Cheap Apartments for Rent in Morrisonville, IL from $400 (51 Rentals)

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

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.

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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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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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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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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included
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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included
property at 229 W Allen St

$950 - $1,250

1 To 3 Bedroom Rentals

Available Now

229 W Allen St

SpringfieldIL62704

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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Showing Results 1-50, Page 1 of 2

Morrisonville, IL Local Guide

Cheapest Available Morrisonville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morrisonville, IL is a 1 Bed unit found at Country Place-Moweaqua I & ll priced from $497. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 2 Beds apartment currently listed from $507. Here is today’s list of the most affordable Morrisonville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Place-Moweaqua I & ll1 Bedroom1BR,1BA$497
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Whispering Pines Apartments1 Bed, 1 Bath - Essential1BR,1BA$600
Timber CoveThe RegattaStudio,1BA$690
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
The Raymond ApartmentsTwo bedroom2BR,1BA$800
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$800
Safe Harbor Properties1st Floor Level1BR,1BA$875
Pine Ridge ApartmentsOne Bedroom1BR,1BA$875

Best Value Apartments for Rent in Morrisonville, IL and Nearby

As of June 08, 2026 the best value apartment in the Morrisonville area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Morrisonville apartment is the 3BR/1.5BA Model at Decatur Flats Apartments starting at $1,199 with a $0.96 price per square foot . Here is today’s list of the best values for Morrisonville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ash Grove3 Bedroom3BR,2BA$1.09
Decatur Flats Apartments3BR/1.5BA3BR,1.5BA$0.96
The Boulevard TownhomesTownhouse2BR,1.5BA$1.04
3TEN Apartments2 Bed 1 Bath2BR,1BA$1.05
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
The Raymond ApartmentsTwo bedroom2BR,1BA$1.00
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$1.05
Country Place-Moweaqua I & ll1 Bedroom1BR,1BA$0.76
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87

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 Cheap Morrisonville Apartments

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

The lowest price for a Cheap One Bedroom Morrisonville Apartment is $497 at Country Place-Moweaqua I & ll.

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

Today's best deal for a Cheap Two Bedroom Apartment in Morrisonville is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Morrisonville Three Bedroom Apartment?

The best deal on a cheap Morrisonville Three Bedroom Apartment rental is at Decatur Flats Apartments and starts from $1,199.

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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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.

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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.

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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.