
Cheap Apartments for Rent in Morgantown, KY from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Morgantown.


452 Logansport Rd

River Valley Apartments

CEDARGATE APARTMENTS

Total Monthly Price
Muse Bowling Green

Western Green

Covington Station

Royal Arms of Bowling Green

Greenhaven Apartments ALL UTILITIES PAID!
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.

Cameron Park Apartments

Hillview Commons

Riverwood Flats

Walnut Creek Apartments

Lynnwood Apartments

The Enclave

Ewing Point at Mount Victor

Keystone Commons (SoKy Rentals)

269 Old Porter Pike
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.

Covington Oaks

The Ridge at Walnut Valley

Fairways at Hartland

Total Monthly Price
The Emerson

Fairview Gables

The Southern Apartments

Waterford

Thames Valley

1607 & 1720 US 31W Bypass
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Moss View

1454 Indianola St

1449 Kenton St

1059 Fair St

923 E 14th Ave

North Pointe Apartment Homes

Oxford Square

1044 Fair St

2136 Rock Creek Dr
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.

109 Hillridge Ct

199 Ricedale Cir

361 Hillview Mls Blvd

355 Hillview Mills

5312 Bakers Spg St

5294 Bakers Springs St

Keystone Commons

Bakers Springs

604 Eastwood St
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.

4496 Wilford Ln
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 | $737 | $645 | $999 |
| Morgantown 1 Bedroom Apartments | $987 | $630 | $2,650 |
| Morgantown 2 Bedroom Apartments | $1,109 | $565 | $1,942 |
| Morgantown 3 Bedroom Apartments | $1,313 | $615 | $2,471 |
| Morgantown 4 Bedroom Apartments | $789 | $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 4 Beds unit found at Registry at Bowling Green in the Downtown Bowling Green neighborhood priced from $475. 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 |
|---|---|---|---|
| Registry at Bowling Green | 4X4 | 4BR,4BA | $475 |
| River Valley Apartments | 1bd/1ba small w/carpet - Second Floor | 1BR,1BA | $645 |
| CEDARGATE APARTMENTS | Studio 1 Bathroom | Studio,1BA | $655 |
| Western Green | Studio / Eff unit | Studio,1BA | $700 |
| Greenhaven Apartments ALL UTILITIES PAID! | One Bedroom Floor Plan | 1BR,1BA | $750 |
| Cameron Park Apartments | 1 Bed, 1 bath | 1BR,1BA | $815 |
| Hillview Commons | 1/1 | 1BR,1BA | $825 |
| Riverwood Flats | 1 Bed | 1BR,1BA | $850 |
| Lynnwood Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| The Enclave | Cumberland | 1BR,1BA | $859 |
Best Value Apartments for Rent in Morgantown, KY and Nearby
As of June 09, 2026 the best value apartment in the Morgantown area is the $1.02 price per square foot Fairview Gables - 2/2.5 TH W+D Addtl Model at Fairview Gables in the in the Downtown Bowling Green neighborhood starting from $1,525. 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. |
|---|---|---|---|
| Fairview Gables | Fairview Gables - 2/2.5 TH W+D Addtl | 2BR,2.5BA | $1.02 |
| Summerland Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Creason Grove Apartments | Creason Grove- 2/2- PROMO | 2BR,2BA | $1.10 |
| Waterford | Two Bedrooms/One 1/2 Bath | 2BR,1.5BA | $1.00 |
| Walnut Creek Apartments | Walnut Creek - 2/1 Premium - (promo) | 2BR,1BA | $1.12 |
| The Ridge at Walnut Valley | The Willow | 1BR,1BA | $1.00 |
| 269 Old Porter Pike | 2 Bedroom, 2.5 Bathrooms | 2BR,2.5BA | $1.00 |
| Midtown at WKU | Hazelton II | 2BR,2BA | $0.88 |
| Riverwood Flats | 1 Bed | 1BR,1BA | $1.10 |
| 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 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 CEDARGATE APARTMENTS listed at $655.
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 $815 at Greenhaven Apartments ALL UTILITIES PAID!.
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 $1,223.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.