Updated 1 Day Ago
Highlights
Pet Friendly
Location
516 W Mulberry St, Kokomo, IN 46901, USA
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Property Overview
Imperial Apartments offers a balanced mix of comfort and convenience, with a Zumper expert rating that suggests solid overall appeal. The property’s strengths and features are presented as practical advantages, making it a straightforward option for renters looking for dependable living.
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.
Things you’ll love
High school nearby- Middle school nearby
Floor plans
| 1bed/1bath Renovated | 2 bed | 1 bath | 815 sqft | $850 /mo | 1 unit available |
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Amenities for Imperial Apartments
Building
| Cats OK | Dogs 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 14 |
|---|
About Imperial Apartments
Imperial Apartments cost $850 per month. Located at 516 W Mulberry St, Kokomo, IN 46901, USA, Imperial Apartments has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Kokomo, renting an apartment at Imperial Apartments is 11% cheaper per month.
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 GoodWith a solid 8.3 out of 10 overall, Imperial Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Imperial Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
Imperial Apartments 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, Imperial Apartments 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.
Imperial Apartments 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 Imperial Apartments 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.
Imperial Apartments 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 Imperial Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- Middle school nearby
- There is a middle school 0.5 miles away
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Rent trends in Kokomo
2-bedroom apartments at Imperial Apartments cost about 11% less than the average rent price for 2-bedroom apartments in Kokomo.
Median rents as of Oct 17 2026.
Kokomo
| Month | Median Rent |
|---|---|
| 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 | $995 |
| October 2025 | $1,281 |
| November 2025 | $791 |
| December 2025 | $778 |
| January 2026 | $968 |
| February 2026 | $706 |
| March 2026 | $720 |
| April 2026 | $793 |
| May 2026 | $847 |
| June 2026 | $803 |
| July 2026 | $699 |
| August 2026 | $687 |
| September 2026 | $763 |
| October 2026 | $675 |
Affordability calculator
Can I afford to live at 516 W Mulberry St?
Bedrooms
2 bedroomsRent-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
$34,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 2-bedrooms monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.
Schools near Imperial Apartments
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
Neighborhood
Getting around Kokomo near 516 W Mulberry St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 516 W Mulberry St, Kokomo
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
4/10
Few or no bars within walking distance
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