
Cheap Homes for Rent in Kokomo, IN from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Kokomo.


921 S Buckeye St

918 S Bell St

1323 S Webster St

1330 S Jay St
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.

723 W Jefferson St

110 1/2 E Jefferson St

610 W Walnut St

811 N Webster St

1039 S Washington St

2324 N Buckeye St
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.

1530 S Union St

1301 S Waugh St

1011 E Taylor St

1329 N Wabash Ave

815 S Calumet St

815 S Calumet St
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.
Kokomo, IN Local Guide

How much does it cost to rent a home in Kokomo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kokomo 2 Bedroom Homes for Rent | $951 | $775 | $1,300 |
| Kokomo 3 Bedroom Homes for Rent | $1,368 | $820 | $3,200 |
| Kokomo 4 Bedroom Homes for Rent | $1,550 | $1,300 | $1,850 |
Browse Top Homes for Rent in Kokomo
Explore Kokomo
Kokomo, IN Local Guide
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Cheapest Available Kokomo Apartments for Rent
 The cheapest available apartment rental in Kokomo, IN is a 3 Beds unit found at The Annex of Kokomo priced from $609. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $609 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $685 |
| Walnut Manor | STUDIO | Studio,1BA | $725 |
| Villas de Fontenelle | The Cabana | Studio,1BA | $755 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $760 |
Best Value Apartments for Rent in Kokomo, IN
As of December 31, 2025 the best value apartment in the Kokomo area is the $0.83 price per square foot 2 Bedroom Furnished Model at The Macy Apartments in the starting from $1,800. The second greatest value Kokomo apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Kokomo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Macy Apartments | 2 Bedroom Furnished | 2BR,1BA | $0.83 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Cambridge Place Apartments | Wren | 2BR,1.5BA | $1.19 |
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $1.17 |
| JEFFERSON CROSSING | 2 Bedroom 1 Bathroom - Townhome | 2BR,1BA | $1.07 |
| Ashbury Apartments | 2 Bed 1st floor UPDATED | 2BR,1BA | $1.10 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
| MAPLE CREST | 1x1BUp | 1BR,1BA | $1.20 |
| 610 S Washington St, Unit #2 Upstairs | 610 S Washington St | 1BR,1BA | $0.93 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Kokomo, INPopulation: 57,869
Ranked #659
in US Census Population by City
Best Local Schools in Kokomo, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Kokomo
What type of rentals are currently available in Kokomo?
There are currently 74 Apartments for Rent in Kokomo, IN with pricing that ranges from $505 to $1,800. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kokomo ranging from $599 to $3,200.
What is the current price range for Rental Homes in Kokomo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kokomo ranges from $599 to $3,200 with an average monthly rent of $1,022.
How much are larger Three and Four Bedroom Rentals in Kokomo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kokomo range from $609 to $1,619, while Three Bedroom Homes, Condos, and Townhomes for rent range from $820 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $505.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
