How much does it cost to rent at The Waterford Apartments?

Rent at The Waterford Apartments in Morrisville, NC ranges from $1,261 to $1,946 per month as of August 11, 2026.

What is the average 1 bed rent at The Waterford Apartments?

The average 1 bed apartment at The Waterford Apartments costs $1,261/month, starting from $1,261.

What is the average 2 bed rent at The Waterford Apartments?

The average 2 bed apartment at The Waterford Apartments costs $1,552/month, starting from $1,416.

What is the average 3 bed rent at The Waterford Apartments?

The average 3 bed apartment at The Waterford Apartments costs $1,923/month, starting from $1,900.

Is The Waterford Apartments a good apartment complex?

The Waterford Apartments has a 3.7-star rating on Google based on 340 reviews.

Updated August 11, 2026 at 8:36 p.m. ET

The Waterford Apartments

Name: The Waterford Apartments
Address: 1000 Park Pl Ave, Morrisville, NC, 27560, US
Telephone: (919) 822-9284
Rating: 3.7

1000 Park Pl Ave, Morrisville, NC 27560, USA

3.7 (340 reviews) Official Website (919) 822-9284

Live pricing, refreshed August 11, 2026 at 8:36 p.m. ET

Units Listed

$1,261

Starting at

$1,568

Average

$1,946

Highest

$1.59

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Morrisville 27560 rent trends

Beds

Pricing by Bedroom

1 Bed

$1,261

from $1,261 · 1 units

~736 sqft avg

2 Bed

$1,552

from $1,416 · 24 units

~971 sqft avg

3 Bed

$1,923

from $1,900 · 2 units

~1,276 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (28)

Largest 8 movers of 28

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$169K/mo

from 119 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,420

vs $1,568 current asking ($148 negotiation gap)

Recent Lease Activity

146 units tracked; 119 assumed leased, 27 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Very high availability

4 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Morrisville 27560

Neighborhood

Weston Reserve Apartments

$1,110 Crabtree Crossing Apartments and Townhomes

$1,133 Bexley Park Apartments

$1,199 Treybrooke at the Park

$1,205 Marquis on Cary Parkway

$1,229 MAA Arringdon

$1,230

The Waterford Apartments

$1,261

The Manor at Weston

$1,291 Avellan Springs Apartments

$1,292 ARIUM at Perimeter Park

$1,293 Residences at Shiloh Crossing Apartment Homes

$1,335

Comparing 11 apartments in Morrisville 27560. Click any bar to view that building.

See Morrisville 27560 rent trends on the Morrisville, NC map Explore Morrisville, NC on the interactive map

Available Units

Sort

27 units

1 Bed / 1 Bath A2

$1,261/mo

736 ft² · $1.71/ft² · #11-1322

Down $9 since Aug 10 (was $1,270)

2 Bed / 1 Bath B1

$1,416/mo

900 ft² · $1.57/ft² · #01-1332

2 Bed / 1 Bath B1

$1,416/mo

900 ft² · $1.57/ft² · #10-1135

2 Bed / 1 Bath B1

$1,416/mo

900 ft² · $1.57/ft² · #13-1427

2 Bed / 2 Bath B2

$1,418/mo

1,006 ft² · $1.41/ft² · #09-1414

2 Bed / 2 Bath B2

$1,458/mo

1,006 ft² · $1.45/ft² · #07-1027

Down $21 since Aug 6 (was $1,479)

2 Bed / 1 Bath B1

$1,458/mo

900 ft² · $1.62/ft² · #14-1137

Up $21 since Aug 7 (was $1,437)

2 Bed / 2 Bath B2

$1,461/mo

1,006 ft² · $1.45/ft² · #12-1513

Up $2 since Aug 6 (was $1,459)

2 Bed / 1 Bath B1

$1,468/mo

900 ft² · $1.63/ft² · #04-1235

Down $13 since Aug 6 (was $1,481)

