Cheap Apartments for Rent in Morgan County, IN from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Morgan County.

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Mooresville MHC
2 Bedroom Apartments

Mooresville MHC

1 Chisholm TrlMooresville, IN 46158
  • Utilities Included
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860 N Lincoln St
1 to 2 Bedroom Apartments

860 N Lincoln St

860 N Lincoln StMartinsville, IN 46151
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1109 E Gray St
2 Bedroom Apartments

1109 E Gray St

1109 E Gray StMartinsville, IN 46151

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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209 N Lex Ln
1 Bedroom Apartments

209 N Lex Ln

209 N Lex LnParagon, IN 46166
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Arbor Manor
Studio to 3 Bedroom Apartments

Arbor Manor

212 Churchill DrMooresville, IN 46158
  • Utilities Included
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90 S Grant St
2 Bedroom Apartments

90 S Grant St

90 S Grant StMartinsville, IN 46151
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Spring Hill
1 Bedroom Apartments

Spring Hill

301 Springmill DrMooresville, IN 46158

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Morgan House II
1 Bedroom Apartments

Morgan House II

470 N Main StMartinsville, IN 46151
Senior Living
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3-5 Stormy Ln
1 to 2 Bedroom Apartments

3-5 Stormy Ln

3-5 Stormy LnMooresville, IN 46158
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Morgan House
Studio to 2 Bedroom Apartments

Morgan House

490 N Main StMartinsville, IN 46151
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Ken-Mar Apartments
1 Bedroom Apartments

Ken-Mar Apartments

210-219 W Pike StMartinsville, IN 46151

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Spring Lakes
1 Bedroom Apartments

Spring Lakes

19 Lakeshore DrMartinsville, IN 46151
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110 E Harrison St
1 to 2 Bedroom Apartments

110 E Harrison St

110 E Harrison StMartinsville, IN 46151

Cheapest Available Morgan County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
60 On The Square: A place live and work.Private Office SuitesStudio,$299
Towne View ApartmentsThe Chelsea2BR,1BA$1,195

Best Value Apartments for Rent in Morgan County, IN

As of June 25, 2025 the best value apartment in the Morgan County area is the $1.41 price per square foot The Chelsea Model at Towne View Apartments in the starting from $1,195. The second greatest value Morgan County apartment is the Private Office Suites Model at 60 On The Square: A place live and work. starting at $299 with a $4.46 price per square foot . Here is today’s list of the best values for Morgan County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Towne View ApartmentsThe Chelsea2BR,1BA$1.41
60 On The Square: A place live and work.Private Office SuitesStudio ,0.5BA$4.46

Frequently Asked Questions about Cheap Morgan County Apartments

How much is rent for a Cheap One Bedroom Morgan County Apartment?

The lowest price for a Cheap One Bedroom Morgan County Apartment is $950 at 60 On The Square: A place live and work..

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.