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Newest Homes for Rent in Morton, IL

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  • /50

    Starting at $1,192 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
  • /7

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft
    • Glen

    329 S Glen Ave, Morton, IL 61550

    Credit and background check required

    329 S Glen Ave, Morton, IL 61550
  • /20

    Starting at $1,590 Per Month

    • 1 - 2 Beds

    120 W Jefferson St, Morton, IL 61550

    The Jefferson Place property is an upscale living experience located in the middle of Morton’s charming downtown. Across the street from Eli’s Coffee and within steps of Dairy Queen, Season’s Pub, and all of the downtown shopping spots!

    Jefferson Place

    120 W Jefferson St, Morton, IL 61550
  • /6

    $2,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    508 E Washington St, Morton, IL 61550

    Property Id: 1080053 Main floor master bedroom with half bath, main floor laundry. Large fenced in back yard. Two stall garage. Walking distance to downtown Morton shops and dining. 8 minute drive to downtown Peoria. Morton schools. Will allow 1 dog. NO CATS allowed.

    508 E Washington St, 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
  • /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
  • /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
  • /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
  • /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
  • /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

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 $2,000 per month, though prices vary by neighborhood, size, and property type. As of August 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 $80,000 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 $2,000 per month in Morton, IL, renters typically need to show $6,000 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 11.5, 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, North of Broadway, West Bluff, South of Broadway and North Peoria, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$2,000
Median Single Family Home Rent
$1,500
How to Rent a Home