2 Bed / 1 Bath B1

$1,476/mo

900 ft² · $1.64/ft² · #10-1134

Up $2 since Aug 6 (was $1,474)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
11-1322	A2	1bd / 1ba	736	$1,261	$1.71	2026-08-18	Pro	Down $9 since Aug 10
01-1332	B1	2bd / 1ba	900	$1,416	$1.57	2026-08-11	Pro
10-1135	B1	2bd / 1ba	900	$1,416	$1.57	2026-08-18	Pro
13-1427	B1	2bd / 1ba	900	$1,416	$1.57	2026-10-28	Pro
09-1414	B2	2bd / 2ba	1,006	$1,418	$1.41	2026-10-13	Pro
07-1027	B2	2bd / 2ba	1,006	$1,458	$1.45	2026-10-07	Pro	Down $21 since Aug 6
14-1137	B1	2bd / 1ba	900	$1,458	$1.62	2026-08-06	Pro	Up $21 since Aug 7
12-1513	B2	2bd / 2ba	1,006	$1,461	$1.45	2026-09-04	Pro	Up $2 since Aug 6
04-1235	B1	2bd / 1ba	900	$1,468	$1.63	2026-07-27	Pro	Down $13 since Aug 6
10-1134	B1	2bd / 1ba	900	$1,476	$1.64	2026-09-16	Pro	Up $2 since Aug 6
13-1417	B1	2bd / 1ba	900	$1,517	$1.69	2026-03-04	Pro	Down $12 since Aug 6
14-1117	B1	2bd / 1ba	900	$1,531	$1.70	2026-09-25	Pro	Down $5 since Aug 6
12-1512	B2	2bd / 2ba	1,006	$1,598	$1.59	2026-07-27	Pro	Down $13 since Aug 6
07-1003	B2	2bd / 2ba	1,006	$1,608	$1.60	2026-07-27	Pro	Down $13 since Aug 6
03-1124	B2	2bd / 2ba	1,006	$1,611	$1.60	2026-09-23	Pro	Down $5 since Aug 6
09-1407	B2	2bd / 2ba	1,006	$1,611	$1.60	2026-09-24	Pro	Down $5 since Aug 6
03-1114	B2	2bd / 2ba	1,006	$1,618	$1.61	2026-08-27	Pro	Up $2 since Aug 6
07-1004	B2	2bd / 2ba	1,006	$1,633	$1.62	2026-09-08	Pro	Up $4 since Aug 6
07-1013	B2	2bd / 2ba	1,006	$1,633	$1.62	2026-08-06	Pro	Down $13 since Aug 6
12-1535	B2	2bd / 2ba	1,006	$1,633	$1.62	2026-08-07	Pro	Down $13 since Aug 6
03-1135	B2	2bd / 2ba	1,006	$1,638	$1.63	2026-10-14	Pro	Down $21 since Aug 6
07-1023	B2	2bd / 2ba	1,006	$1,643	$1.63	2026-08-06	Pro	Up $4 since Aug 7
03-1118	B2	2bd / 2ba	1,006	$1,644	$1.63	2026-08-29	Pro	Up $3 since Aug 6
12-1511	B2	2bd / 2ba	1,006	$1,648	$1.64	2026-09-12	Pro	Up $4 since Aug 6
03-1117	B2	2bd / 2ba	1,006	$1,688	$1.68	2026-10-03	Pro	Down $21 since Aug 6
13-1438	C1	3bd / 2ba	1,276	$1,900	$1.49	2026-08-21	Pro	Up $9 since Aug 12
13-1413	C1	3bd / 2ba	1,276	$1,946	$1.53	2026-09-15	Pro	Up $10 since Aug 12

Train activity

Trains close by

Freight line 1,571 ft away · 16 trains/day

9 daytime, 7 overnight
No road crossing within earshot. Horns unlikely.
Operator: NS

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Morrisville, NC notes

No resident notes for this property yet.