
Cheap Homes for Rent in Morgantown, IN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Morgantown.


107 S Church St

889 S Cherry St

251 E Madison St
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.

60 W Morgan St

1410 E Jefferson St

1479 S Main St

360-4 Walnut
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.

9455 Huggin Hollow Rd
Morgantown, IN Local Guide

How much does it cost to rent a home in Morgantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgantown 2 Bedroom Homes for Rent | $1,106 | $975 | $1,325 |
| Morgantown 3 Bedroom Homes for Rent | $1,691 | $1,095 | $2,600 |
| Morgantown 4 Bedroom Homes for Rent | $2,109 | $1,650 | $2,750 |
| Morgantown 5 Bedroom Homes for Rent | $2,747 | $2,700 | $2,795 |
Browse Top Homes for Rent in Morgantown
Explore Morgantown
Morgantown, IN Local Guide
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Cheapest Available Morgantown Apartments for Rent and Nearby
 The cheapest available apartment rental in Morgantown, IN is a Studio unit found at Clearview in the Tracy Commons neighborhood priced from $735. Lofton in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Morgantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clearview | The Bristol | Studio,1BA | $735 |
| Lofton | Lofton - Individual Lease/ Roommate Matching - ... | 1BR,2BA | $749 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in Morgantown, IN and Nearby
As of October 26, 2025 the best value apartment in the Morgantown area is the $1.05 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,000. The second greatest value Morgantown apartment is the Rosewood Model at Auburn Place Apartments starting at $1,540 with a $1.06 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. |
|---|---|---|---|
| The Links at Franklin | L3-SUN | 3BR,2BA | $1.05 |
| Auburn Place Apartments | Rosewood | 3BR,1.5BA | $1.06 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.26 |
| Emerald Lakes | Waterford | 2BR,2BA | $1.39 |
| Yorktowne Farms Community | 2 Bed 2.5 Bath Townhome | 2BR,2.5BA | $1.25 |
| Arbor at Water's Edge | 2BR Upstairs | 2BR,2BA | $1.18 |
| Devonshire Apartments | The Wellington Renovated | 2BR,2BA | $1.40 |
| Lofton | Lofton 2A - Sublease / Lease Release | 2BR,2BA | $1.42 |
| Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.28 |
| Brixin Franklin | C1r | 2BR,2BA | $1.37 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMorgantown, IN
Ranked #36
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!
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See the most popular apartments and homes in Morgantown, IN
Frequently Asked Questions about Morgantown
What type of rentals are currently available in Morgantown?
There are currently 54 Apartments for Rent in Morgantown, IN with pricing that ranges from $650 to $2,967. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgantown ranging from $800 to $2,795.
What is the current price range for Rental Homes in Morgantown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morgantown ranges from $800 to $2,795 with an average monthly rent of $1,554.
How much are larger Three and Four Bedroom Rentals in Morgantown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Morgantown range from $650 to $2,967, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,725.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.