Rentometer, Inc. | Data as of 10/24/2025
Morgan County, Indiana, offers a diverse rental landscape that balances small‑town charm with convenient access to regional amenities. Tenants can choose from a range of housing options, from historic single‑family homes nestled near downtown Martinsville to modern apartment complexes that serve the growing student and professional populations. The county’s proximity to attractions such as Brown County State Park and the scenic White River corridor adds a recreational allure, making it an appealing destination for families, young professionals, and retirees alike.
Rental rates in Morgan County reflect the variety of available properties. One‑bedroom apartments typically command rents in the low $900s, with the median hovering around $950, offering affordable entry points for renters seeking convenience and community amenities. Larger family‑oriented homes are also well represented: three‑bedroom houses generally fall in the $1,800s, while expansive four‑plus‑bedroom residences trend toward the $2,300s, providing ample space for growing households and those desiring additional room for home‑office setups.
The county’s housing stock benefits from a blend of historic architecture and newer developments, ensuring options that suit a wide range of tastes and budgets. Residents enjoy easy access to local schools, healthcare facilities, and a vibrant downtown scene featuring boutique shops, dining venues, and cultural events. Whether you’re looking for a cozy apartment close to amenities or a spacious home with room to grow, Morgan County’s rental market delivers a welcoming environment backed by Indiana’s friendly, mid‑western lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $961 | $950 | $945 - $1,000 | $950 - $1,000 |
| House | 3 Bedroom | $1,762 | $1,810 | $1,200 - $2,030 | $1,680 - $1,945 |
| House | 4+ Bedroom | $2,294 | $2,290 | $2,040 - $2,585 | $2,110 - $2,400 |
In the current period, the average rent in Morgan was
$961 for 1 Bedroom,
$1,097 for 2 Bedroom,
$1,742 for 3 Bedroom, and
$2,246 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.