Last updated
Average Rent in Morrisville, NC & Rent Trends
Rent prices and market trends across 23 apartment communities in Morrisville, NC. Updated daily.
Market Average
$1,712/mo
▲ +4.4% from last month
Lowest Available
$1,149/mo
cheapest unit on market
Communities
23
tracked daily
Units Listed
424
available now
Rent by Neighborhood in Morrisville, NC
Compare average rent across Morrisville, NC neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Morrisville 27519 | $1,953 | $1,336 | 2 | 21 |
| Morrisville 27703 | $1,763 | $1,384 | 3 | 82 |
| Morrisville 27560 | $1,695 | $1,149 | 17 | 297 |
| Umstead | $1,532 | $1,350 | 1 | 24 |
Is Rent Going Up or Down in Morrisville, NC?
As of May 2026, the average rent in Morrisville, NC is $1,712 per month across 23 apartment communities and 424 available units. Rents have increased $72 (4.4%) over the past month.
The most affordable option is The Waterford Apartments starting at $1,149/mo. By unit type, a studio averages $1,498/mo, a 1-bedroom averages $1,487/mo, a 2-bedroom averages $1,883/mo, a 3-bedroom averages $2,106/mo.
Prices range from $1,149 to $3,835 per month. The most common price point is the $1,400 range, where 131 units are currently listed.
Morrisville, NC Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Morrisville, NC
Rent Prices by Apartment in Morrisville, NC
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Waterford Apartments | $1,149/mo | $1,568/mo | 42 | 3.7 |
| Bexley Park Apartments | $1,149/mo | $1,501/mo | 7 | 3.3 |
| Crabtree Crossing Apartments and Townhomes | $1,166/mo | $1,447/mo | 8 | 3.5 |
| Avellan Springs Apartments | $1,200/mo | $1,449/mo | 25 | 4.1 |
| Aviation Crossing Apartments | $1,226/mo | $1,562/mo | 9 | 4 |
| Residences at Shiloh Crossing Apartment Homes | $1,260/mo | $1,589/mo | 8 | 4.7 |
| ARIUM at Perimeter Park | $1,274/mo | $1,605/mo | 10 | 4.4 |
Google Search Trends for Morrisville, NC Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Morrisville, NC
What is the average rent in Morrisville, NC?
Is rent going up or down in Morrisville, NC?
What is the cheapest apartment in Morrisville, NC?
How much is a 1-bedroom apartment in Morrisville, NC?
How many apartments are available in Morrisville, NC?
What salary do I need to live comfortably in Morrisville, NC?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$68,000/year
30 percent rule -- using our average rent of $1,712/mo.
Comfortable income
$82,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,149/mo), you need to earn at least $46,000/year.
Median household income in Morrisville, NC is $125,404 , about 53% above the comfortable-living threshold.
Cost of living in Morrisville, NC
Overall prices in Morrisville, NC runs below the national average by about 2% (BEA Regional Price Parity index 98.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Morrisville, NC's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,712 |
| Utilities | $447 |
| Groceries | $523 |
| Transportation | $1,066 |
| Healthcare | $520 |
| Other goods and services | $832 |
| Estimated total | $5,100/mo |
Population
30,471
Median household income
$125,404
Census median rent
$1,785/mo
Rent as % of income
22.1%
Median age
34.5
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Morrisville, NC Apartments
Browse all 23 communities with daily-updated pricing and availability.