
Cheap Apartments for Rent in Morgantown, KY from $300 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Morgantown.


452 Logansport Rd

The Crown Apartments

Total Monthly Price
Muse Bowling Green

River Valley Apartments

CEDARGATE APARTMENTS

Western Green

Covington Station

Greenhaven Apartments ALL UTILITIES PAID!
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.

Studio Apartments - All Utilities Included

Royal Arms of Bowling Green

Cameron Park Apartments

Total Monthly Price
Hillview Commons

Walnut Creek Apartments

Lynnwood Apartments

The Enclave

Keystone Commons (SoKy Rentals)

Ewing Point at Mount Victor
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.

Thames Valley

1607 & 1720 US 31W Bypass

Moss View

1454 Indianola St

1625 Catherine Dr

199 Ricedale Cir

Riverwood Flats

1059 Fair St

923 E 14th Ave
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.

North Pointe Apartment Homes

Oxford Square

111 W 10th Ave

5294 Bakers Springs St

355 Hillview Mills

Keystone Commons

959 Potter Ave

Bakers Springs

1404 High 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.

1401 Collegeview 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 | $742 | $460 | $999 |
| Morgantown 1 Bedroom Apartments | $1,004 | $640 | $2,650 |
| Morgantown 2 Bedroom Apartments | $1,075 | $565 | $1,985 |
| Morgantown 3 Bedroom Apartments | $1,424 | $625 | $2,467 |
| Morgantown 4 Bedroom Apartments | $822 | $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. River Valley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. 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 |
| River Valley Apartments | 1bd/1ba small w/carpet - Second Floor | 1BR,1BA | $645 |
| Western Green | Studio / Eff unit | Studio,1BA | $700 |
| Greenhaven Apartments ALL UTILITIES PAID! | One Bedroom Floor Plan | 1BR,1BA | $750 |
| Studio Apartments - All Utilities Included | One Bed x One Bath | 1BR,1BA | $750 |
| Royal Arms of Bowling Green | 1x1 | 1BR,1BA | $800 |
| Cameron Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $815 |
| Hillview Commons | 1/1 | 1BR,1BA | $825 |
| Muse Bowling Green | 2BR/2BA - Moore | 2BR,2BA | $837 |
| Lynnwood Apartments | 2BR/1.0BA | 2BR,1BA | $875 |
Best Value Apartments for Rent in Morgantown, KY and Nearby
As of July 24, 2026 the best value apartment in the Morgantown area is the $0.91 price per square foot 3BR/3.0BA Model at Ogden Place Apartments in the in the Downtown Bowling Green neighborhood starting from $1,649. The second greatest value Morgantown apartment is the 2 Bedroom Model at Summerland Townhomes starting at $1,395 with a $1.00 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. |
|---|---|---|---|
| Ogden Place Apartments | 3BR/3.0BA | 3BR,3BA | $0.91 |
| Summerland Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| The Crown Apartments | 4BR, 4B - Private Bedroom & Bathroom | Studio ,4BA | $0.37 |
| The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $0.98 |
| Waterford | Two Bedrooms/One 1/2 Bath | 2BR,1.5BA | $1.00 |
| Walnut Creek Apartments | 2BR/1.0BA | 2BR,1BA | $0.95 |
| Hillview Flats | 2bd/2ba | 2BR,2BA | $1.10 |
| 269 Old Porter Pike | 2 Bedroom, 2.5 Bathrooms | 2BR,2.5BA | $1.00 |
| Royal Arms of Bowling Green | 1x1 | 1BR,1BA | $1.07 |
| Greenhaven Apartments ALL UTILITIES PAID! | One Bedroom Floor Plan | 1BR,1BA | $1.10 |
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 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 $645 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 $825 at Western Green.
What is the most affordable Morgantown Three Bedroom Apartment?
The best deal on a cheap Morgantown Three Bedroom Apartment rental is at Royal Arms of Bowling Green and starts from $1,200.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.