Cheap Apartments for Rent in Morgantown, IN
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Apartments For Rent Near Morgantown, IN
We found 30 more apartments matching your filters just outside Morgantown
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$550 - $4,895/mo
5-7 Beds
3 Baths628 University - 7-bed/3-bath - Brand new flooring! | 628 E University St #68409a42c,
Bloomington, IN 47401
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$690 - $750/moStudio1 BathPark North Apartments | 2622 N Walnut St #0B-1Ba-240Sqft,
Bloomington, IN 47408
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NEW - 1 DAY AGO
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Average Rent Trends in Morgantown, IN
Rent in Morgantown, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $850 |
| Jul 2025 | $850 |
| Aug 2025 | $850 |
| Sep 2025 | $2,100 |
| Oct 2025 | $2,100 |
| Nov 2025 | $2,100 |
| Dec 2025 | $1,100 |
| Jan 2026 | $1,300 |
| Feb 2026 | $1,200 |
| Mar 2026 | $2,000 |
| Apr 2026 | $1,175 |
| May 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $2,100 | $1,975 | — | $2,100 |
| Apartments and Condos | — | $1,000 | — | — | $1,000 |
| Houses | — | $2,100 | $1,975 | — | $2,100 |
Frequently Asked Questions about Rentals in Morgantown, IN
- What is the average rent of an apartment in Morgantown, IN?The average rent of an apartment in Morgantown, IN is $1,000 per month. This is about 48% lower than the national average.
- What is the average rent of a house in Morgantown, IN?The average rent of a house in Morgantown, IN is $2,100 per month. This is about 9% higher than the national average.
- When is the average rent cheapest in Morgantown, IN?In the last year, the average rent in Morgantown, IN was lowest in May 2025 when it was $850 per month.
- When is the average rent most expensive in Morgantown, IN?In the last year, the average rent in Morgantown, IN was highest in Apr 2025 when it was $2,500 per month.
- How many available rental listings are in Morgantown, IN?There are 4 available rental listings in Morgantown, IN.
- What are some zip codes in Morgantown, IN?Morgantown, IN includes zip codes such as: 46160.
- What are some cities near Morgantown, IN?Some nearby cities include: Trafalgar, Princes Lakes, Unionville, Nineveh, Martinsville. These cities may have more rental options to explore.