Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Morrisville, NC Rental Market Trends

Highlights

The average rent for an apartment in Morrisville is $1,280, a 1% increase compared to the previous year, when the average rent was $1,262.

Average Rent in Morrisville, NC

Last updated March 2021

Average Rent	Y-o-Y Change	Average Apartment Size
$1,280	1%	1,035 sq. ft.

The average size for a Morrisville, NC apartment is 1,035 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Morrisville, NC Apartment Rent Ranges

$701-$1,0009%
$1,001-$1,50076%
$1,501-$2,00014%
> $2,0001%

Morrisville, NC Occupied Housing Units

Renter-occupied Households30%
Owner-occupied Households69%

2,918 or 30% of the households in Morrisville, NC are renter-occupied while 6,781 or 69% are owner-occupied.

Morrisville, NC Rent Trends

Average Rent	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Mar / 2021
Morrisville, NC	$1,134	$1,134	$1,166	$1,219	$1,259	$1,262	$1,244	$1,266	$1,280
National	$1,311	$1,342	$1,351	$1,356	$1,388	$1,395	$1,397	$1,389	$1,392

Access comprehensive real estate data and information on Yardi Matrix

How Morrisville Compares to Other Cities

	Average Rent	Y-o-Y Change
Charlotte	$1,290	3%
Raleigh	$1,253	2%
Winston - Salem	$944	6%
Durham	$1,200	1%
Greensboro	$988	8%
Cary	$1,228	n/a
Morrisville	$1,280	1%
Apex	$1,270	2%
Carrboro	$1,081	1%
Downing Creek	$1,373	4%
Sedgefield	$1,388	1%

For more information about the Morrisville rental trends, check out our monthly rent report

Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

Cheapest Listings on RENTCafé

Crabtree Crossing Apartments And Townhomes

$920 - $1,795

1-3 Beds
1-2.5 Baths
790 - 1,705 Sq.Ft.

Huntington Apartments

$925 - $1,155

1-3 Beds
1-2.5 Baths
1,430 Sq.Ft.

Indigo

$926 - $2,329

1-2 Beds
1-3 Baths
535 - 1,162 Sq.Ft.

ARIUM Weston

$930 - $2,360

1-3 Beds
1-2 Baths
795 - 1,580 Sq.Ft.

Bexley Park

$949 - $1,721

1-3 Beds
1-2 Baths
772 - 1,602 Sq.Ft.

Reserve At Arringdon

$968 - $3,843

1-3 Beds
1-2 Baths
738 - 1,350 Sq.Ft.

The Lex At Brier Creek

$984 - $2,991

1-3 Beds
1-2 Baths
713 - 1,980 Sq.Ft.

Avellan Springs Apartments

$1,030 - $1,919

1-3 Beds
1-2 Baths
775 - 1,326 Sq.Ft.

Preston View

$1,045 - $2,162

1-3 Beds
1-2 Baths
769 - 1,517 Sq.Ft.

Bexley At Preston

$1,055 - $1,667

1-3 Beds
1-2 Baths
802 - 1,246 Sq.Ft.

Brizo

$1,095 - $3,989

1-3 Beds
1-2 Baths
661 - 1,471 Sq.Ft.

The Bristol

$1,099 - $1,575

1-3 Beds
1-2 Baths
843 - 1,656 Sq.Ft.

Carrington At Perimeter Park

$1,145 - $2,685

1-3 Beds
1-2 Baths
691 - 1,540 Sq.Ft.

Century Park Place

$1,165 - $1,598

1-3 Beds
1-2 Baths
866 - 1,522 Sq.Ft.

Pointe At Lake CrabTree

$1,310 - $2,515

1-3 Beds
1-2 Baths
748 - 1,486 Sq.Ft.

Bainbridge Aviation Crossing

$1,339 - $2,106

Studio-3 Beds
1-2 Baths
715 - 1,465 Sq.Ft.

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Morrisville apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.