfurnished/FurnishedStudio,1BA$750
Fox Acres Apartments1 Bed Room1BR,1BA$755
Villas de FontenelleThe CabanaStudio,1BA$755
Bradford Run ApartmentsRedbud1BR,1BA$776

Best Value Apartments for Rent in Kokomo, IN

As of July 26, 2025 the best value apartment in the Kokomo area is the $1.16 price per square foot B1-1 Model at 306 Riverfront in the starting from $1,355. The second greatest value Kokomo apartment is the 2 Bedroom Unit Model at Brentwood Greene starting at $1,065 with a $1.17 price per square foot . Here is today’s list of the best values for Kokomo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
306 RiverfrontB1-12BR,2BA$1.16
Brentwood Greene2 Bedroom Unit2BR,1BA$1.17
MAPLE CREST2x1AUp2BR,1BA$1.08
JEFFERSON CROSSING2 Bedroom 1 Bathroom - Townhome2BR,1BA$1.07
603 S Main St, Unit South Main603 S Main St1BR,1BA$0.82
Carter West Apartments & Townhouses2bed/1bath Partially Renovated2BR,1BA$1.18
Fox Acres Apartments1 Bed Room1BR,1BA$1.01
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.70
Bradford Run ApartmentsRedbud1BR,1BA$1.15
2930 Albright1 Bed1BR,1BA$1.16

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Kokomo, IN
Population: 57,869

Ranked #659

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Kokomo, IN Rentals by Map

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Getting Around Kokomo, IN

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Kokomo Apartments

What is the Cheapest Studio apartment in Kokomo?

Currently the most affordable Cheap Studio Apartment in Kokomo is at Walnut Manor listed at $650.

How much is rent for a Cheap One Bedroom Kokomo Apartment?

The lowest price for a Cheap One Bedroom Kokomo Apartment is $675 at Walnut Manor.

What is the lowest price for a Cheap Two Bedroom Kokomo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kokomo is starting from $790 at Lincolnwood Apartments.

What is the most affordable Kokomo Three Bedroom Apartment?

The best deal on a cheap Kokomo Three Bedroom Apartment rental is at JEFFERSON CROSSING and starts from $1,045.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.