Kokomo was once a booming town in Indiana outside of the Indianapolis area. Although Kokomo has seen better days, it still continues to thrive in certain zones. Kokomo offers a college district that houses Indiana University Kokomo, Purdue College of Technology, and a couple more. Many find very affordable rental apartments in this region. Folks who are looking for a rental in Kokomo may also want to browse Indianapolis, CA house rentals as another option.