Cheap Apartments for Rent in Morris, IL from $500 (35 Rentals)

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

property at 318 Liberty St

$1,450 - $1,550

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450
property at 416 W Jackson St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Townhome for Rent

Available Now

416 W Jackson St

MorrisIL60450

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 430 N Crotty Ln

$1,050 - $1,200

2 To 3 Bedroom Rentals

Available Now

430 N Crotty Ln

SenecaIL61360

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Fox Hill Senior Living
1 to 2 Bedroom Apartments

Fox Hill Senior Living

1536 Sycamore RdYorkville, IL 60560
Senior Living
  • Utilities Included
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
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811 Covey Ln
1 Bedroom Apartments

811 Covey Ln

811 Covey LnCoal City, IL 60416

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.

Morris, IL Local Guide

Cheapest Neighborhoods for Apartments in Morris, IL

Pricing Updated: 07/26/2026

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$1,589$1,2594

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. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. 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
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Bays Tower ApartmentsStudio1BR,1BA$1,250
The Woodlands of Crest HillStudio RenovatedStudio,1BA$1,289
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$1,578
24138 - 24158 W Main St24138 W Main St Unit 1022BR,1BA$1,650
Sixteen30S1Studio,1BA$1,688
The BluffsS1Studio,1BA$1,744

Best Value Apartments for Rent in Morris, IL

As of July 26, 2026 the best value apartment in the Morris area is the $0.91 price per square foot 3BR/1.5BA Model at Bellarmine Estates in the in the Sunset Point neighborhood starting from $2,195. The second greatest value Morris apartment is the Capewood Model at Redwood Oswego starting at $2,999 with a $1.85 price per square foot in the Blackberry Crossing West 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.
Bellarmine Estates3BR/1.5BA3BR,1.5BA$0.91
Redwood OswegoCapewood2BR,2BA$1.85
Home at AshcroftDouglas BF3BR,2BA$2.24
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Reserve at RomeovilleHighlands-G2BR,2BA$2.09
Reserve at Fox River3BR3BR,2BA$1.78
Avanterra Wolfs Crossing1BR Vista Triplex1BR,1.5BA$2.06
Pheasant Run Apartmentssc3s1.53BR,1.5BA$1.82
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Morris Apartments

What is the Cheapest Studio apartment in Morris?

Currently the most affordable Cheap Studio Apartment in Morris is at The Woodlands of Crest Hill listed at $1,289.

How much is rent for a Cheap One Bedroom Morris Apartment?

The lowest price for a Cheap One Bedroom Morris Apartment is $949 at Stone Falls.

What is the lowest price for a Cheap Two Bedroom Morris Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Morris is starting from $1,209 at Tudor Park Apartments.

What is the most affordable Morris Three Bedroom Apartment?

The best deal on a cheap Morris Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.