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Average Rent in Morrisville NC & Rent Trends

Rent prices and market trends across 23 apartment communities in Morrisville NC. Updated daily.

Market Average

$1,715/mo

▲ +13.3% from last month

Lowest Available

$1,089/mo

cheapest unit on market

Communities

23

tracked daily

Units Listed

435

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 $1,897 $1,255 2 23
Morrisville 27703 $1,789 $1,395 3 84
Morrisville 27560 $1,693 $1,089 17 303
Umstead $1,561 $1,350 1 25

Is Rent Going Up or Down in Morrisville NC?

As of May 2026, the average rent in Morrisville NC is $1,715 per month across 23 apartment communities and 435 available units. Rents have increased $204 (13.3%) over the past month.

The most affordable option is Bexley Park Apartments starting at $1,089/mo. By unit type, a studio averages $1,487/mo, a 1-bedroom averages $1,496/mo, a 2-bedroom averages $1,878/mo, a 3-bedroom averages $2,133/mo, a 4-bedroom averages $2,625/mo.

Prices range from $1,089 to $3,835 per month. The most common price point is the $1,400 range, where 126 units are currently listed.

Morrisville NC Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Morrisville NC

Studio
$1,487
from $1,254 · 24 units
1 Bed
$1,496
from $1,089 · 193 units
2 Bed
$1,878
from $1,322 · 172 units
3 Bed
$2,133
from $1,642 · 45 units
4 Bed
$2,625
from $2,625 · 1 units

Rent Prices by Apartment in Morrisville NC

Property Starting at Average Units Rating
Bexley Park Apartments $1,089/mo $1,492/mo 6 3.3
Crabtree Crossing Apartments and Townhomes $1,168/mo $1,437/mo 8 3.5
The Waterford Apartments $1,189/mo $1,576/mo 37 3.7
Avellan Springs Apartments $1,200/mo $1,401/mo 28 4.1
Aviation Crossing Apartments $1,226/mo $1,566/mo 9 4
Residences at Shiloh Crossing Apartment Homes $1,254/mo $1,568/mo 8 4.7
Ashby Twin Lakes $1,255/mo $1,989/mo 15 4.2

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?
The average rent in Morrisville NC is $1,715 per month as of May 2026, based on 435 units across 23 apartment communities.
Is rent going up or down in Morrisville NC?
Rent in Morrisville NC has increased $204 (13.3%) over the past month. The current average is $1,715/mo.
What is the cheapest apartment in Morrisville NC?
The most affordable apartment in Morrisville NC is Bexley Park Apartments with units starting at $1,089/mo.
How much is a 1-bedroom apartment in Morrisville NC?
A 1-bedroom apartment in Morrisville NC averages $1,496/mo, with prices starting at $1,089/mo across 193 available units.
How many apartments are available in Morrisville NC?
There are 435 units available across 23 apartment communities 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

$69,000/year

30 percent rule -- using our average rent of $1,715/mo.

Comfortable income

$82,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,089/mo), you need to earn at least $44,000/year.

Median household income in Morrisville NC is $125,404 , about 52% 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) $1,715
Utilities $447
Groceries $523
Transportation $1,066
Healthcare $520
Other goods and services $832
Estimated total $5,103/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.

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