Cheap Apartments for Rent in Morristown, IN from $400 (29 Rentals)

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

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

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4881 300W

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Navigating the Rental Market: Tips for First-Time Renters

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English Village
1 to 2 Bedroom Apartments

English Village

545 English Village DrIndianapolis, IN 46239
Showing Results 1-29, Page 1 of 1

Morristown, IN Local Guide

Cheapest Available Morristown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morristown, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $470. Stonehenge in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $824. Here is today’s list of the most affordable Morristown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
StonehengeStudioStudio,1BA$824
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899
Freeman Apartments LLCThe Coltrane1BR,1BA$920
Vineyards Apartments1 Bedroom Apartment1BR,1BA$924
Spanish OaksStudioStudio,1BA$950
Loper Commons.One Bedroom Apartment II1BR,1BA$966
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1,009
Warren Harbor ApartmentsThe Letterman1BR,1BA$1,025
Knoll Ridge Townhomes & Apartments1 Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Morristown, IN and Nearby

As of June 10, 2025 the best value apartment in the Morristown area is the $1.33 price per square foot HARMONY Model at Sandalwood in the starting from $1,995. The second greatest value Morristown apartment is the Meadowood Model at Redwood Greenfield starting at $1,874 with a $1.41 price per square foot . Here is today’s list of the best values for Morristown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SandalwoodHARMONY3BR,2BA$1.33
Redwood GreenfieldMeadowood2BR,2BA$1.41
Latitudes ApartmentsThe Voyager 3 BR 2 BA3BR,2BA$1.34
Washington Village ApartmentsThe Estate3BR,2BA$1.18
Country Lake TownhomesThe Prince2BR,1.5BA$1.40
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.05
Warren Harbor ApartmentsThe Walker2BR,2BA$1.42
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.21
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$1.40

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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Pet Friendly Lifestyle
Morristown, IN

Ranked #100

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Morristown, IN Rentals by Map

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See the most popular apartments and homes in Morristown, IN

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Getting Around Morristown, IN

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Morristown Apartments

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

The lowest price for a Cheap One Bedroom Morristown Apartment is $470 at LINCOLN PARK APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Morristown is starting from $780 at LINCOLN PARK APARTMENTS.

What is the most affordable Morristown Three Bedroom Apartment?

The best deal on a cheap Morristown Three Bedroom Apartment rental is at The Life at Belhaven Place and starts from $1,387.

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.