171 E Washington St
MartinsvilleIN46151
Cheap Homes for Rent in Morgantown, IN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Morgantown.
107 S Church St
BrooklynIN46111
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.
648 N Main St
FranklinIN46131
4241 W Whiteland Rd
BargersvilleIN46106
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.
1410 E Jefferson St
FranklinIN46131
148 E Center Dr
MooresvilleIN46158
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1199 Hospital Rd
FranklinIN46131
1939 Mach Ln
FranklinIN46131
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Morgantown, IN Local Guide
Morgantown Town Hall by Vmenkov is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Morgantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgantown 2 Bedroom Homes for Rent | $1,225 | $1,050 | $1,400 |
| Morgantown 3 Bedroom Homes for Rent | $1,698 | $1,250 | $2,320 |
| Morgantown 4 Bedroom Homes for Rent | $2,622 | $2,125 | $3,499 |
| Morgantown 5 Bedroom Homes for Rent | $2,615 | $2,450 | $2,795 |
Browse Top Homes for Rent in Morgantown
Explore Morgantown
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 60 On The Square: A place live and work. priced from $299. Waterbury Apartments in the Tracy Commons neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Morgantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 60 On The Square: A place live and work. | Private Office Suites | Studio, | $299 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Polo Run Apartments | The Morgan 1 BR 1 BA | 1BR,1BA | $858 |
Best Value Apartments for Rent in Morgantown, IN and Nearby
As of May 11, 2025 the best value apartment in the Morgantown area is the $1.27 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $2,095. The second greatest value Morgantown apartment is the Rosewood Model at Auburn Place Apartments starting at $1,617 with a $1.11 price per square foot in the Tracy Commons 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. |
|---|---|---|---|
| Mansfield Village Townhomes | 3 Bedroom 2.5 Bath Townhome | 3BR,2.5BA | $1.27 |
| Auburn Place Apartments | Rosewood | 3BR,1.5BA | $1.11 |
| Copper Chase at Stones Crossing | Palladium | 2BR,2BA | $1.03 |
| Arbor at Water's Edge | 3BR Downstairs | 3BR,2BA | $1.20 |
| THIRD | THIRD - The Knight - Bedroom A w/ Attached Bath... | 3BR,2BA | $0.54 |
| Hartshire Lakes Apartments | Hawthorn | 3BR,2BA | $1.33 |
| Park Madison Apartments | 2x2 | 2BR,2BA | $0.93 |
| Emerald Lakes | Waterford | 2BR,2BA | $1.36 |
| St. Andrews | 2Bd/2Ba T | 2BR,2BA | $1.36 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
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Frequently Asked Questions about Morgantown
What type of rentals are currently available in Morgantown?
There are currently 48 Apartments for Rent in Morgantown, IN with pricing that ranges from $299 to $2,926. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgantown ranging from $800 to $3,499.
What is the current price range for Rental Homes in Morgantown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morgantown ranges from $800 to $3,499 with an average monthly rent of $1,655.
How much are larger Three and Four Bedroom Rentals in Morgantown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Morgantown range from $1,150 to $2,926, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,320. Four Bedroom Single-Family rentals are also available starting from $2,125 and Four Bedroom Apartments start at $1,720.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.