Cheap Apartments for Rent in Morton, IL from $500 (47 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
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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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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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Linn St Commons
1 Bedroom Apartments

Linn St Commons

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
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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
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Cityscape Apartments
2 to 3 Bedroom Apartments

Cityscape Apartments

601 W Romeo B Garrett AvePeoria, IL 61605
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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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911 Hamilton St
1 to 3 Bedroom Apartments

911 Hamilton St

911 Hamilton StPekin, IL 61554
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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-47, 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. The Avenue Apartments in the Averyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Morton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
The Avenue Apartments1B/ 1BA1BR,1BA$650
Willow Oaks ApartmentsOne Bedroom1BR,1BA$760
Williamsburg TownhousesOne Bedroom1BR,1BA$795
Civic Center Plaza ApartmentsStudioStudio,1BA$825
Morton Estates1 Bedroom1BR,1BA$850
Sunset Hills ApartmentsSunset Hills3BR,2BA$925
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1,015
EMR Apartments1/1 Standard1BR,1BA$1,050
812 LoftsStudioStudio,1BA$1,050

Best Value Apartments for Rent in Morton, IL and Nearby

As of May 02, 2026 the best value apartment in the Morton area is the $1.31 price per square foot 3 Beds, 2.5 baths Model at Chelsea Townhouses in the starting from $2,100. The second greatest value Morton apartment is the Sunset Hills Model at Sunset Hills Apartments starting at $925 with a $0.71 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.
Chelsea Townhouses3 Beds, 2.5 baths3BR,2.5BA$1.31
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
Cedar Creek Apartments2x22BR,2BA$1.16
Cypress Ridge Apartments2BR/2.0BA2BR,2BA$1.32
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Willow Oaks ApartmentsOne Bedroom1BR,1BA$1.04
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Williamsburg TownhousesOne Bedroom1BR,1BA$1.37
Colonial Village1 Bedroom1BR,1BA$1.14

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 $750 at The Avenue Apartments.

What is the most affordable Morton Three Bedroom Apartment?

The best deal on a cheap Morton Three Bedroom Apartment rental is at Sunset Hills Apartments and starts from $925.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.