diff --git a/markdown-mode.el b/markdown-mode.el
index 790b5a24..bc22329d 100644
--- a/markdown-mode.el
+++ b/markdown-mode.el
@@ -5383,7 +5383,7 @@ Assumes match data is available for `markdown-regex-italic'."
     (define-key map (kbd "C-c S-<right>") 'markdown-table-insert-column)
     (define-key map (kbd "C-c C-M-h") 'markdown-mark-subtree)
     (define-key map (kbd "C-x n s") 'markdown-narrow-to-subtree)
-    (define-key map (kbd "M-<return>") 'markdown-insert-list-item)
+    (define-key map (kbd "M-RET") 'markdown-insert-list-item)
     (define-key map (kbd "C-c C-j") 'markdown-insert-list-item)
     ;; Paragraphs (Markdown context aware)
     (define-key map [remap backward-paragraph] 'markdown-backward-paragraph)
diff --git a/tests/markdown-test.el b/tests/markdown-test.el
index f818b38c..685d7fe0 100644
--- a/tests/markdown-test.el
+++ b/tests/markdown-test.el
@@ -1079,6 +1079,16 @@ Don't adjust spacing if tabs are used as whitespace."
     (call-interactively 'markdown-insert-list-item)
     (should (string-equal (buffer-string)  "9.\tfoo\n10.\t"))))
 
+(ert-deftest test-markdown-insertion/list-item-bound-keys ()
+  "Test that `markdown-insert-list-item' is bound to M-RET and equivalents."
+  (markdown-test-string "- foo"
+                        (goto-char (point-max))
+                        (execute-kbd-macro (read-kbd-macro "M-RET bar C-M-m baz"))
+                        (should (string-equal (buffer-string) "- foo\n- bar\n- baz"))
+                        (when (display-graphic-p)
+                          (execute-kbd-macro (read-kbd-macro "M-<return> quux"))
+                          (should (string-equal (buffer-string) "- foo\n- bar\n- baz\n- quux")))))
+
 (ert-deftest test-markdown-insertion/nested-list-marker ()
   "Test marker detection for `markdown-insert-list-item'."
   (markdown-test-string