
Cheap Homes for Rent in Morganfield, KY from $500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Morganfield.


6515 Uebelhack Rd

1231 Culver Ave

1207 Tree Top Ln

896 Claymark Way

605 W Michigan St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1609 Rheinhardt Ave

408 S Bosse Ave

437 S Bosse Ave

1021 Jefferson Ave

640 Jefferson Ave

213 Taylor Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1004 N Governor St

924 SE 6th St

715 E Riverside Dr

1306 W Missouri St

1330 SE 2nd St

1404 Delmar Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1807 S Kerth Ave

1604 Marbo Ave
Morganfield, KY Local Guide

How much does it cost to rent a home in Morganfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morganfield 2 Bedroom Homes for Rent | $1,170 | $725 | $1,495 |
| Morganfield 3 Bedroom Homes for Rent | $1,287 | $800 | $2,800 |
| Morganfield 4 Bedroom Homes for Rent | $1,325 | $1,000 | $1,650 |
Browse Top Homes for Rent in Morganfield
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Morganfield, KY Local Guide
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Cheapest Available Morganfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Morganfield, KY is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $625. Embassy Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $660. Here is today’s list of the most affordable Morganfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Embassy Apartments | 0.1 | Studio,1BA | $660 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $725 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath B | 1BR,1BA | $770 |
Best Value Apartments for Rent in Morganfield, KY and Nearby
As of June 21, 2026 the best value apartment in the Morganfield area is the $1.02 price per square foot 2bed2bath Model at 1210 Char Lee Dr in the in the Howell neighborhood starting from $1,280. The second greatest value Morganfield apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Morganfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1210 Char Lee Dr | 2bed2bath | 2BR,2BA | $1.02 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Indian Woods | The Oak | 2BR,1BA | $0.95 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Addison Place | St Charles | 2BR,1BA | $1.06 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $1.15 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath B | 1BR,1BA | $1.15 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Morganfield
What type of rentals are currently available in Morganfield?
There are currently 54 Apartments for Rent in Morganfield, KY with pricing that ranges from $580 to $3,420. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morganfield ranging from $550 to $2,800.
What is the current price range for Rental Homes in Morganfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morganfield ranges from $550 to $2,800 with an average monthly rent of $1,096.
How much are larger Three and Four Bedroom Rentals in Morganfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Morganfield range from $1,190 to $1,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $580.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.