• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Morrisville, NC

What is the average rent in Morrisville, NC?

$1,379/month

Average Rent

783 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

As of April 2026, the average rent in Morrisville, NC is $1,379 per month. This is 16% lower than the national average rent of $1,641/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 $1,383 per month for a studio, $1,379 for a one-bedroom apartment, and around $1,675 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,123 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,383/month
609 Sq Ft
One Bedroom
$1,379/month
783 Sq Ft
Two Bedroom
$1,675/month
1,144 Sq Ft
Three Bedroom
$2,123/month
1,570 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,206/month
1,660 Sq Ft
Four Bedroom
$2,666/month
2,586 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$732/month
2,007 Sq Ft
Two Bedroom
$1,764/month
1,574 Sq Ft
Three Bedroom
$2,201/month
1,929 Sq Ft
Four Bedroom
$2,119/month
1,611 Sq Ft

How much has average rent changed in Morrisville, NC?

In the past year, rent has decreased by 1.9%, which averages out to $26 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Morrisville, NC
Last Updated April 2026
$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
26% $1,001 - $1,500/month
63% $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 Grove at Cary Park and Huntington are the most affordable neighborhoods in Morrisville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Huntington Woods
$1,349/month
878 Sq Ft
The Grove at Cary Park
$1,385/month
811 Sq Ft
Huntington
$1,618/month
807 Sq Ft
Park West Village
$1,690/month
795 Sq Ft
Town Hall North
$1,710/month
867 Sq Ft
Morris West
$2,596/month
717 Sq Ft

What are the most expensive neighborhoods in Morrisville?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Morris West
$2,596/month
717 Sq Ft
Town Hall North
$1,710/month
867 Sq Ft
Park West Village
$1,690/month
795 Sq Ft
Huntington
$1,618/month
807 Sq Ft
The Grove at Cary Park
$1,385/month
811 Sq Ft
Huntington Woods
$1,349/month
878 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 The Grove at Cary Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Park West Village
$1,690/month
795 Sq Ft
Huntington
$1,618/month
807 Sq Ft
The Grove at Cary Park
$1,385/month
811 Sq Ft
Huntington Woods
$1,349/month
878 Sq Ft
Morris West
$2,596/month
717 Sq Ft
Town Hall North
$1,710/month
867 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 $1,379, you’ll want to make about $4,596 per month or $55,152 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

1,866 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
Search

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

$1,345 - $3,895

Studio - 3 Beds

NOVEL Morrisville by Crescent Communities

NOVEL Morrisville by Crescent Communities

218 Southport Dr,
Morrisville, NC 27560

$1,498 - $3,959 Total Monthly Price

Studio - 3 Beds

Marquis on Cary Parkway

Marquis on Cary Parkway

1100 Cameron Chase Dr,
Morrisville, NC 27560

$1,365 - $2,583

1-3 Beds

Novel Cary

Novel Cary

200 Henry Hill St,
Cary, NC 27519

$1,578 - $3,030 Total Monthly Price

Studio - 3 Beds

Property Management Companies in Morrisville, NC

Greystar
Greystar
  • 3,486

    Communities

  • 959,251

    Units

  • 891

    Cities

19 Communities in Morrisville
Weinstein Properties
Weinstein Properties
  • 61

    Communities

  • 20,955

    Units

  • 33

    Cities

4 Communities in Morrisville
Highmark Residential
Highmark Residential
  • 208

    Communities

  • 60,049

    Units

  • 114

    Cities

3 Communities in Morrisville
AvalonBay
AvalonBay
  • 208

    Communities

  • 74,042

    Units

  • 142

    Cities

2 Communities in Morrisville
Blackstone
Blackstone
  • 218

    Communities

  • 71,086

    Units

  • 121

    Cities

2 Communities in Morrisville
Drucker & Falk
Drucker & Falk
  • 163

    Communities

  • 38,592

    Units

  • 57

    Cities

2 Communities in Morrisville
KETTLER
KETTLER
  • 46

    Communities

  • 13,189

    Units

  • 31

    Cities

2 Communities in Morrisville
Willow Bridge
Willow Bridge
  • 716

    Communities

  • 197,852

    Units

  • 340

    Cities

1 Community in Morrisville

Learn More with Helpful Articles

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

When Is the Best Time to Move?

The pros and cons of moving during each season.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity