Cheap Homes for Rent in Morgantown, KY from $700 (14 Rentals)

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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.

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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.

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Morgantown, KY Local Guide

Cheapest Available Morgantown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morgantown, KY is a 1 Bed unit found at River Valley priced from $675. Western Green in the Downtown Bowling Green neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Morgantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River ValleyOne Bed1BR,1BA$675
Western GreenStudio / Eff unitStudio,1BA$685
CEDARGATE APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$720
Royal Arms of Bowling Green1x11BR,1BA$800
Greenhaven Apartments ALL UTILITIES PAID!Two Bedroom Floor Plan2BR,1BA$815

Best Value Apartments for Rent in Morgantown, KY and Nearby

As of July 28, 2025 the best value apartment in the Morgantown area is the $1.02 price per square foot 3 Bedroom Model at Summerland Townhomes in the starting from $1,450. The second greatest value Morgantown apartment is the 2 Beds, 2 baths Model at Walnut Creek starting at $1,150 with a $1.05 price per square foot . Here is today’s list of the best values for Morgantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerland Townhomes3 Bedroom3BR,2.5BA$1.02
Walnut Creek2 Beds, 2 baths2BR,2BA$1.05
Riverwood Flats2 Bed2BR,2BA$0.95
The Ridge at Walnut ValleyThe Walnut2BR,2BA$0.84
WaterfordTwo Bedrooms/One 1/2 Bath2BR,1.5BA$1.00
Bakers Springs2 Bed/2 Baths2BR,2BA$1.05
Keystone Commons - 2184Dowsntairs 2 Bedroom2BR,2BA$1.02
269 Old Porter Pike2 Bedroom, 2.5 Bathrooms2BR,2.5BA$1.00
Keystone Commons - SoKy Rentals1 Bedroom1BR,1BA$1.06
Royal Arms of Bowling Green1x11BR,1BA$1.07

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Frequently Asked Questions about Morgantown

What type of rentals are currently available in Morgantown?

There are currently 46 Apartments for Rent in Morgantown, KY with pricing that ranges from $499 to $2,538. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgantown ranging from $725 to $2,800.

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 $725 to $2,800 with an average monthly rent of $1,620.

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 $850 to $2,538, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $499.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.