3

Morgantown, KY Condos for Rent

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  • /9

    $895 Per Month

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 167 Glen Hill Drive - Duplex

    167-Cs-1017 Cs-1017 Unit 167, Morgantown, KY 42261

    Nice 2-bed, 1 bath duplex apartment in a very private and quiet neighborhood in Morgantown Kentucky. Renovated and ready for next lucky tenant.

    167-Cs-1017 Cs-1017 Unit 167, Morgantown, KY 42261
  • /8

    $775 Per Month

    • 1 Bed
    • 1 Bath
    • 610 Sq Ft
    • Condo for Rent

    204 N Warren St Unit 3, Morgantown, KY 42261

    Completely remodeled 1 Bed/ 1 Bath apartment right in the heart of Morgantown Kentucky. Convenient to everything, fresh paint, new flooring, & so much more. Owner supplies water & sewer and trash service

    204 N Warren St Unit 3, Morgantown, KY 42261
  • /9

    $750 Per Month

    • 1 Bed
    • 1 Bath
    • 610 Sq Ft
    • Condo for Rent

    204 N Warren St Unit 8, Morgantown, KY 42261

    Completely remodeled 1 Bed/ 1 Bath apartment in Green Acres Apartments in Morgantown Kentucky. Very nice and quiet complex.

    204 N Warren St Unit 8, Morgantown, KY 42261

Frequently Asked Questions

How much does it cost to rent a condo in Morgantown, KY?
The median rent for a condo in Morgantown, KY is $750 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Morgantown, KY?
To comfortably afford the median rent in Morgantown, KY, a household needs to earn roughly $30,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $750 per month in Morgantown, KY, renters typically need to show $2,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Morgantown, KY?
In Morgantown, KY, the price-to-rent ratio is 19.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Morgantown, KY are best for renting a condo?
The best neighborhood for renting in Morgantown, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Lost River, Downtown Bowling Green and Briarwood Manor, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$750
Median 1 Bedroom Condo Rent
$750
How to Rent a Home