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Apartments in Morton

1 - 6 of 6 Results
0
$1,690 - 1,790
651 Harding Llc - Cefcu
651 Harding Rd Morton, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
0
Call for Pricing
The Atworth At Queenwood
1950 S Second Ave Morton, IL
3 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
1
$900 - 1,150
Skyway Apartments
1240 S Main St Morton, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Pool
2
$775
110 W. Lakeland
Morton, IL
2 BR | Ask for Availability
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Disability Access
0
$1,850
3 Bed / 1 Bath - Morton, Il
437 Kansas Ave Morton, IL
3 BR | Available Now
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House
1
$575
8710 W Main St
Mapleton, IL
1 BR | Available Now
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1 - 6 of 6 Results
  1. Home
  2. Peoria, IL Area Apartments
  3. Morton

How much does it cost to rent an apartment in Morton?

Morton Apartments
Bed Type Average Rent Range
1BR $900 $580 - $900
2BR $1,050 $780 - $1,150
3BR $1,790 $1,690 - $1,850
Frequently Asked Questions

How many apartments are available in Morton, IL on Rentable.co?

Rentable.co has over 77 apartments available in Morton.

What is the average rent for a one-bedroom apartment in Morton, IL?

The average rent for a one-bedroom apartment in Morton is around $900 per month.

What is the average rent for a two-bedroom apartment in Morton, IL?

The average rent for a two-bedroom apartment in Morton is around $1,050 per month.

How expensive is it to rent an apartment in Morton, IL?

For a two-bedroom apartment in Morton, the average rent price is $1,050 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Morton, IL?

Based on average rent prices in Morton, to afford a one-bedroom apartment you would need an annual household income of $36,000 to live comfortably.

Search Cities Near Morton, IL

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Morton:
December Rent Report

Welcome to the December 2024 Morton Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Morton rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Morton and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Morton average rent prices in the chart below.

Monthly Rent Report

$1,500
$1,130
$750
$380
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Morton Rent Prices Decrease From November to December

Morton rent prices decreased over the last month. From November to December, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Morton one-bedroom apartments currently stands at $792.0.

When we take a look at the two-bedroom comparison from November to December, Morton experienced a 4.52% increase for the price of a two-bedroom apartment. The rent price for a Morton two-bedroom apartments currently stands at $1,111.0.

December Prices: Morton vs. Surrounding Areas

Rent Prices in Morton and Surrounding Areas

Rent prices have decreased in Morton over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Morton suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Morton suburbs

  • Rents did not decrease in any of the Morton suburbs.

December 2024 Pricing Trends: Morton vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Morton Rent Prices More Affordable Than Major Cities

Rent growth in Morton over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Morton average rent prices appear to be relatively affordable for local residents.

The price for a Morton one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Morton and surrounding area rent prices, take a look at the complete data set below.

Data set for Morton and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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