Cheap Apartments for Rent in Morris, IL from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Morris.

property at 322 Maple Dr

$700

1 Bedroom, 1 Bath Condo for Rent

Available Now

322 Maple Dr

MorrisIL60450

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Morris, IL Local Guide

Cheapest Neighborhoods for Apartments in Morris, IL

Pricing Updated: 01/25/2026

Current apartment rentals in the Morris, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Morris Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown$1,615$7006

Cheapest Available Morris Apartments for Rent

 

The cheapest available apartment rental in Morris, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. 811 Covey Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Morris apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
811 Covey Ln1x11BR,1BA$1,200
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
The Birches1sr1BR,1BA$1,245
Bays Tower ApartmentsStudio1BR,1BA$1,250

Best Value Apartments for Rent in Morris, IL

As of January 25, 2026 the best value apartment in the Morris area is the $1.18 price per square foot 2E Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Morris apartment is the Birch BU Model at Home at Ashcroft starting at $3,250 with a $2.08 price per square foot in the Ashcroft Place neighborhood. Here is today’s list of the best values for Morris apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
York Meadow2E3BR,2BA$1.18
Home at AshcroftBirch BU3BR,2.5BA$2.08
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Redwood OswegoWillowood2BR,2BA$1.85
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Monroe Street Apartments2.0 BD/1.5 BA2BR,1.5BA$2.15
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
811 Covey Ln1x11BR,1BA$1.33
Ravine Woods Apartments2 Bedroom - North2BR,1BA$1.58
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Morris, IL

School data provided by Great Schools

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Frequently Asked Questions about Cheap Morris Apartments

What is a cheap apartment in Morris?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Morris is under $1,582.

What is the price of a cheap apartment in Morris?

The cheapest apartment in Morris is Stone Falls which is listed at $949, while the average apartment in Morris costs $1,615.

What types of apartments are the cheapest in Morris?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Morris that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Morris?

Cheap apartments in Morris have an average cost of $937 which is $678 cheaper than the average rent for all rentals in Morris.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.