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Imperial Apartments rates highly overall, earning an expert rating of 8.3 out of 10, supported by excellent location and price ratings of 9 and 10, respectively. The property features amenities like on-site laundry and a pet-friendly community, while also being recognized as ideal for remote work with its spacious living area and natural lighting. Additionally, it is situated close to top-rated schools, enhancing its appeal as a value-rich living option.
Things you’ll love
Less expensiveHigh school nearbyElementary school nearbyGreat for
Work-from-home| 2bed/1bath Partially Renovated | 2 bed | 1 bath | 700 sqft | $850 /mo | 1 unit available | Welcome home to this cozy 2-bedroom, 1-bathroom apartment just minutes from the heart of downtown Kokomo! Enjoy the convenience of being close to local dining, shopping, and entertainment while still having a quiet retreat to call your own. This charming apartment features: ✔ Spacious living area with plenty of natural light ✔ Well-equipped kitchen with ample cabinet space ✔ Pet-friendly community—your furry friends are welcome! ✔ On-site laundry for added convenience With easy access to major roadways and local attractions, this apartment offers the perfect balance of city living and comfort. Don’t miss out—schedule a tour today! |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 14 |
|---|
Welcome home to this cozy 2-bedroom, 1-bathroom apartment just minutes from the heart of downtown Kokomo! Enjoy the convenience of being close to local dining, shopping, and entertainment while still having a quiet retreat to call your own. This charming apartment features: ✔ Spacious living area with plenty of natural light ✔ Well-equipped kitchen with ample cabinet space ✔ Pet-friendly community—your furry friends are welcome! ✔ On-site laundry for added convenience With easy access to major roadways and local attractions, this apartment offers the perfect balance of city living and comfort. Don’t miss out—schedule a tour today!
How Imperial Apartments compares to other nearby properties.
Positives
2-bedroom apartments at Imperial Apartments cost about 11% less than the average rent price for 2-bedroom apartments in Kokomo.
| Month | Median Rent |
|---|---|
| April 2024 | $900 |
| 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 | $995 |
| October 2025 | $1,281 |
| November 2025 | $791 |
| December 2025 | $778 |
| January 2026 | $968 |
| February 2026 | $706 |
| March 2026 | $720 |
| April 2026 | $775 |
Can I afford to live at 516 W Mulberry St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$34,000/yr
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