Cheap Apartments for Rent in Morristown, IN from $400 (61 Rentals)

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

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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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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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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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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Showing Results 1-50, Page 1 of 2

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. Academy Place 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 Morristown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
StonehengeStudioStudio,1BA$749
403 E Washington St1BR/1.0BA1BR,1BA$750
Bavarian Village ApartmentsThe Villa StudioStudio,1BA$792
Spanish OaksStudioStudio,1BA$799
The Vineyards Apartment HomesStudio Apartment - ClassicStudio,1BA$819
LILAOne Bed - 671 Sqft1BR,1BA$830
Bristol Square1 Bedroom Loft1BR,1BA$860
Lake Marina ApartmentsThe Runabout1BR,1BA$899

Best Value Apartments for Rent in Morristown, IN and Nearby

As of December 10, 2025 the best value apartment in the Morristown area is the $0.93 price per square foot 2 Bed 1.5 Bath Model at Knightstown Villas in the starting from $975. The second greatest value Morristown apartment is the 2x2 60%csv Model at Reflections I starting at $1,199 with a $1.25 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.
Knightstown Villas2 Bed 1.5 Bath2BR,1.5BA$0.93
Reflections I2x2 60%csv2BR,1BA$1.25
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Water Dance Apartments2BR/1BA2BR,1BA$1.27
Academy Place Apartments2 BR 2 Bath2BR,1BA$0.94
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Washington Village ApartmentsThe Colonial1BR,1BA$1.24
116 Chestnut St, Unit 120 Chestnut apt 8116 Chestnut St1BR,1BA$1.29
403 E Washington St1BR/1.0BA1BR,1BA$1.25

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Bristol Square and starts from $1,225.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.