Cheap Apartments for Rent in Morristown, IN from $400 (34 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

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

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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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Showing Results 1-34, 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. Vita of Greenfield Independent Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. 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
Vita of Greenfield Independent LivingOne Bed - 671 Sqft1BR,1BA$610
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Vineyards ApartmentsStudio ApartmentStudio,1BA$721
Spanish OaksStudioStudio,1BA$799
Bristol Square1 Bedroom Loft1BR,1BA$860
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$889
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899
Loper CommonsOne Bedroom Apartment II1BR,1BA$966

Best Value Apartments for Rent in Morristown, IN and Nearby

As of July 26, 2025 the best value apartment in the Morristown area is the $1.30 price per square foot Aspen Model at Meridian Homes at Sycamore Drive in the in the Oakland Hills at Geist neighborhood starting from $2,530. The second greatest value Morristown apartment is the HARMONY Model at Sandalwood starting at $1,695 with a $1.13 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.
Meridian Homes at Sycamore DriveAspen4BR,2.5BA$1.30
SandalwoodHARMONY3BR,2BA$1.13
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.68
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.09
Warren Harbor ApartmentsThe Walker2BR,2BA$1.37
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Vita of Greenfield Independent LivingTwo Bed - 874 Sqft2BR,1BA$0.91
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
116 Chestnut St, Unit 120 Chestnut apt 8116 Chestnut St1BR,1BA$1.29

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Morristown, IN

Ranked #40

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

What is the Cheapest Studio apartment in Morristown?

Currently the most affordable Cheap Studio Apartment in Morristown is at LINCOLN PARK APARTMENTS listed at $645.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.