Rent is lower than in 74% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $49,240 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 100 of 334 cities from cheapest to most expensive.
How much do households earn in Morris?
Share of households by yearly income. 27.4% of households earn $100,000 or more.
Rent by apartment size in Morris
| Size | Morris | U.S. average |
|---|---|---|
| Studio | $941 | $1,338 |
| 1 bedroom | $853 | $1,324 |
| 2 bedrooms | $1,278 | $1,509 |
| 3 bedrooms | $1,790 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Morris overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Morris, so the Illinois figure is shown.
Taxes and bills in Morris
Life in Morris
Is it cheaper to rent or buy in Morris?
Renting is cheaper right now: about $486 a month less.
Owning assumes a typical $247,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,740 for the down payment.
Frequently asked questions
What is the average rent in Morris, IL?
Renting in Morris costs a median of about $1,231 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Morris?
To keep rent under 30% of income, you need about $49,240 a year, or $24 an hour at a full-time job.
Is Morris cheap or expensive?
Morris is rated Cheap: rent takes 17.9% of the typical household income of $82,733. It ranks 100th cheapest of 334 Illinois cities we track.
How much are property taxes in Morris?
The median homeowner in Morris pays $5,106 a year in property taxes, about 2.06% of the median home value.
Is Morris more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Morris?
The median home value in Morris is $247,400, about 3.0 times the typical yearly household income.
14,898 people live in Morris. Numbers are typical (middle) values.