Homes & Apartments for Rent in 61550

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What to Know About

Life in Morton & Beyond

Morton shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Morton, IL

As of June 2026, Morton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morton's average rent is 18.6% ($315) lower than the Illinois average of $1,694 and 23.3% ($418) lower than the U.S. average of $1,797.

Average Rent
$1,379
Monthly ChangeMonth Over Month Change
Decreased3% ($43)
Yearly ChangeYear Over Year Change
Increased10.9% ($135)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,260 Decreased5.6% ($75) Increased40% ($360)
2 Beds $1,522 Decreased5.9% ($95) Increased45% ($472)
3 Beds $1,814 Increased0.1% ($1) Increased3.7% ($65)
Nearby Cities Average Rent Avg. Rent vs. MortonAverage Rent vs. Morton Avg. Days on MarketAverage Days on Market
Washington $1,643 Increased19.1% ($264) 38 days
East Peoria $1,117 Decreased19% ($262) 39 days
Peoria $980 Decreased28.9% ($399) 41 days
Pekin $763 Decreased44.7% ($616) 38 days
Peoria Heights $846 Decreased38.7% ($533) 70 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Morton Rental Market FAQs

Explore rental prices, market trends, and availability in Morton, IL.

The average rent in Morton, IL is $1,379 per month.
Homes in Morton typically rent for between $882 and $2,358 per month, with an average of $1,379 per month.
In Morton, the average rent for a 1-bedroom home is $1,260 per month, for a 2-bedroom home, $1,522 per month, and a 3-bedroom home is $1,814 per month.
The average rent in Morton is 23.3% ($418) lower than the national average of $1,797 per month.
The average rent in Morton has decreased by 3.0% ($43) in the last month and increased by 10.9% ($135) over the past year.
The rental market in Morton, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Morton, IL, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Morton, IL.
Based on the current averages, a household would need an annual income of $60,880 to comfortably afford a 2-bedroom home in Morton.
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