40 E Mulberry St
MorgantownIN46160
Cheap Apartments for Rent in Morgantown, IN from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Morgantown.
close
View Me
Rent Specials
from $299Studio to 1 Bedroom Apartments Available Now
60 On The Square: A place live and work.
38 W Morgan 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.
close
View Me
Rent Specials
from $730Studio to 3 Bedroom Apartments Available Now
Kingston Manor
3200 E Longview AveBloomington, IN 47408
close
View Me
close
View Me
from $750Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
close
View Me
close
View Me
from $9001 to 3 Bedroom Apartments Available Now
The Crossing at Pete Ellis
3112 E Braeside DrBloomington, IN 47408
close
View Me
from $9451 to 2 Bedroom Apartments Available Aug 22
185 - COUNTRY VIEW APARTMENTS
388 Country View CtMartinsville, IN 46151
close
View Me
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.
107 S Church St
BrooklynIN46111
4241 W Whiteland Rd
BargersvilleIN46106
Showing Results 1-11, Page 1 of 1
Morgantown, IN Local Guide
Morgantown Town Hall by Vmenkov is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Morgantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgantown Studio Apartments | $1,111 | $299 | $1,374 |
| Morgantown 1 Bedroom Apartments | $1,214 | $730 | $2,580 |
| Morgantown 2 Bedroom Apartments | $1,416 | $850 | $2,734 |
| Morgantown 3 Bedroom Apartments | $1,845 | $945 | $2,835 |
| Morgantown 4 Bedroom Apartments | $2,176 | $1,600 | $3,499 |
Browse Top Apartments in Morgantown
See all Apartments in MorgantownExplore Morgantown
Morgantown, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Morgantown Apartments for Rent and Nearby
The cheapest available apartment rental in Morgantown, IN is a Studio unit found at 60 On The Square: A place live and work. priced from $299. Kingston Manor in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Morgantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 60 On The Square: A place live and work. | Private Office Suites | Studio, | $299 |
| Kingston Manor | 1 Bedroom | 1BR,1BA | $730 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $790 |
| Cedargate | Studio Standard | Studio,1BA | $800 |
Best Value Apartments for Rent in Morgantown, IN and Nearby
As of June 14, 2025 the best value apartment in the Morgantown area is the $1.02 price per square foot Palladium Model at Copper Chase at Stones Crossing in the in the Barton Lakes neighborhood starting from $1,403. The second greatest value Morgantown apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for Morgantown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copper Chase at Stones Crossing | Palladium | 2BR,2BA | $1.02 |
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
| Brixin Franklin | D1r | 3BR,2BA | $1.13 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.15 |
| THIRD | THIRD - The Knight - Bedroom A w/ Attached Bath... | 3BR,2BA | $0.54 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.13 |
| Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.24 |
| The Row Apartments | The Picket | 2BR,1BA | $1.35 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
| Kingston Manor | 1 Bedroom | 1BR,1BA | $1.30 |
Quick 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.
Let everyone know!
Do you know the Morgantown area?
If you’re an expert on all things Morgantown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleMorgantown, IN
Ranked #38
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morgantown, IN Rentals by Map
See the most popular apartments and homes in Morgantown, IN
Morgantown, IN Apartments MapMorgantown, IN Rental Homes MapGetting Around Morgantown, IN
Walk Score®
11 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
20 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 60 On The Square: A place live and work. listed at $299.
How much is rent for a Cheap One Bedroom Morgantown Apartment?
The lowest price for a Cheap One Bedroom Morgantown Apartment is $730 at Kingston Manor.
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 $850 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 Brixin Franklin and starts from $1,499.
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.
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.
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.
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.
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.