Cheap Apartments for Rent in Morrison, IA from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Morrison.

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.

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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1637 Carriage Hill Dr
2 Bedroom Apartments

1637 Carriage Hill Dr

1637 Carriage Hill DrWaterloo, IA 50701
  • Utilities Included
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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Morrison, IA Local Guide

Cheapest Available Morrison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morrison, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Morrison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College HillPrivate 1-Bedroom Apartment in a Spacious 4-Bed...4BR,1BA$295
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
University Manor1 BR/ 1 BA (Sept'25 )1BR,1BA$770
Edgemont Park Apartments1 Bedroom Efficiency @ Edgemont ParkStudio,1BA$795
1150 Home Park Blvd2BR/1.0BA2BR,1BA$800

Best Value Apartments for Rent in Morrison, IA and Nearby

As of June 09, 2025 the best value apartment in the Morrison area is the $0.70 price per square foot 3 Bed 2 Bath Model at Pheasant Hollow Apartments in the starting from $1,000. The second greatest value Morrison apartment is the 2 Bed / 2 Bath - Available Now! Model at Meadowbrook Apartments starting at $1,295 with a $1.23 price per square foot . Here is today’s list of the best values for Morrison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Hollow Apartments3 Bed 2 Bath3BR,2BA$0.70
Meadowbrook Apartments2 Bed / 2 Bath - Available Now!2BR,2BA$1.23
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Hawkeye Towers3/2.003BR,2BA$0.50
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.90
Gold Falls Villa Apartments2BR/1 Bath2BR,1BA$1.04
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.03
University Manor1 BR/ 1 BA (Sept'25 )1BR,1BA$1.26
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.11

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Morrison, IA Rentals by Map

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Getting Around Morrison, IA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Morrison Apartments

What is the Cheapest Studio apartment in Morrison?

Currently the most affordable Cheap Studio Apartment in Morrison is at Edgemont Park Apartments listed at $795.

How much is rent for a Cheap One Bedroom Morrison Apartment?

The lowest price for a Cheap One Bedroom Morrison Apartment is $675 at Meadow Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Morrison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Morrison is starting from $525 at Residences on College Hill.

What is the most affordable Morrison Three Bedroom Apartment?

The best deal on a cheap Morrison Three Bedroom Apartment rental is at Meadow Ridge Apartments and starts from $850.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.