Zumper
modified
5 Minutes Ago

Highlights

  • Pet Friendly
  • Off-street parking
  • Original hardwood floors throughout
  • No smoking
  • Courtyard
  • No smoking allowed

Location

1231 W Walnut St, Kokomo, IN 46901, USA
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Tour 1231-1235 West Walnut Street - Kokomo

Contact

Management

Morgan Properties

Leasing office

(844) 913-7494 ext. 3650

Property Overview

1231-1235 West Walnut Street in Kokomo receives a strong Zumper expert rating of 8.3 out of 10, reflecting its competitive pricing and valuable amenities, including off-street parking and original hardwood floors. With a location rating of 9 out of 10, residents benefit from excellent access to key local attractions and transportation. Additionally, the property features a variety of photos, enhancing transparency for potential renters and showcasing its appealing attributes, while maintaining a no smoking policy for a healthier environment.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 1231-1235 West Walnut Street - Kokomo is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1231-1235 West Walnut Street - Kokomo has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available

Floor plans

1231 West Walnut Street - Kokomo - 103Studio1 bath359 sqft$750 /mo** Home For The Holidays Rent Special, Move In Now And Get ½ December'S Rent (2025 Only) ** 1231 W Walnut St. #103 Kokomo **Freshly Painted!** Sec Dep $750.00 Rent: $174.00 Weekly, $348.00 Bi-Weekly, $750.00 Monthly Studio Apartment Located In Walnut Manor Apartments. Unit Has Original Hardwood Floors Throughout. Kitchen Comes With Refrigerator And Gas Stove. Bathroom Has A Tub/Shower Combo. Property Has Off-Street Parking And A Courtyard. Onsite Coin-Fed Laundry In Basement. No Smoking Allowed. Tenant Pays Electric Only. Owner Pays Gas, Water, And Sewer. Pets May Be Negotiable With Owner'S Approval & A $300 Pet Deposit Per Pet. $25 Pet Fee Per Month, Per Pet, 2 Pet Max. Renters Insurance Required At Tenants Cost.
1231 West Walnut Street - Kokomo - 104Studio1 bath360 sqft$750 /mo1231 W Walnut St. #104 Kokomo **Freshly Painted!** Sec Dep $750.00 Rent: $174.00 Weekly, $348.00 Bi-Weekly, $750.00 Monthly Studio Apartment Located In Walnut Manor Apartments. Unit Has Original Hardwood Floors Throughout. Kitchen Comes With Refrigerator And Gas Stove. Bathroom Has A Tub/Shower Combo. Property Has Off-Street Parking And A Courtyard. Onsite Coin-Fed Laundry In Basement. No Smoking Allowed. Tenant Pays Electric Only. Owner Pays Gas, Water, And Sewer. Pets May Be Negotiable With Owner'S Approval & A $300 Pet Deposit Per Pet. $25 Pet Fee Per Month, Per Pet, 2 Pet Max. Renters Insurance Required At Tenants Cost.
1231 West Walnut Street - Kokomo - 2121 bed1 bath500 sqft$800 /mo1231 W Walnut St. #212 Kokomo **Freshly Painted!** Sec Dep $800.00 Rent: $185.00 Weekly, $370.00 Bi-Weekly, $800.00 Monthly 1 Bedroom, 1 Bath Apartment Located In Walnut Manor Apartments. Unit Has Original Hardwood Floors Throughout. Kitchen Comes With Refrigerator And Gas Stove. Bathroom Has A Tub/Shower Combo. Property Has Off-Street Parking And A Courtyard. Onsite Coin-Fed Laundry In Basement. No Smoking Allowed. Tenant Pays Electric Only. Owner Pays Gas, Water, And Sewer. Pets May Be Negotiable With Owner'S Approval & A $300 Pet Deposit Per Pet. $25 Pet Fee Per Month, Per Pet, 2 Pet Max. Renters Insurance Required At Tenants Cost.
1231 West Walnut Street - Kokomo - 2061 bed1 bath500 sqft$800 /mo** Home For The Holidays Rent Special, Move In Now And Get ½ December'S Rent (2025 Only) ** 1231 W Walnut St. #206 Kokomo **Freshly Painted!** Sec Dep $800.00 Rent: $185.00 Weekly, $370.00 Bi-Weekly, $800.00 Monthly 1 Bedroom, 1 Bath Apartment Located In Walnut Manor Apartments. Unit Has Original Hardwood Floors Throughout. Kitchen Comes With Refrigerator And Gas Stove. Bathroom Has A Tub/Shower Combo. Property Has Off-Street Parking And A Courtyard. Onsite Coin-Fed Laundry In Basement. No Smoking Allowed. Tenant Pays Electric Only. Owner Pays Gas, Water, And Sewer. Pets May Be Negotiable With Owner'S Approval & A $300 Pet Deposit Per Pet. $25 Pet Fee Per Month, Per Pet, 2 Pet Max. Renters Insurance Required At Tenants Cost.

