Cheap Homes for Rent in Morristown, IN from $600 (12 Rentals)

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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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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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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. Willowood East in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. 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
Willowood EastOne Bed One Bath1BR,1BA$820
StonehengeStudioStudio,1BA$824
Spanish OaksStudioStudio,1BA$829
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899

Best Value Apartments for Rent in Morristown, IN and Nearby

As of June 17, 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 The Voyager 3 BR 2 BA Model at Latitudes Apartments starting at $1,695 with a $1.31 price per square foot in the Southeast Indianapolis neighborhood. 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
Latitudes ApartmentsThe Voyager 3 BR 2 BA3BR,2BA$1.31
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
CrosswindsWright3BR,1.5BA$1.33
Country Lake TownhomesThe Prince2BR,1.5BA$1.40
Cedar Ridge2 Bedroom Apartment.2BR,1.5BA$1.39
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.07
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.08
Washington Village ApartmentsThe Colonial1BR,1BA$1.40

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Frequently Asked Questions about Morristown

What type of rentals are currently available in Morristown?

There are currently 43 Apartments for Rent in Morristown, IN with pricing that ranges from $645 to $2,983. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morristown ranging from $625 to $2,665.

What is the current price range for Rental Homes in Morristown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Morristown ranges from $625 to $2,665 with an average monthly rent of $1,636.

How much are larger Three and Four Bedroom Rentals in Morristown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Morristown range from $1,225 to $2,915, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,635 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $1,581.

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.