Cheap Apartments for Rent in Morgantown, IN from $600 (31 Rentals)

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

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Clearview
$815 - $3,010
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $2,995
Required Monthly Fees
$15
Total Monthly Price
$815 - $3,010
Studio to 2 Bedroom Apartments Available Feb 26

Clearview

715 Clearview DrGreenwood, IN 46143
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  • Customer Reviewed
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Kingston Manor
$875 - $1,080
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,055
Required Monthly Fees
$25
Total Monthly Price
$875 - $1,080
Studio to 3 Bedroom Apartments Available Now

Kingston Manor

3200 E Longview AveBloomington, IN 47408
Affordability
  • Verified
  • Customer Reviewed

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.

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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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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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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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Showing Results 1-31, Page 1 of 1

Morgantown, IN Local Guide

Cheapest Available Morgantown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morgantown, IN is a 1 Bed unit found at Lofton in the Downtown Bloomington IN neighborhood priced from $749. Cedargate in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here is today’s list of the most affordable Morgantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LoftonLofton - Individual Lease/ Roommate Matching - ...1BR,2BA$749
CedargateStudio StandardStudio,1BA$760
Waterbury ApartmentsStudioStudio,1BA$775
Polo Run ApartmentsThe Shetland StudioStudio,1BA$810
Kingston ManorEfficiencyStudio,1BA$875
Westminster Apartments and TownhomesStafford1BR,1BA$950
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$975
Auburn Place1 Bedroom 1 Bath1BR,1BA$993
Mission HillsA2 Costa Mesa1BR,1BA$999
The Fairways at Valle VistaWedge1BR,1BA$999

Best Value Apartments for Rent in Morgantown, IN and Nearby

As of February 21, 2026 the best value apartment in the Morgantown area is the $1.11 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,799. The second greatest value Morgantown apartment is the E1r Model at Brixin Franklin starting at $1,699 with a $1.16 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Morgantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.11
Brixin FranklinE1r4BR,2BA$1.16
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.24
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.17
Park Madison Apartments2x2 R-Prem2BR,2BA$1.20
Pinebrook Apartments2x22BR,2BA$1.39
Arbor at Water's Edge2BR Downstairs2BR,2BA$1.28
LoftonLofton 2A - Sublease / Lease Release2BR,2BA$1.42
Honey CreekHive Renovated2BR,2BA$1.42
Stonehedge ApartmentsThe Solis1BR,1BA$1.41

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Morgantown, IN Rentals by Map

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Frequently Asked Questions about Cheap Morgantown Apartments

What is the Cheapest Studio apartment in Morgantown?

Currently the most affordable Cheap Studio Apartment in Morgantown is at Cedargate listed at $760.

How much is rent for a Cheap One Bedroom Morgantown Apartment?

The lowest price for a Cheap One Bedroom Morgantown Apartment is $749 at Lofton.

What is the lowest price for a Cheap Two Bedroom Morgantown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Morgantown is starting from $925 at Kingston Manor.

What is the most affordable Morgantown Three Bedroom Apartment?

The best deal on a cheap Morgantown Three Bedroom Apartment rental is at Kingston Manor and starts from $1,080.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.