
Cheap Apartments for Rent in Morgantown, IN from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Morgantown.


Ashmore Trace

Woodbridge of Bloomington

Polo Run Apartments

The Crossing at Pete Ellis

185 - COUNTRY VIEW APARTMENTS

Courts of Valle Vista

The Fairways at Valle Vista

263-269 N Lehr Dr

107 S Church St

171 E Washington St

489 E Harrison St

199 N Mulberry St

41 Pine Dr

869 S Cherry St

4241 W Whiteland Rd
Morgantown, IN Local Guide

How much does it cost to rent an apartment in Morgantown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Morgantown Studio Apartments | $1,202 | $750 | $1,394 |
Morgantown 1 Bedroom Apartments | $1,195 | $846 | $2,433 |
Morgantown 2 Bedroom Apartments | $1,374 | $920 | $2,806 |
Morgantown 3 Bedroom Apartments | $1,770 | $1,125 | $3,692 |
Morgantown 4 Bedroom Apartments | $1,710 | $1,710 | $1,710 |
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Morgantown, IN Local Guide
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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. The Crossing at Pete Ellis in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Morgantown apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Waterbury Apartments | Studio | Studio,1BA | $750 |
The Crossing at Pete Ellis | 1 Bedroom with Loft | 1BR,1BA | $875 |
Cedargate | One Bed One Bath | 1BR,1BA | $899 |
Courts of Valle Vista | 1Bd/1Ba-Dn (BV) | 1BR,1BA | $1,014 |
Westminster Apartments and Townhomes | Buckingham | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Morgantown, IN and Nearby
As of April 02, 2025 the best value apartment in the Morgantown area is the $1.16 price per square foot L3-SUN Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $2,200. The second greatest value Morgantown apartment is the 88 Westview Pl Model at 88 Westview Pl starting at $1,749 with a $1.32 price per square foot in the Dawsons neighborhood. Here is today’s list of the best values for Morgantown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Links at Franklin | L3-SUN | 3BR,2BA | $1.16 |
88 Westview Pl | 88 Westview Pl | 3BR,2BA | $1.32 |
Brixin Franklin | D1r | 3BR,2BA | $1.20 |
Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.14 |
1335 Grand Canyon Cir | 1335 Grand Canyon Cir | 3BR,2BA | $1.33 |
THIRD | THIRD - The Knight - Bedroom A w/ Attached Bath... | 3BR,2BA | $0.54 |
Polo Run Apartments | The Shire 2 BR 2 BA | 2BR,2BA | $1.32 |
Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.19 |
Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.16 |
The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
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Pet Friendly LifestyleMorgantown, IN
Ranked #77
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $875 at The Crossing at Pete Ellis.
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 $950 at The Crossing at Pete Ellis.
What is the most affordable Morgantown Three Bedroom Apartment?
The best deal on a cheap Morgantown Three Bedroom Apartment rental is at Community Place and starts from $1,430.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.