Cheap Apartments for Rent in Morrisonville, IL from $400 (19 Rentals)

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property at 205 North St

205 North St

RaymondIL62560

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 RESERVE AT LAKEVIEW priced from $421. The Hickox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $628. Here is today’s list of the most affordable Morrisonville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
The Hickox CollectionThe HickoxStudio,1BA$628
Whispering Pines ApartmentsWhispering Pines Apartments – 1 Bed, 1 Bath Ess...1BR,1BA$700
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$799

Best Value Apartments for Rent in Morrisonville, IL and Nearby

As of September 19, 2025 the best value apartment in the Morrisonville area is the $1.17 price per square foot CP Townhome 3BR Model at Cobblestone Place in the starting from $1,975. The second greatest value Morrisonville apartment is the 3 Bedroom Model at Ash Grove starting at $1,450 with a $1.09 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.
Cobblestone PlaceCP Townhome 3BR3BR,2.5BA$1.17
Ash Grove3 Bedroom3BR,2BA$1.09
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Safe Harbor PropertiesDowntown1BR,1BA$1.03
2474 N FlorianUnit 112BR,1.5BA$1.06
721 South Grand Ave WOne Bedroom1BR,1BA$1.24
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Smart Choice Park1 Bedroom Unit-Standard1BR,1BA$1.25
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69

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Location, Location, Location!

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Getting Around Morrisonville, IL

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Morrisonville Apartments

What is the Cheapest Studio apartment in Morrisonville?

Currently the most affordable Cheap Studio Apartment in Morrisonville is at The Hickox Collection listed at $628.

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

The lowest price for a Cheap One Bedroom Morrisonville Apartment is $421 at RESERVE AT LAKEVIEW.

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.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.