Cheap Apartments for Rent in Kokomo, IN from $300 (60 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Kingston Square
2 to 3 Bedroom Apartments

Kingston Square

1495 N Webster StKokomo, IN 46901
close
View Me
Brentwood Greene
1 to 2 Bedroom Apartments

Brentwood Greene

1534 Dodge StKokomo, IN 46902
Senior Living
close
View Me
Tudor Apartments
Studio to 2 Bedroom Apartments

Tudor Apartments

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

Kokomo Homes

600 Marsha CtKokomo, IN 46902
close
View Me
2930 Albright
1 to 2 Bedroom Apartments

2930 Albright

2930 Albright RdKokomo, IN 46902
Corporate Housing
  • Utilities Included
close
View Me
Lincolnwood Apartments
1 to 4 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
  • Smoke Free

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Holly Apartments
1 Bedroom Apartments

Holly Apartments

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

Park Place Apartments

1901 S Park RdKokomo, IN 46902
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Amberwood Place
Studio to 4 Bedroom Apartments

Amberwood Place

2864 Amberwood PlKokomo, IN 46901
  • Utilities Included
close
View Me
Westbrook
1 to 2 Bedroom Apartments

Westbrook

3334 S Dixon LnKokomo, IN 46902
close
View Me
Walnut Creek
1 to 3 Bedroom Apartments

Walnut Creek

4600 Colter DrKokomo, IN 46902
  • Utilities Included
close
View Me
Summerset Apartments
1 to 3 Bedroom Apartments

Summerset Apartments

393 W 300 NKokomo, IN 46901
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
Showing Results 1-50, Page 1 of 2

Kokomo, IN Local Guide

Cheapest Available Kokomo Apartments for Rent

 

The cheapest available apartment rental in Kokomo, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Kokomo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Apperson Way Apartments1 Bedroom1BR,1BA$398
Walnut ManorSTUDIOStudio,1BA$650
MAPLE CRESTStudio1BR,1BA$715
Turtle Creek KokomoSpringStudio,1BA$715
Holly Apartments1bed/1bath Partially Renovated1BR,1BA$750
Countryside Villas Apartments1/11BR,1BA$760
Kingston Green Apartments1 BEDROOM G1BR,1BA$800
Fox Acres Apartments1 Bed Room1BR,1BA$835
Winding Brook Apartments1 Bedroom - 2nd Floor1BR,1BA$845
Bradford Run ApartmentsRedbud1BR,1BA$863

Best Value Apartments for Rent in Kokomo, IN

As of August 04, 2026 the best value apartment in the Kokomo area is the $0.90 price per square foot 3bed/1.5bath Non-Renovated Model at Carter West Apartments & Townhouses in the starting from $1,030. The second greatest value Kokomo apartment is the 3 Bedroom Townhomes Model at Apperson Way Apartments starting at $1,227 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.
Carter West Apartments & Townhouses3bed/1.5bath Non-Renovated3BR,1.5BA$0.90
Apperson Way Apartments3 Bedroom Townhomes3BR,2BA$1.17
Timbernest Town Homes2 Bed, 1.5 Ba Partially Renovated2BR,1.5BA$1.25
Villas de FontenelleThe Coronado2BR,1BA$1.14
Ashbury Apartments2 Bed 1st floor UPDATED2BR,1BA$1.10
Fox Acres Apartments1 Bed Room1BR,1BA$1.11
Countryside Villas Apartments1/11BR,1BA$1.01
Winding Brook Apartments1 Bedroom - 2nd Floor1BR,1BA$1.30
Kingston Green Apartments1 BEDROOM G1BR,1BA$1.32
Holly Apartments1bed/1bath Partially Renovated1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Kokomo, IN

School data provided by Great Schools

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

Explore Kokomo, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Kokomo, IN

View Map
Kokomo, IN Apartments Map
View Map
Kokomo, IN Rental Homes Map

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 $398 at Apperson Way Apartments.

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 $479 at Apperson Way Apartments.

What is the most affordable Kokomo Three Bedroom Apartment?

The best deal on a cheap Kokomo Three Bedroom Apartment rental is at Apperson Way Apartments and starts from $551.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.