
Cheap Homes for Rent in Morgantown, KY from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Morgantown.


1454 Indianola St

199 Ricedale Cir

1407 Greenwood Alley

452 Logansport Rd

2119 Rock Creek Dr
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.

1059 Fair St

923 E 14th Ave

4496 Wilford Ln

5312 Bakers Spg St

1721 Highland Way

361 Hillview Mls Blvd
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.

622 Mcelwain Ct

5294 Bakers Springs St

1412 Magnolia St

604 Eastwood St

255 Audley Ave

261 Audley Ave
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.
Morgantown, KY 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 | $1,043 | $875 | $1,300 |
| Morgantown 3 Bedroom Homes for Rent | $1,627 | $1,210 | $2,500 |
| Morgantown 4 Bedroom Homes for Rent | $2,060 | $1,500 | $2,500 |
Browse Top Homes for Rent in Morgantown
Explore Morgantown
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 $665. 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/LVP | 1BR,1BA | $665 |
| 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 | $790 |
Best Value Apartments for Rent in Morgantown, KY and Nearby
As of May 08, 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 4BR/4.0BA Model at The Crown starting at $440 with a $0.31 price per square foot in the Downtown Bowling Green 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. |
|---|---|---|---|
| Fairview Gables | Fairview Gables - 2/2.5 TH W+D Addtl | 2BR,2.5BA | $1.02 |
| The Crown | 4BR/4.0BA | 4BR,4BA | $0.31 |
| Summerland Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Royal Arms of Bowling Green | 3x2 | 3BR,2BA | $1.00 |
| The Ariel - Beautifully Renovated! | Large 2 Bedroom with Den | 2BR,3BA | $1.01 |
| Waterford | Two Bedrooms/One 1/2 Bath | 2BR,1.5BA | $1.00 |
| 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 |
| 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 Morgantown
What type of rentals are currently available in Morgantown?
There are currently 47 Apartments for Rent in Morgantown, KY with pricing that ranges from $475 to $2,295. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgantown ranging from $750 to $2,500.
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 $750 to $2,500 with an average monthly rent of $1,286.
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 $615 to $2,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,210 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $475.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.