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Rental Market Trends in Morrisville, NC

What is the average rent in Morrisville, NC?

$1,351/month

Average Rent

783 Sq Ft

Average Apartment Size

-2.8%

Decrease in the Last Year

As of December 2025, the average rent in Morrisville, NC is $1,351 per month. This is 17% lower than the national average rent of $1,632/month, making renting in Morrisville more affordable than most cities in the US. When you rent an apartment in Morrisville, you can expect to pay about $1,381 per month for a studio, $1,351 for a one-bedroom apartment, and around $1,635 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,104 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,381/month
613 Sq Ft
One Bedroom
$1,351/month
783 Sq Ft
Two Bedroom
$1,635/month
1,144 Sq Ft
Three Bedroom
$2,104/month
1,570 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,123/month
1,822 Sq Ft
Four Bedroom
$3,015/month
2,150 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,004/month
1,611 Sq Ft
Four Bedroom
$2,276/month
1,929 Sq Ft

How much has average rent changed in Morrisville, NC?

In the past year, rent has decreased by 2.8%, which averages out to $37 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Morrisville, NC
Last Updated December 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Morrisville, NC
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
29% $1,001 - $1,500/month
61% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Morrisville?

Based on current rent prices, Huntington Woods, The Reserve at Park Place and Courtney Reserve at Cary Park are the most affordable neighborhoods in Morrisville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Huntington Woods
$1,372/month
865 Sq Ft
The Reserve at Park Place
$1,402/month
896 Sq Ft
Courtney Reserve at Cary Park
$1,448/month
818 Sq Ft
The Grove at Cary Park
$1,448/month
818 Sq Ft
Town Hall North
$1,527/month
909 Sq Ft
Huntington
$1,541/month
784 Sq Ft
Park West Village
$1,556/month
772 Sq Ft
Morris West
$2,164/month
816 Sq Ft

What are the most expensive neighborhoods in Morrisville?

Based on current rent prices, Morris West, Park West Village and Huntington are the most expensive neighborhoods in Morrisville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Morris West
$2,164/month
816 Sq Ft
Park West Village
$1,556/month
772 Sq Ft
Huntington
$1,541/month
784 Sq Ft
Town Hall North
$1,527/month
909 Sq Ft
Courtney Reserve at Cary Park
$1,448/month
818 Sq Ft
The Grove at Cary Park
$1,448/month
818 Sq Ft
The Reserve at Park Place
$1,402/month
896 Sq Ft
Huntington Woods
$1,372/month
865 Sq Ft

Which Morrisville neighborhoods have the most rentals available?

The neighborhoods in Morrisville with the most apartments available are Park West Village, Huntington and Morris West .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Park West Village
$1,556/month
772 Sq Ft
Huntington
$1,541/month
784 Sq Ft
Morris West
$2,164/month
816 Sq Ft
Courtney Reserve at Cary Park
$1,448/month
818 Sq Ft
The Grove at Cary Park
$1,448/month
818 Sq Ft
Huntington Woods
$1,372/month
865 Sq Ft
Town Hall North
$1,527/month
909 Sq Ft
The Reserve at Park Place
$1,402/month
896 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Morrisville, NC?

Because the average rent in Morrisville is $1,351, you’ll want to make about $4,503 per month or $54,036 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Morrisville, NC

1,907 Available Apartments for Rent

Search for Nearby Apartments

How does Morrisville, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Morrisville, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Morrisville, NC

Apartment Averages

Huntington Woods

Morrisville, NC

Morris West

Morrisville, NC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Cary Average Rent
  • Apex Average Rent
  • Raleigh Average Rent
  • Durham Average Rent
  • Chapel Hill Average Rent
  • Holly Springs Average Rent

Apartment communities in Morrisville we think you'll love

Bradford Cary

Bradford Cary

21035 Bradford Green Sq,
Cary, NC 27519

$1,495 - $4,095

Studio - 3 Beds

NOVEL Morrisville by Crescent Communities

NOVEL Morrisville by Crescent Communities

218 Southport Dr,
Morrisville, NC 27560

$1,399 - $3,835

Studio - 3 Beds

Novel Cary

Novel Cary

200 Henry Hill St,
Cary, NC 27519

$1,309 - $3,479

Studio - 3 Beds

Residences at Shiloh Crossing

Residences at Shiloh Crossing

3000 Dominion Ridge Cir,
Morrisville, NC 27560

$1,268 - $3,026

Studio - 2 Beds

Property Management Companies in Morrisville, NC

Greystar
Greystar
  • 3,452

    Communities

  • 951,960

    Units

  • 878

    Cities

18 Communities in Morrisville
Weinstein Properties
Weinstein Properties
  • 61

    Communities

  • 20,955

    Units

  • 33

    Cities

4 Communities in Morrisville
Highmark Residential
Highmark Residential
  • 220

    Communities

  • 62,695

    Units

  • 120

    Cities

3 Communities in Morrisville
AvalonBay
AvalonBay
  • 199

    Communities

  • 71,292

    Units

  • 133

    Cities

2 Communities in Morrisville
Drucker & Falk
Drucker & Falk
  • 159

    Communities

  • 37,987

    Units

  • 57

    Cities

2 Communities in Morrisville
CWS Capital Partners
CWS Capital Partners
  • 100

    Communities

  • 30,498

    Units

  • 40

    Cities

2 Communities in Morrisville
Magnolia Capital
Magnolia Capital
  • 49

    Communities

  • 15,730

    Units

  • 34

    Cities

2 Communities in Morrisville
KETTLER
KETTLER
  • 38

    Communities

  • 11,700

    Units

  • 29

    Cities

2 Communities in Morrisville

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United States North Carolina Morrisville Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity