Cheap Apartments for Rent in Morton, IL from $500 (38 Rentals)

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

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Clifton Place
1 Bedroom Apartments

Clifton Place

206 E Adams StMorton, IL 61550
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Queenwood Apartments
1 to 2 Bedroom Apartments

Queenwood Apartments

150 E Queenwood RdMorton, IL 61550
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Field East Apartments
1 to 2 Bedroom Apartments

Field East Apartments

118 E Queenwood RdMorton, IL 61550
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Skyway Apartments
1 to 3 Bedroom Apartments

Skyway Apartments

1240 S Main StMorton, IL 61550
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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2112-2117 N Linn St
1 Bedroom Apartments

2112-2117 N Linn St

2112-2117 N Linn StPeoria, IL 61604
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1001 Veerman St
1 Bedroom Apartments

1001 Veerman St

1001 Veerman StPekin, IL 61554
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2604 Pine St
Studio to 1 Bedroom Apartments

2604 Pine St

2604 Pine StPekin, IL 61554
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1107 Pekin Ave
1 Bedroom Apartments

1107 Pekin Ave

1107 Pekin AveCreve Coeur, IL 61610

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cityscape
2 to 3 Bedroom Apartments

Cityscape

601 W Romeo B Garrett AvePeoria, IL 61605
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Glen Oak Manor
2 Bedroom Apartments

Glen Oak Manor

2310 N Wisconsin AvePeoria, IL 61603
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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

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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911 Hamilton St
1 to 3 Bedroom Apartments

911 Hamilton St

911 Hamilton StPekin, IL 61554
Showing Results 1-38, Page 1 of 1

Morton, IL Local Guide

Cheapest Available Morton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Morton, IL is a 1 Bed unit found at Colonial Village priced from $625. Cityscape in the Averyville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $711. Here is today’s list of the most affordable Morton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Cityscape2 Bedroom2BR,2BA$711
The Avenue Apartments1B/ 1BA1BR,1BA$795
Glen Oak Manor2BR/1.0BA2BR,1BA$800
Civic Center Plaza ApartmentsStudioStudio,1BA$825
Morton Estates1 Bedroom1BR,1BA$850
EMR Apartments1/1 Standard1BR,1BA$897
Sunset Hills ApartmentsSunset Hills3BR,2BA$925
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1,015
The Current ApartmentsStudiosStudio,1BA$1,025

Best Value Apartments for Rent in Morton, IL and Nearby

As of August 01, 2026 the best value apartment in the Morton area is the $0.71 price per square foot Sunset Hills Model at Sunset Hills Apartments in the starting from $925. The second greatest value Morton apartment is the Three Bedroom/Two Bath Model at The Residences at Rosemary Crossing I starting at $1,620 with a $1.25 price per square foot . Here is today’s list of the best values for Morton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
The Residences at Rosemary Crossing IThree Bedroom/Two Bath3BR,2BA$1.25
Cedar Creek Apartments2x22BR,2BA$1.16
Cypress Ridge Apartments2BR/2.0BA2BR,2BA$1.34
Cityscape2 Bedroom2BR,2BA$0.70
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Glen Oak Manor2BR/1.0BA2BR,1BA$1.23
The Avenue Apartments1B/ 1BA1BR,1BA$1.29
Colonial Village1 Bedroom1BR,1BA$1.14

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

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!

Explore Morton, IL Rentals by Map

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See the most popular apartments and homes in Morton, IL

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Frequently Asked Questions about Cheap Morton Apartments

What is the Cheapest Studio apartment in Morton?

Currently the most affordable Cheap Studio Apartment in Morton is at Civic Center Plaza Apartments listed at $825.

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

The lowest price for a Cheap One Bedroom Morton Apartment is $625 at Colonial Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Morton is starting from $711 at Cityscape.

What is the most affordable Morton Three Bedroom Apartment?

The best deal on a cheap Morton Three Bedroom Apartment rental is at Cityscape and starts from $818.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.