Rent to Own Homes near Kokomo, IN

Ten Reasons to Live in Kokomo, IN

  • Low home values make it easy to own here! With a median home value of $78,251 in Kokomo compared to Indiana's median home value of $122,400, it's easier to buy property here, whether you choose to buy or rent to own in areas such as Alto or South Dixon Road.

Check out Kokomo, IN Craigslist homes for sale, for rent, and rent to own

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Listing Type
Description
Price
Nearest
Details
2 Beds, 1 Bath on N Wabash Ave
Listing Type
Rent-To-Own
Description

2 Beds, 1 Bath

Kokomo, IN 46901

Accepting Offers

Price
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Nearest
School: Pettit Park School
Grocery: Woody's Food Stores
Restaurant: Drink Depot
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1 Bed, 1 Bath on E Madison St
Listing Type
Rent-To-Own
Description

1 Bed, 1 Bath

Kokomo, IN 46901

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Price
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School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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3 Beds, 2 Baths on E Jackson St
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Kokomo, IN 46901

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Price
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School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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3 Beds, 2 Baths on President Ln
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Kokomo, IN 46902

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Price
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Nearest
School: Kokomo High School
Grocery: Alto Express
Restaurant: Skeeter's Place
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2 Beds, 1 Bath on N Armstrong St
Listing Type
HUD Foreclosure
Description

2 Beds, 1 Bath

Kokomo, IN 46901

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Price
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Nearest
School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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5 Beds, 1 Bath on W Elm St
Listing Type
REO Foreclosure
Description

5 Beds, 1 Bath

Kokomo, IN 46901

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Price
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Nearest
School: Pettit Park School
Grocery: Marsh Supermarket
Restaurant: Fitzpatrick Acquisitions Llc
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6 Beds, 2 Baths on W Monroe St
Listing Type
For Sale By Owner
Description

6 Beds, 2 Baths

Kokomo, IN 46901

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Price
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Nearest
School: Pettit Park School
Grocery: Penny Saver
Restaurant: Lexi's Drink Barn
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2 Beds, 1 Bath on W Sycamore St
Listing Type
REO Foreclosure
Description

2 Beds, 1 Bath

Kokomo, IN 46901

Accepting Offers

Price
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Nearest
School: Kokomo Academy
Grocery: Marsh Supermarket
Restaurant: Drink Depot
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2 Beds, 1 Bath on Chestnut St
Listing Type
For Sale By Owner
Description

2 Beds, 1 Bath

Kokomo, IN 46902

Accepting Offers

Price
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Nearest
School: Coming Soon
Grocery: Coming Soon
Restaurant: Coming Soon
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  • A healthy renter's market! The percentage of Kokomo residents that rent is about on par with the state's average (39% compared to 40%), so realtors in the area understand the rental market. Finding rent to own homes should be easy in the Kappa Corner and Judson neighborhoods.
  • Plenty of vacancies! While not as high as the 2008 vacancy rate - it was a record 13.97% -- Kokomo's current vacancy rate hovers around 6.43% to 7.54%, which is a tad higher than the state's average. Luckily, this means that there are enough vacant rent to own houses to go around, whether you prefer to live near the City Center or in Indian Heights.
  • Affordable rental prices! The average rent for a two-bedroom, two-bath rental in Kokomo is 68 cents per square foot. According to census figures, about 38% of the nation pay less than $750 a month in rent, while in Kokomo almost double the number of residents pay less than $750. If apartments are more your style, check out the Kingston Green or Maple Crest Apartments.
  • A City of firsts! America's first car was produced here by Elwood Haynes in 1894. Learn about the inventor by touring his Kokomo mansion, which has been turned into the Elwood Haynes Museum.
  • Get cultured! The Howard County Historical Society is housed in the Seiberling Mansion and the Elliot House in downtown Kokomo. Both properties are on the National Register of Historic Places and in the historic Old Silk Stocking neighborhood.
  • Explore Kokomo's history! Learn about Kokomo's namesake, Native American Chief Ma-Ko-Ko-Mo at his burial site and monument just east of downtown Kokomo. The City of First's Automotive Heritage Museum in the Kokomo Event Center is a great place to learn about the many innovations the city is known for.
  • Enjoy the many parks! Highland Park has a stuffed steer, said to be the largest steer in the world, and a picturesque covered bridge in addition to the walking trails and picnic areas. Jackson Morrow Park is home to the city's only skate park.
  • Shop 'til you drop! If the Markland Mall isn't enough to meet your shopping needs, there's also the Kokomo Town Center, a sprawling outdoor mall that was recently renovated.
  • Walk a trail! Hike the 3 miles along the Wildcat Creek, which is known as the Wildcat Walk of Excellence. It connects several of the city's parks. The Industrial Heritage Trail is currently just a mile long, but there are plans to expand it and the Nickel Plate Trail in the future.