To reduce the common mode voltage (CMV), suppress the CMV spikes, and improve the steady-state performance, a simplified reactive torque model predictive control (RT-MPC) for induction motors (IMs) is proposed. The proposed prediction model can effectively reduce the complexity of the control algorithm with the direct torque control (DTC) based voltage vector (VV) preselection approach. In addition, the proposed CMV suppression strategy can restrict the CMV within ±Vdc/6, and does not require the exclusion of non-adjacent non-opposite VVs, thus resulting in the system showing good steady-state performance. The effectiveness of the proposed design has been tested and verified by the practical experiment. The proposed algorithm can reduce the execution time by an average of 26.33% compared to the major competitors.