
Cheap Apartments for Rent in Morgantown, KY from $460 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Morgantown.


452 Logansport Rd

Total Monthly Price
Muse Bowling Green

CEDARGATE APARTMENTS

River Valley Apartments

Total Monthly Price
Western Green

Covington Station

Greenhaven Apartments ALL UTILITIES PAID!

Studio Apartments - All Utilities Included
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Royal Arms of Bowling Green

Cameron Park Apartments

Total Monthly Price
Hillview Commons

The Enclave

Walnut Creek Apartments

Lynnwood Apartments

Ogden Place Apartments

Ewing Point at Mount Victor

Keystone Commons (SoKy Rentals)
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

269 Old Porter Pike

Covington Oaks

Total Monthly Price
The Emerson

Fairview Gables

Hillview Flats

The Southern Apartments

Fairways at Hartland

The Ridge at Walnut Valley

Waterford
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

845 1/2 E 10th Ave

Thames Valley

1607 & 1720 US 31W Bypass

Moss View

705 Woodford Ave

1454 Indianola St

923 E 14th Ave

Riverwood Flats

North Pointe Apartment Homes
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.

Oxford Square

355 Hillview Mills

Keystone Commons/ 2154

216 Amy Ct

5294 Bakers Springs St

122 Westwood Cir

1404 High St

195 Creekwood Ave

Bakers Springs
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.

610 Cabell Dr
Morgantown, KY Local Guide

How much does it cost to rent an apartment in Morgantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgantown Studio Apartments | $792 | $460 | $999 |
| Morgantown 1 Bedroom Apartments | $1,007 | $640 | $2,650 |
| Morgantown 2 Bedroom Apartments | $1,064 | $565 | $1,870 |
| Morgantown 3 Bedroom Apartments | $1,354 | $625 | $2,398 |
| Morgantown 4 Bedroom Apartments | $865 | $475 | $1,600 |
Browse Top Apartments in Morgantown
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Morgantown, KY Local Guide
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Cheapest Available Morgantown Apartments for Rent and Nearby
 The cheapest available apartment rental in Morgantown, KY is a Studio unit found at The Crown Apartments in the Downtown Bowling Green neighborhood priced from $460. Muse Bowling Green in the Downtown Bowling Green neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $637. Here is today’s list of the most affordable Morgantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crown Apartments | 4BR, 4B - Private Bedroom & Bathroom | Studio,4BA | $460 |
| Muse Bowling Green | 4BR/2.5BA - Vaughn | 4BR,2BA | $637 |
| River Valley Apartments | 1bd/1ba small w/LVP - First Floor | 1BR,1BA | $665 |
| Western Green | One Bedroom | 1BR,1BA | $685 |
| Studio Apartments - All Utilities Included | One Bed x One Bath | 1BR,1BA | $750 |
| Greenhaven Apartments ALL UTILITIES PAID! | One Bedroom Floor Plan | 1BR,1BA | $750 |
| Hillview Commons | 1/1 | 1BR,1BA | $825 |
| The Enclave | Cumberland | 1BR,1BA | $839 |
| Walnut Creek Apartments | Walnut Creek - 1/1 - 2nd floor | 1BR,1BA | $850 |
| Cameron Park Apartments | 2 Beds, 1 bath | 2BR,1BA | $875 |
Best Value Apartments for Rent in Morgantown, KY and Nearby
As of September 08, 2026 the best value apartment in the Morgantown area is the $0.46 price per square foot 4 Bedroom Model at 1240 Center St in the in the Downtown Bowling Green neighborhood starting from $669. The second greatest value Morgantown apartment is the The Walnut Model at The Ridge at Walnut Valley starting at $1,050 with a $0.98 price per square foot . 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. |
|---|---|---|---|
| 1240 Center St | 4 Bedroom | 4BR,2BA | $0.46 |
| The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $0.98 |
| Waterford | Two Bedrooms/One 1/2 Bath | 2BR,1.5BA | $1.00 |
| Keystone Commons/ 2154 | 2 BR Upstairs | 2BR,2BA | $1.02 |
| The Crown Apartments | 2br2b - private bedroom & bathrooms | 2BR,2BA | $0.67 |
| Hillview Flats | 2bd/2ba | 2BR,2BA | $1.10 |
| Cameron Park Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.97 |
| 269 Old Porter Pike | 2 Bedroom, 2.5 Bathrooms | 2BR,2.5BA | $1.00 |
| Walnut Creek Apartments | Walnut Creek - 1/1 - 2nd floor | 1BR,1BA | $1.07 |
| Greenhaven Apartments ALL UTILITIES PAID! | Two Bedroom Floor Plan | 2BR,1BA | $1.12 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Morgantown, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morgantown, KY Rentals by Map
See the most popular apartments and homes in Morgantown, KY
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 The Crown Apartments listed at $460.
How much is rent for a Cheap One Bedroom Morgantown Apartment?
The lowest price for a Cheap One Bedroom Morgantown Apartment is $665 at River Valley Apartments.
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 $797 at Muse Bowling Green.
What is the most affordable Morgantown Three Bedroom Apartment?
The best deal on a cheap Morgantown Three Bedroom Apartment rental is at Fairways at Hartland and starts from $1,161.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.