
Cheap Homes for Rent in Morrisonville, IL from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Morrisonville.


205 North St

1616 S 7th St

913 N Taylorville Blvd

1274 W Green St

2136 S 9th St
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.

2451 S 11th St

2440 Yale Blvd

47 Imperial Valley Dr

31 Imperial Valley Dr

2512 Fox Bridge Rd

2404 S 11th St
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.

4 Amos Valley Dr
Morrisonville, IL Local Guide

How much does it cost to rent a home in Morrisonville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morrisonville 2 Bedroom Homes for Rent | $1,262 | $750 | $2,100 |
| Morrisonville 3 Bedroom Homes for Rent | $1,424 | $625 | $2,500 |
| Morrisonville 4 Bedroom Homes for Rent | $2,847 | $2,700 | $2,995 |
| Morrisonville 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Morrisonville
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Morrisonville, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| The Hickox Collection | The Hickox | Studio,1BA | $645 |
Best Value Apartments for Rent in Morrisonville, IL and Nearby
As of July 07, 2026 the best value apartment in the Morrisonville area is the $0.90 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $895. The second greatest value Morrisonville apartment is the Townhouse Model at The Boulevard Townhomes starting at $975 with a $1.04 price per square foot . Here is today’s list of the best values for Morrisonville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| Decatur Flats Apartments | 2 bed 1 bath Renovated | 2BR,1BA | $1.03 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Morrisonville, IL Rentals by Map
See the most popular apartments and homes in Morrisonville, IL
Frequently Asked Questions about Morrisonville
What type of rentals are currently available in Morrisonville?
There are currently 49 Apartments for Rent in Morrisonville, IL with pricing that ranges from $497 to $3,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morrisonville ranging from $625 to $2,995.
What is the current price range for Rental Homes in Morrisonville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morrisonville ranges from $625 to $2,995 with an average monthly rent of $1,786.
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

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.

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.

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.

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.