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Amenities for 1231-1235 West Walnut Street - Kokomo

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed 
Limit1

Cat policy

Allowed 
Limit1

Required one-time fees

Security Deposit$0
Building details

Property details

Units4
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About 1231-1235 West Walnut Street - Kokomo

HomeApartments in Kokomo 1231-1235 West Walnut Street - Kokomo

** Home For The Holidays Rent Special, Move In Now And Get ½ December'S Rent (2025 Only) ** 1231 W Walnut St. #103 Kokomo **Freshly Painted!** Sec Dep $750.00 Rent: $174.00 Weekly, $348.00 Bi-Weekly, $750.00 Monthly Studio Apartment Located In Walnut Manor Apartments. Unit Has Original Hardwood Floors Throughout. Kitchen Comes With Refrigerator And Gas Stove. Bathroom Has A Tub/Shower Combo. Property Has Off-Street Parking And A Courtyard. Onsite Coin-Fed Laundry In Basement. No Smoking Allowed. Tenant Pays Electric Only. Owner Pays Gas, Water, And Sewer. Pets May Be Negotiable With Owner'S Approval & A $300 Pet Deposit Per Pet. $25 Pet Fee Per Month, Per Pet, 2 Pet Max. Renters Insurance Required At Tenants Cost.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 1231-1235 West Walnut Street - Kokomo is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1231-1235 West Walnut Street - Kokomo has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 1231-1235 West Walnut Street - Kokomo
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1231-1235 West Walnut Street - Kokomo offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1231-1235 West Walnut Street - Kokomo is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1231-1235 West Walnut Street - Kokomo is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1231-1235 West Walnut Street - Kokomo does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1231-1235 West Walnut Street - Kokomo provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1231-1235 West Walnut Street - Kokomo compares to other nearby properties.

Positives

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Rent trends in Kokomo

Studio apartments at 1231-1235 West Walnut Street - Kokomo cost about 59% less than the average rent price for studios in Kokomo.

1-bedroom apartments here are priced about the same as 1-bedrooms in Kokomo.

Median rents as of Sep 27 2025.
Kokomo
A table of studio rental data trends in Kokomo
MonthMedian Rent
October 2023$725
November 2023$1,037
December 2023$945
January 2024$737
February 2024$725
March 2024$754
April 2024$800
May 2024$1,066
June 2024$1,163
July 2024$1,642
August 2024$1,574
September 2024$1,279
October 2024$980
November 2024$1,079
December 2024$787
January 2025$830
February 2025$781
March 2025$785
April 2025$817
May 2025$739
June 2025$718
July 2025$662
August 2025$808
September 2025$904

Affordability calculator

Can I afford to live at 1231 W Walnut St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$30,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this studio median monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.

Schools near 1231-1235 West Walnut Street - Kokomo

Pettit Park School

901 w havens

kokomo, IN, 46901

PK, K-5Public
C

Elwood Haynes Elementary School

910 s cooper

kokomo, IN, 46901

PK, K-5Public
C

Bon Air Elementary School

2800 apperson way n

kokomo, IN, 46901

PK, K-2Public
C
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Internet available near 1231-1235 West Walnut Street - Kokomo

Getting around Kokomo near 1231 W Walnut St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Points of interest for 1231 W Walnut St, Kokomo

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 1231 W Walnut St

Woody's Food Stores
1300 N Philips St
Morafam Food Mart
4013 US Highway 31 N
Kroger
605 N Dixon Rd
The Grocery Sack
105 E Defenbaugh St
The Grocery Sack
1212 E Markland Ave

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