107 S Church St
BrooklynIN46111
Cheap Homes for Rent in Morgantown, IN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Morgantown.
4241 W Whiteland Rd
BargersvilleIN46106
1420 E Jefferson St
FranklinIN46131
1939 Mach Ln
FranklinIN46131
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.
120 Brookside Dr
New WhitelandIN46184
1975 Crescent St
FranklinIN46131
1057 Torino Ct
FranklinIN46131
206 N Grant St
EdinburghIN46124
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.
119 Northlane Dr
WhitelandIN46184
Showing Results 1-9, 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 a home in Morgantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgantown 2 Bedroom Homes for Rent | $1,350 | $1,050 | $1,650 |
| Morgantown 3 Bedroom Homes for Rent | $1,814 | $1,400 | $2,375 |
| Morgantown 4 Bedroom Homes for Rent | $2,402 | $2,000 | $3,499 |
| Morgantown 5 Bedroom Homes for Rent | $2,475 | $2,350 | $2,600 |
Browse Top Homes for Rent in Morgantown
Explore 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. Waterbury Apartments in the Tracy Commons neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. 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 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Cedargate | Studio Standard | Studio,1BA | $800 |
Best Value Apartments for Rent in Morgantown, IN and Nearby
As of June 04, 2025 the best value apartment in the Morgantown area is the $1.05 price per square foot Palladium Model at Copper Chase at Stones Crossing in the in the Barton Lakes neighborhood starting from $1,450. The second greatest value Morgantown apartment is the D1r Model at Brixin Franklin starting at $1,499 with a $1.13 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copper Chase at Stones Crossing | Palladium | 2BR,2BA | $1.05 |
| 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 |
| Hartshire Lakes Apartments | Hawthorn | 3BR,2BA | $1.30 |
| Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.22 |
| The Bristol Apartments | The Rennie | 2BR,2BA | $1.34 |
| The Row Apartments | The Picket | 2BR,1BA | $1.29 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
| Kingston Manor | 2 Bedroom | 2BR,1BA | $1.29 |
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
Frequently Asked Questions about Morgantown
What type of rentals are currently available in Morgantown?
There are currently 49 Apartments for Rent in Morgantown, IN with pricing that ranges from $299 to $2,935. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgantown ranging from $800 to $3,499.
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 $3,499 with an average monthly rent of $1,778.
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 $945 to $2,853, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,375. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,650.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.