Cheap Apartments for Rent in Morris, IL from $500 (23 Rentals)

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

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.

property at 430 N Crotty Ln

$950 - $1,550

1 To 4 Bedroom Rentals

Available Now

430 N Crotty Ln

SenecaIL61360

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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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

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.

Morris, IL Local Guide

Cheapest Neighborhoods for Apartments in Morris, IL

Pricing Updated: 04/26/2026

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$1,2005

Cheapest Available Morris Apartments for Rent and Nearby

 

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
Bays Tower ApartmentsStudio1BR,1BA$1,250
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359

Best Value Apartments for Rent in Morris, IL and Nearby

As of April 26, 2026 the best value apartment in the Morris area is the $2.24 price per square foot Douglas BF Model at Home at Ashcroft in the in the Ashcroft Place neighborhood starting from $3,600. The second greatest value Morris apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 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.
Home at AshcroftDouglas BF3BR,2BA$2.24
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Avanterra Wolfs Crossing2BR Vista2BR,2.5BA$2.07
Seasons at Plainfield2D2BR,2BA$1.93
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Monroe Street Apartments2BD/1BA - 955 Sq Ft2BR,1BA$2.07
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

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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How much rent can you afford?

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 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 $1,578.

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 $1,589.

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 $1,198 which is $391 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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.