Morehead City, NC Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Morehead City is $1,523, a 1.9% increase compared to the previous year, when the average rent was $1,494.
One-bedroom apartments provide 853 square feet for $1,479, balancing privacy and affordability.
Two-beedroom units at $1,537 offer 1,126 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,359 sq ft) for $1,522, suitable for larger households.
Average rent in Morehead City, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,523 | 1,089 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,479 | 853 sq. ft. |
| 2 Beds | $1,537 | 1,126 sq. ft. |
| 3 Beds | $1,522 | 1,359 sq. ft. |
Morehead City, NC rent trends
Rental prices in Morehead City, NC have increased by 1.9% over the past year. The average rent moved from $1,494 to $1,523.
What's the typical rent budget in Morehead City, NC?
The largest share of rentals in Morehead City, NC (55%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Morehead City, NC?
2,642 or 53% of the households in Morehead City, NC are renter-occupied while 2,375 or 47% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Morehead City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.