Cheap Apartments for Rent near Morrison, IA from $552 (44 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pointe West Apartments
1 to 3 Bedroom Apartments

Pointe West Apartments

1901 W 18th StCedar Falls, IA 50613
Corporate Housing

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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Elmcrest
2 Bedroom Apartments

Elmcrest

1706-1720 Waterloo RdCedar Falls, IA 50613
  • Utilities Included
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2311 Olive Street
2 to 4 Bedroom Apartments

2311 Olive Street

2311 Olive StCedar Falls, IA 50613
  • Smoke Free
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Urban Flats South
Studio to 4 Bedroom Apartments

Urban Flats South

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

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.

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 $299. 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-W/D In Unit4BR,1BA$299
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Brookside ApartmentsOne-Bedroom at our Brookside Apartments1BR,1BA$650
228 Spaces2nd Floor StudioStudio,1BA$795
Brentwood Estates ApartmentsBrentwood Unfurnished1BR,1BA$795
University Manor1 BR/ 1 BA (Aug '25)1BR,1BA$815
Gold Falls Villa Apartments2 BR/ 1 Bath Remodeled2BR,1BA$845
Edgemont Park ApartmentsOne Bedroom Apartment With Balcony At Top Rated...1BR,1BA$895
Thunder Ridge Apartments1 Bed/1 Bath Balcony1BR,1BA$920
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 September 08, 2026 the best value apartment in the Morrison area is the $1.00 price per square foot 2bed 2.5bath Model at 2105 Sky Line Dr in the starting from $1,600. The second greatest value Morrison apartment is the Private Bedroom in 4 Bed/2 Bath Student Apt Model at Elevate Apartments starting at $525 with a $0.46 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.
2105 Sky Line Dr2bed 2.5bath2BR,2.5BA$1.00
Elevate ApartmentsPrivate Bedroom in 4 Bed/2 Bath Student Apt4BR,2BA$0.46
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$1.00
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.50
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Prairie Rapids2bed/1bath2BR,1BA$1.15
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.05
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
The Residences on College Hill4 Bed 1 Bath-W/D In Unit4BR,1BA$0.33
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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!

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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 228 Spaces 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 $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 Pineview Place Apartments and starts from $1,220.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.