Cheap Apartments for Rent in Morrison, IA from $300 (38 Rentals)

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

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.

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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.

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

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

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.

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Pointe West Apartments
1 to 3 Bedroom Apartments

Pointe West Apartments

1901 W 18th StCedar Falls, IA 50613
Corporate Housing
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The Urban Flats
Studio to 4 Bedroom Apartments

The Urban Flats

917 W 23rd StCedar Falls, IA 50613
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2557 W 3rd St
2 Bedroom Apartments

2557 W 3rd St

2557 W 3rd StWaterloo, IA 50701
  • Smoke Free

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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Showing Results 1-38, Page 1 of 1

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 The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Morrison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Brookside ApartmentsOne-Bedroom Apartment1BR,1BA$650
Gold Falls Villa Apartments1 BR/ 1 Bath1BR,1BA$715
Kingswood PlaceKingswood 1 Bed/1 Bath1BR,1BA$795
Falls Edge StudiosStudio B REVStudio,1BA$800
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$815
Pheasant Hollow Apartments3 Bed 1 Bath3BR,1BA$850
Edgemont Park ApartmentsOne Bedroom Apartment With Poolside Balcony At ...1BR,1BA$915
Leavitt Park Apartments - Waterloo, IA***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...2BR,1BA$920

Best Value Apartments for Rent in Morrison, IA and Nearby

As of June 10, 2026 the best value apartment in the Morrison area is the $0.61 price per square foot 3 Bed 1 Bath Model at Pheasant Hollow Apartments in the starting from $850. The second greatest value Morrison apartment is the 3BR/1.0BA Model at 2311 Olive St starting at $995 with a $0.90 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 1 Bath3BR,1BA$0.61
2311 Olive St3BR/1.0BA3BR,1BA$0.90
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.42
Meadowbrook Apartments2 Bed / 2 Bath - Available Now!2BR,2BA$1.23
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
Kingswood Place ApartmentsKingswood 1 Bed/1 Bath1BR,1BA$1.08
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$1.27
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02

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.

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Real 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.

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Quick 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.

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

Explore Morrison, IA Rentals by Map

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See the most popular apartments and homes in Morrison, IA

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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 Falls Edge Studios listed at $800.

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

The lowest price for a Cheap One Bedroom Morrison Apartment is $625 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 $775 at Meadow Ridge Apartments.

What is the most affordable Morrison Three Bedroom Apartment?

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

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.

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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.