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Average Rent in Morrisville 27560 & Rent Trends

Rent prices and market trends across 19 apartment communities in Morrisville 27560, Morrisville, NC. Updated daily.

Market Average

$2,312/mo

Lowest Available

$1,518/mo

cheapest unit on market

Communities

19

tracked daily

Units Listed

56

available now

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Morrisville 27560 vs Morrisville, NC Average

Morrisville 27560 is more expensive than the Morrisville, NC average by $489/mo (27%). The citywide average is $1,823/mo across all neighborhoods.

Is Rent Going Up or Down in Morrisville 27560?

As of October 2026, the average rent in Morrisville 27560 is $2,312 per month across 19 apartment communities and 56 available units.

The most affordable option is Weston Reserve Apartments starting at $1,518/mo. By unit type, a 3-bedroom averages $2,312/mo.

Prices range from $1,518 to $3,609 per month. The most common price point is the $1,800 range, where 13 units are currently listed.

Morrisville 27560 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
April 2026 $1,544 - 10
May 2026 $1,655 +$111 16
June 2026 $1,731 +$76 18
July 2026 $1,761 +$30 21
August 2026 $1,713 -$48 21
September 2026 $1,677 -$36 21
October 2026 $1,629 -$48 20

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Morrisville 27560

3 Bed
$2,312
from $1,518 · 56 units

Rent Prices by Apartment in Morrisville 27560

Property Starting at Average Units Rating
Weston Reserve Apartments $1,518/mo $1,585/mo 5 3.1
Marquis on Cary Parkway $1,568/mo $1,568/mo 1 4
Avellan Springs Apartments $1,743/mo $1,778/mo 2 4.1
Bexley Park Apartments $1,759/mo $1,809/mo 3 3.3
ARIUM at Perimeter Park $1,790/mo $1,961/mo 4 4.4
The Waterford Apartments $1,845/mo $1,860/mo 2 3.7
Hawthorne Davis Park $1,860/mo $1,888/mo 6 4.3

Frequently Asked Questions About Rent in Morrisville 27560

What is the average rent in Morrisville 27560?

The average rent in Morrisville 27560 is $2,312 per month as of October 2026, based on 56 units across 19 apartment communities.

Is rent going up or down in Morrisville 27560?

The current average rent in Morrisville 27560 is $2,312/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Morrisville 27560?

The most affordable apartment in Morrisville 27560 is Weston Reserve Apartments with units starting at $1,518/mo.

How many apartments are available in Morrisville 27560?

There are 56 units available across 19 apartment communities in Morrisville 27560.

What salary do I need to live comfortably in Morrisville 27560?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$92,000/year

Based on the 30 percent rule, using our tracked average rent of $2,312/mo.

Comfortable income

$111,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,518/mo), you need to earn at least $61,000/year.

Median household income in Morrisville 27560 is $125,404 , about 13% above the comfortable-living threshold.

Cost of living in Morrisville 27560

Overall prices in Morrisville 27560 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 27560's regional price parities.

Category Monthly estimate
Rent (market average) $2,312
Utilities $447
Groceries $523
Transportation $1,066
Healthcare $520
Other goods and services $832
Estimated total $5,700/mo

Population

30,471

Median household income

$125,404

Census median rent

$1,785/mo

Census rent burden

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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