Land and home values in Morris, IL
Morris is a city in Grundy County, Illinois, home to about 14,898 people. Residential land runs about $4.49 per sq ft, the typical home is worth about $291,000, and a 2-bedroom rents for about $2,030 a month, as of October 12, 2026.
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| Land: residential | $4.49 | per sq ft |
| Land: residential | $195,497 | per acre |
| Land: quarter-acre lot | $48,874 | 10,890 sq ft |
| Home: typical (median) | $291,000 | value |
| Home: entry-level | $180,000 | lower quartile |
| Home: upper-end | $304,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $1,560 | per month |
| Rent: 2-bedroom | $2,030 | per month |
| Rent: 3-bedroom | $2,850 | per month |
| Rent: 4-bedroom | $2,950 | per month |
| Gross yield, 2-bed | 8.4% | a year |
ZIP codes
Questions people ask
How much is land worth in Morris, IL?
Residential land in Morris, IL is about $4.49 per square foot, or $195,497 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $48,874. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Morris, IL?
The typical (median) home in Morris, IL is worth about $291,000, with entry-level homes around $180,000 and upper-end homes around $304,000, as of October 2026.
How much is rent in Morris, IL?
A 2-bedroom rents for about $2,030 a month in Morris, IL, a 1-bedroom about $1,560 and a 3-bedroom about $2,850 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.