
Cheap Apartments for Rent in Morgan County, IL from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Morgan County.


New Eastlawn Apartments

3 Galena Dr

Morton Street Apartments

Dunlap Center

740 E Douglas Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Morton Street Apartments

Spruce Manor / Balsam Terrace

Beecher Plaza

Stonebridge Apartments

School Apartments

Hoagland Highrise
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Morgan County, IL Local Guide

How much does it cost to rent an apartment in Morgan County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgan County 1 Bedroom Apartments | $538 | $347 | $830 |
| Morgan County 2 Bedroom Apartments | $574 | $408 | $850 |
Browse Apartments in Morgan County
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Cheapest Available Morgan County Apartments for Rent
 The cheapest available apartment rental in Morgan County, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Laborer's Home Development IV, For Age 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Morgan County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Laborer's Home Development IV, For Age 62+ | 1 BR | 1BR,1BA | $830 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $850 |
Best Value Apartments for Rent in Morgan County, IL
As of June 24, 2026 the best value apartment in the Morgan County area is the $1.03 price per square foot Two Bedroom Model at New Eastlawn Apartments in the starting from $850. The second greatest value Morgan County apartment is the 1 Bedroom 60% Model at Jacksonville Affordable Housing starting at $513 with a $0.88 price per square foot . Here is today’s list of the best values for Morgan County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
| Laborer's Home Development IV, For Age 62+ | 1 BR | 1BR,1BA | $1.43 |
Frequently Asked Questions about Cheap Morgan County Apartments
What is the price of a cheap apartment in Morgan County?
The cheapest apartment in Morgan County is Jacksonville Affordable Housing which is listed at $485, while the average apartment in Morgan County costs $526.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.