171 E Washington St
MartinsvilleIN46151
Cheap Homes for Rent in Morgantown, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Morgantown.
489 E Harrison St
MartinsvilleIN46151
41 Pine Dr
MartinsvilleIN46151
107 S Church St
BrooklynIN46111
869 S Cherry St
MartinsvilleIN46151
4241 W Whiteland Rd
BargersvilleIN46106
1199 Hospital Rd
FranklinIN46131
1410 E Jefferson St
FranklinIN46131
1420 E Jefferson St
FranklinIN46131
1975 Crescent St
FranklinIN46131
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.
130 N Jackson St
FranklinIN46131
1057 Torino Ct
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 | $1,350 | $1,050 | $1,950 |
| Morgantown 3 Bedroom Homes for Rent | $1,778 | $949 | $2,295 |
| Morgantown 4 Bedroom Homes for Rent | $2,268 | $2,100 | $2,550 |
| Morgantown 5 Bedroom Homes for Rent | $2,625 | $2,450 | $2,800 |
Browse Top Homes for Rent in Morgantown
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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. Polo Run Apartments in the Buffalo Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $805. 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 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $805 |
| 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 |
Best Value Apartments for Rent in Morgantown, IN and Nearby
As of April 21, 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 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. |
|---|---|---|---|
| The Links at Franklin | L3-SUN | 3BR,2BA | $1.16 |
| Auburn Place Apartments | Rosewood | 3BR,1.5BA | $1.11 |
| Arbor at Water's Edge | 4BR Downstairs | 4BR,2BA | $1.11 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.14 |
| THIRD | THIRD - The Knight - Bedroom A w/ Attached Bath... | 3BR,2BA | $0.54 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.07 |
| Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.19 |
| The Row Apartments | The Picket | 2BR,1BA | $1.29 |
| 185 - COUNTRY VIEW APARTMENTS | 2B/1L-WD | 2BR,1BA | $1.29 |
| 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 47 Apartments for Rent in Morgantown, IN with pricing that ranges from $749 to $3,361. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgantown ranging from $800 to $2,800.
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 $2,800 with an average monthly rent of $1,625.
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 $1,125 to $3,361, while Three Bedroom Homes, Condos, and Townhomes for rent range from $949 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,710.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.