Cheap Homes for Rent in Morris, IL from $1,000 (8 Rentals)

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Search the lowest-cost Homes 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 318 Liberty St

$1,500 - $1,600

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450
property at 416 1/2 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 1/2 W Jackson Street Unit

416 1/2 W Jackson St
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.

Morris, IL Local Guide

Cheapest Neighborhoods for Apartments in Morris, IL

Pricing Updated: 05/30/2026

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$1,600$1,5002

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

Best Value Apartments for Rent in Morris, IL and Nearby

As of May 30, 2026 the best value apartment in the Morris area is the $1.85 price per square foot Capewood Model at Redwood Oswego in the in the Blackberry Crossing West neighborhood starting from $2,999. The second greatest value Morris apartment is the Douglas BF Model at Home at Ashcroft starting at $3,600 with a $2.24 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.
Redwood OswegoCapewood2BR,2BA$1.85
Home at AshcroftDouglas BF3BR,2BA$2.24
Avanterra Wolfs Crossing3BR Garden3BR,2.5BA$2.25
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Reserve at Fox River3BR3BR,2BA$1.78
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
811 Covey Ln1x11BR,1BA$1.33
Pheasant Runsc2s2BR,1BA$1.53
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Willow Run of Crest Hill1 bedroom1BR,1BA$2.27

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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Quick Rent Budget Calculator

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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 Morris

What type of rentals are currently available in Morris?

There are currently 64 Apartments for Rent in Morris, IL with pricing that ranges from $656 to $4,703. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morris ranging from $1,000 to $3,995.

What is the current price range for Rental Homes in Morris?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Morris ranges from $1,000 to $3,995 with an average monthly rent of $2,520.

How much are larger Three and Four Bedroom Rentals in Morris?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Morris range from $1,309 to $4,703, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,500. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $3,312.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.