Much like other places in this area, it's a little more expensive compared to the United States as a whole. Compared to the city of New York however, it's substantially less expensive.
Home prices
Morton's median home cost is $229,600. Compared to its surrounding areas this is roughly $7,380 (3%) lower.In comparison to the country as a whole it is about $12,100 (5%) higher, and in comparison to the city of New York is roughly $376,400 (62%) lower.
Rents
In Morton the median monthly rent is $998. It is roughly $33 (3%) lower in comparison to the surrounding areas.It is approximately $64 (6%) lower in comparison to the US as a whole, and is roughly $445 (30%) lower in comparison to the city of New York.
Nearby places
Rutledge
Rutledge is Morton's neighbor to the south. The housing prices there are a bit more expensive. Rutledge's median home value is $281,200, which comes out to $51,600 (18%) higher than Morton. The rent there is somewhat less expensive. In Rutledge the median monthly rent is $844, which works out to $154 (18%) lower than Morton.
Swarthmore
Swarthmore is roughly 1 mile southwest of Morton. Its housing prices are substantially more expensive. Swarthmore's median home price is $415,200, which works out to $185,600 (44%) higher than Morton. Its rents are pretty similar. The median rent in Swarthmore is $1,021 a month, which works out to $23 (2%) higher than Morton.
Folsom
Folsom is approximately 1 mile south from Morton. Its real estate prices are somewhat less expensive. The median home value in Folsom is $203,100, which comes out to $26,500 (13%) lower than Morton. Its rents are a bit more expensive. The median monthly rent in Folsom is $1,317, which is $319 (24%) higher than Morton.
Glenolden
Glenolden is roughly 1 mile southeast from Morton. Its housing prices are substantially less expensive. The median home in Glenolden is valued at $159,100, which is $70,500 (44%) lower than Morton. Rent there is similar. Glenolden's median monthly rent is $1,022, which works out to $24 (2%) higher than Morton.
Clifton Heights
Clifton Heights is roughly 1 mile northeast from Morton. Its housing prices are a lot less expensive. The median home cost in Clifton Heights is $126,300, which comes out to $103,300 (81%) lower than Morton. The rent there is similar. The median rent in Clifton Heights is $953 per month, which comes out to $45 (4%) lower than Morton.