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Morton, IL Homes for Rent

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  • /50

    Starting at $1,196 Per Month

    • 1 - 2 Beds

    2010 W Jackson St, Morton, IL 61550

    Resort Living Every Day - Experience first class living in the Peoria suburb of Morton, where luxury abounds at every turn. Gaze at spectacular sunsets from your private balcony overlooking our beautiful lake. Hear the water gush from our magnificent fountain, and watch the ducks pass in the serenity of our quiet and secluded atmosphere.

    Cape Cod Village Apartments

    2010 W Jackson St, Morton, IL 61550
  • /51

    Starting at $1,560 Per Month

    • 2 - 3 Beds

    661 Harding Rd, Morton, IL 61550

    Brand new 2 and 3 bedroom apartments. Leasing now, call today.

    The Atworth

    661 Harding Rd, Morton, IL 61550
  • /15

    Starting at $1,015 Per Month

    • 2 Beds

    120 E Queenwood Rd, Morton, IL 61550

    Fantastic value in Morton! Large living spaces with private balconies. Walk in closets. Garage parking available. Best maintenance staff in central Illinois -- part of the Leman Properties portfolio. Multiple styles and price ranges.

    Woodfield Queenwood Apartments

    120 E Queenwood Rd, Morton, IL 61550
  • /29

    Starting at $1,665 Per Month

    • 2 Beds

    1500 S Missouri Ave, Morton, IL 61550

    Beautiful new-construction, the fanciest in town! Tucked away in a quiet residential section of Morton, the Modern Farmhouse offers all the best amenities in your apartment search. Part of the Leman Property PLATINUM COLLECTION, these are the finest communities in central Illinois.

    Morton Farmhouse

    1500 S Missouri Ave, Morton, IL 61550
  • /21

    Starting at $2,300 Per Month

    • 3 Beds

    11-49 Ruth Cir, Morton, IL 61550

    Discover these spacious and well-designed townhomes featuring 3 bedrooms and 2.5 bathrooms. Each home offers an abundance of storage, including full basements perfect for additional living space, hobbies, or organization. Enjoy the convenience of a 2-car attached garage, providing direct entry and plenty of room for vehicles and gear.  Easy access to I-155.  Morton schools.

    Chelsea Townhouses

    11-49 Ruth Cir, Morton, IL 61550
  • /16

    Starting at $850 Per Month

    • 1 - 2 Beds

    935 E Jefferson St, Morton, IL 61550

    Morton Estates features beautiful one and two bedroom apartment homes designed for adults 55 and over. Each spacious floor plan includes modern amenities you would expect to find in a luxury home, at affordable rental rates: a fully-equipped gourmet kitchen with energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes a full-size washer

    Morton Estates

    935 E Jefferson St, Morton, IL 61550
  • /14

    Starting at $1,020 Per Month

    • 1 Bed

    150 Yordy Rd, Morton, IL 61550

    Location, Community, Quality Living. It Starts Here! Fitness Center! Pet Friendly!

    Creekwood Apartments

    150 Yordy Rd, Morton, IL 61550
  • /12

    $1,249 Per Month

    • 3 Beds
    • 2 Baths
    • Property for Rent

    24150 Veterans Rd Unit 73, Morton, IL 61550

    Last Chance July OffersUse Code BUYTODAY to apply for FREE. Buy this July and ask how you can qualify for limited-time savings, including FREE site rent, gift card offers, down payment match savings, or a brand new shed. *Restrictions apply. Offer expires 7/31/26*Discover modern, spacious living in this 3-bedroom, 2-bathroom home, available for immediate move-in! Located in Cambio's Edgewood

    Cristina Lopez Edgewood Terrace

    24150 Veterans Rd Unit 73, Morton, IL 61550

Why Live in Morton

Morton, Illinois, known as the pumpkin capital of the world, is a village situated between Peoria and Bloomington, surrounded by farmland. This community is ideal for commuters, with easy access to Interstate 74, and many residents travel to nearby cities for work. Morton boasts a small-town feel with neatly manicured yards and wide sidewalks, enhancing visibility and safety for pedestrians. Homes in Morton are primarily ranch-style with brick and beige vinyl siding, ranging from 1,300 to 2,200 square feet, and bungalows with attached garages are also common. The local schools are highly rated, including Jefferson Elementary, Morton Junior High, and Morton High, each offering unique programs in arts and athletics. Morton offers a variety of things to do, such as exploring Idlewood Park, which features a playground, basketball courts, and an arts pavilion for live music. The Morton Public Swimming Pool, with water slides and sprinkler areas, is also a popular spot. The annual Morton Pumpkin Festival, a major community event since 1967, includes activities like the Pumpkin Weigh-Off and Pumpkin Parade. Dining options in Morton range from Pizza Ranch for quick bites to Kemp 208 for a sit-down meal, with vegetarian-friendly Seasons offering sushi and beer on tap. Grocery stores like Walmart and Kroger are conveniently located on the north end. For transportation, residents can reserve rides with We Care Inc., which provides buses equipped with wheelchair lifts.

Frequently Asked Questions

How much does it cost to rent a home in Morton, IL?
The median rent for a home in Morton, IL is $1,249 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Morton, IL?
To comfortably afford the median rent in Morton, IL, a household needs to earn roughly $49,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,249 per month in Morton, IL, renters typically need to show $3,747 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Morton, IL?
In Morton, IL, the price-to-rent ratio is 18.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Morton, IL are best for renting a home?
The best neighborhood for renting in Morton, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Peoria, West Bluff, North Peoria and North of Broadway, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,249
Median Single Family Home Rent
$1,250
How to Rent a Home