611 N Main St
KokomoIN46901
Cheap Homes for Rent near Michigantown, IN from $650 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Michigantown.
723 W Jefferson St
KokomoIN46901
831 S Webster St
KokomoIN46901
712 S Union St
KokomoIN46901
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.
2501 N Apperson Way
KokomoIN46901
2325 N Locke St
KokomoIN46901
430 S Armstrong St
KokomoIN46901
1414 W Mulberry St
KokomoIN46901
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.
1105 E Mulberry St
KokomoIN46901
Showing Results 1-9, Page 1 of 1
Michigantown, IN Local Guide
Indiana road by StevenW. is licensed under CC BY 2.0
How much does it cost to rent a home in Michigantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Michigantown 2 Bedroom Homes for Rent | $1,229 | $950 | $1,625 |
| Michigantown 3 Bedroom Homes for Rent | $1,463 | $1,050 | $2,350 |
| Michigantown 4 Bedroom Homes for Rent | $1,770 | $1,200 | $2,600 |
| Michigantown 5 Bedroom Homes for Rent | $2,300 | $2,200 | $2,400 |
Browse Top Homes for Rent in Michigantown
Explore Michigantown
Michigantown, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Michigantown Apartments for Rent and Nearby
The cheapest available apartment rental in Michigantown, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $490. Here is today’s list of the most affordable Michigantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $490 |
| Walnut Manor | STUDIO | Studio,1BA | $650 |
Best Value Apartments for Rent in Michigantown, IN and Nearby
As of September 05, 2026 the best value apartment in the Michigantown area is the $1.17 price per square foot 3 Bedroom Townhomes Model at Apperson Way Apartments in the starting from $1,227. The second greatest value Michigantown apartment is the 2 Bedroom Model at Blackhawk Commons starting at $1,068 with a $1.13 price per square foot in the Cicero Arcadia neighborhood. Here is today’s list of the best values for Michigantown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Blackhawk Commons | 2 Bedroom | 2BR,1BA | $1.13 |
| Timbernest Town Homes | 2 Bed, 1.5 Ba Partially Renovated | 2BR,1.5BA | $1.24 |
| Welcome to Jefferson Crossing Townhomes | 2 bed 1 bath TH | 2BR,1BA | $1.07 |
| Eastgate Townhomes | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.22 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.09 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.91 |
| Ashbury Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.19 |
| Winding Brook Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.30 |
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
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.
Read ArticleReal 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
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.
Let everyone know!
Do you know the Michigantown area?
If you’re an expert on all things Michigantown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Michigantown, IN Rentals by Map
See the most popular apartments and homes in Michigantown, IN
Frequently Asked Questions about Michigantown
What type of rentals are currently available in Michigantown?
There are currently 54 Apartments for Rent in Michigantown, IN with pricing that ranges from $398 to $2,919. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Michigantown ranging from $650 to $2,600.
What is the current price range for Rental Homes in Michigantown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Michigantown ranges from $650 to $2,600 with an average monthly rent of $1,325.
How much are larger Three and Four Bedroom Rentals in Michigantown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Michigantown range from $490 to $2,919, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $499.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.