
Cheap Homes for Rent in Downtown Morgantown Neighborhood of Morgantown, WV from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Morgantown area of Morgantown.


711 Beechurst Ave

389 Falling Run Rd

679 Spruce St

420 High St, Unit 202
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.

538 Brockway Ave

141 Bradley St

151 Bradley St

525 Grant Ave, Unit 101

37 Pierce 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.
Downtown Morgantown, Morgantown, WV Local Guide

How much does it cost to rent a home in Downtown Morgantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Morgantown 2 Bedroom Homes for Rent | $1,350 | $1,075 | $2,000 |
| Downtown Morgantown 3 Bedroom Homes for Rent | $1,582 | $1,050 | $2,100 |
| Downtown Morgantown 4 Bedroom Homes for Rent | $2,011 | $1,250 | $3,000 |
| Downtown Morgantown 5 Bedroom Homes for Rent | $550 | $550 | $550 |
| Downtown Morgantown 6 Bedroom Homes for Rent | $4,080 | $4,080 | $4,080 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Morgantown Neighborhood of Morgantown, WV.
Explore Morgantown
Cheapest Available Downtown Morgantown Apartments for Rent
 The cheapest available apartment rental in the Downtown Morgantown area of Morgantown, WV is a 2 Beds unit found at Apartments on Grant | Student Housing priced from $600. 132 Simpson St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Downtown Morgantown apartments for rent in Morgantown, WV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apartments on Grant | Student Housing | 2 Bedroom | 2BR,1BA | $600 |
| 132 Simpson St | 1 bed | 1BR,1BA | $650 |
| 458 High St | 1 Bedroom | 1BR,1BA | $675 |
Best Value Apartments for Rent in Downtown Morgantown, WV
As of May 17, 2026 the best value apartment in the Downtown Morgantown area is the $0.50 price per square foot 130 Cornell Ave Model at 130 Cornell Ave, Unit 2 in the in the Downtown Morgantown neighborhood starting from $1,000. The second greatest value Downtown Morgantown apartment is the 225 Jones Ave Model at 225 Jones Ave, Unit 2 starting at $1,400 with a $0.70 price per square foot in the Downtown Morgantown neighborhood. Here is today’s list of the best values for Downtown Morgantown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 130 Cornell Ave, Unit 2 | 130 Cornell Ave | 2BR,2.5BA | $0.50 |
| 225 Jones Ave, Unit 2 | 225 Jones Ave | 4BR,2BA | $0.70 |
| 774 Weaver St, Unit 774-1 Weaver | 774 Weaver St | 2BR,1BA | $0.83 |
| Blackburn Building | Student Apartments | 3 Bedroom | 3BR,1BA | $0.59 |
| Apartments on Grant | Student Housing | 2 Bedroom | 2BR,1BA | $0.67 |
| 32 Baird St | Two bedroom | 2BR,2BA | $0.77 |
| 132 Simpson St | 1 bed | 1BR,1BA | $0.81 |
| 444 High St | 2bd | 2BR,1BA | $0.91 |
| 384 Forest Ave, Unit 1 | 384 Forest Ave | 1BR,1BA | $0.63 |
| Courtyard West | 2 Bedroom/1 Bathroom | 2BR,1BA | $0.75 |
Frequently Asked Questions about Downtown Morgantown
What type of rentals are currently available in Downtown Morgantown?
There are currently 191 Apartments for Rent in Downtown Morgantown, WV with pricing that ranges from $500 to $6,603. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Morgantown ranging from $550 to $4,080.
What is the current price range for Rental Homes in Downtown Morgantown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Morgantown ranges from $550 to $4,080 with an average monthly rent of $1,714.
How much are larger Three and Four Bedroom Rentals in Downtown Morgantown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Morgantown range from $959 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,400.
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.