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Kokomo Apartments For Rent

64 Properties

Kokomo Apartment Options

Avg. RentAnnual Change
Studio - $921+29%
1 Bed - $990+15%
2 Beds - $1,210+10%
3 Beds - $1,050+11%
Last updated 11/29/2022

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Overview of Kokomo

Head up U.S. 31, 50 miles north of Indianapolis, and you will find a Midwestern oasis with plenty of Kokomo apartments for rent. Although Kokomo may not resemble a tropical beach, it was named "Community of the Year" by the Indiana Chamber of Commerce, making it one of the finest cities in the Hoosier State. The entire town stretches less than 20 miles, so Kokomo is able to maintain its small-town vibe despite growing numbers of residents and local opportunities. According to data from the U.S. Census Bureau, the town has a population of more than 45,000 people.

Living in Kokomo

Kokomo apartments for rent are located in a town hailed as the "City of Firsts" due to its reputation for inventing many agricultural and technological advancements. These include pneumatic rubber tires, aluminum casting, carburetors, stainless steel, canned tomato juice, signal-seeking car radios and more. Kokomo was named after the great Chief Kokomo, who was one of the last chiefs of the Peru Miami Native American Tribes that used to live in the area. Top attractions near apartments for rent in Kokomo include Kokomo Beach, where families can enjoy water park attractions, and the Haynes-Apperson Festival, which honors the local history of innovation.

Kokomo Apartments and Cost of Living

New residents who are looking to make homes in Kokomo apartments for rent will be able to take advantage of the city's affordable living conditions. According to City-Data, Kokomo's cost of living index sits at 86.7, which is well below the national average. AreaVibes noted that Kokomo is "Extremely Livable" by awarding the town a livability score of 76. Here, residents can expect to pay $3.64 for a gallon of gasoline and $2.18 for a gallon of milk.

Apartments in Kokomo Work and Study

The industrial, manufacturing and technological advancement sectors are the largest contributors to Kokomo's economy. According to the Greater Kokomo Economic Development Alliance, the largest employers near Kokomo apartments include Chrysler LLC, Delphi Electronics & Safety, and GM Components Holding LLC. Other local job opportunities are provided by the Howard Regional Health Systems and Kokomo Center Schools.

Kokomo is home to several small university campuses, including Indiana Wesleyan University, which is a college with 80 concentrations in both graduate and undergraduate degrees. Ivy Tech Community College is also located here, and is hailed as one of the most affordable colleges in Indiana. Students living in apartments in Kokomo can earn two-year degrees and accreditations to further their careers without breaking the bank.

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