Cheap Apartments for Rent in Morgantown, IN from $600 (15 Rentals)

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

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Morgantown, IN Local Guide

Cheapest Available Morgantown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morgantown, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $750. Lofton in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Morgantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$750
LoftonLofton - Individual Lease - 2bed/2bath AVAILABL...1BR,2BA$800
Polo Run ApartmentsThe Palomino 1 BR 1 BA1BR,1BA$854
CedargateOne Bed One Bath1BR,1BA$899
Courts of Valle Vista1Bd/1Ba-Dn (BV)1BR,1BA$1,004

Best Value Apartments for Rent in Morgantown, IN and Nearby

As of March 01, 2025 the best value apartment in the Morgantown area is the $1.36 price per square foot The Concorde Model at The Bristol in the in the Airport District neighborhood starting from $1,890. The second greatest value Morgantown apartment is the 4BR Downstairs Model at Arbor at Water's Edge starting at $1,513 with a $1.11 price per square foot . Here is today’s list of the best values for Morgantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BristolThe Concorde2BR,2BA$1.36
Arbor at Water's Edge4BR Downstairs4BR,2BA$1.11
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.40
THIRDTHIRD - The Limestone II (2 Bed/2 Bath Premium)2BR,2BA$1.23
Park Madison Apartments2x2 R-Prem2BR,2BA$1.13
Auburn Place ApartmentsMerlot2BR,1.5BA$1.22
St. Andrews2Bd/2Ba T2BR,2BA$1.39
Brixin FranklinC1r2BR,2BA$1.37
The Row ApartmentsThe Picket2BR,1BA$1.35
Stonehedge ApartmentsThe Solis1BR,1BA$1.39

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Pet Friendly Lifestyle
Morgantown, IN

Ranked #73

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 Morgantown, IN Rentals by Map

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See the most popular apartments and homes in Morgantown, IN

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Getting Around Morgantown, IN

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 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 Morgantown Apartments

What is the Cheapest Studio apartment in Morgantown?

Currently the most affordable Cheap Studio Apartment in Morgantown is at Waterbury Apartments listed at $750.

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

The lowest price for a Cheap One Bedroom Morgantown Apartment is $800 at Lofton.

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

Today's best deal for a Cheap Two Bedroom Apartment in Morgantown is starting from $1,140 at Meadow Park.

What is the most affordable Morgantown Three Bedroom Apartment?

The best deal on a cheap Morgantown Three Bedroom Apartment rental is at The Row Apartments and starts from $1,324.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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