How much does it cost to rent in Morrisville, NC?

As of July 2026, the median monthly rent in Morrisville, NC is $1,714. This figure is based on aggregated data from public sources and community-submitted rents.

Is Morrisville cheaper than other North Carolina cities?

Morrisville falls in the middle range for North Carolina, ranking #67 out of 126 cities at $1,714/mo.

When was Morrisville rent data last updated?

Morrisville rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NC

Morrisville

Name: Average Rent Prices in Morrisville, NC
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 31,422·67th most expensive in North Carolina·Morrisville rents are up 8.7% over the past year

Median rent (all units)

$1,714/mo

Year-over-Year

+8.7%

Month-over-Month

+0.8%

vs US Median

-$251

Rising (Monthly)

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Most AffordableMost Expensive

Morrisville · $1,714

More affordable than 60% of US cities · National median $1,965/mo

Rent Reality Score

67/100

Good value

OverheatedFairGreat value

Rents are 9% below what Morrisville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,714/mo

Expected by trend

$1,873/mo

The Rent Reality Score compares today's median rent to where Morrisville's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,352

1 BR

$1,408

2 BR

$1,571

3 BR

$1,953

4 BR+

$2,590

Research median

$1,571/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$20,568/yr

At $1,714/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.7% YoY, +0.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Morrisville, NC is roughly split between renters and owners, has a median income above the national average, 72.7% of residents hold a bachelor's degree or higher.

Population

31,422

Median income

$125,396

Median age

35.2

Renters

54.6%

Age distribution

23%

26.7%

33%

Under 1823%

18–3426.7%

35–5433%

55–6410.5%

65+6.9%

Gender

50.5%

49.5%

Male50.5%

Female49.5%

Race & ethnicity

36.6%

13.7%

41.1%

White36.6%

Black13.7%

Hispanic3.6%

Asian41.1%

Other5%

Education (25+)

16.8%

72.7%

No HS diploma2.2%

HS diploma8.3%

Some college16.8%

Bachelor's+72.7%

Housing tenure

45.4%

54.6%

Owner45.4%

Renter54.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Morrisville, NC has changed in 5 years

Rent

$1,391 → $1,714

up 23.2%

Income

$106,891 → $125,396

up 17.3%

Population

28,824 → 31,422

up 9.0%

Renter share

48.3% → 54.6%

+6.3 pts

Bachelor's+

71.5% → 72.7%

+1.2 pts

Median age

34.1 → 35.2

+1.1 yrs

The median rent in Morrisville, NC stood at $1,391 in 2021 and currently runs about $1,714, reflecting a 23.2% increase over the period. Household income in the area moved from $106,891 to $125,396 across the same window, up 17.3% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 9.0% since 2021, moving from about 28,824 residents to roughly 31,422. Renters now make up 54.6% of households, compared with 48.3% five years ago. Reading these numbers side by side helps frame whether current listings in Morrisville, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about Morrisville

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View Morrisville rent history (2015–2026) →

Salary vs rent

Can you afford rent in Morrisville on your salary?

At $1,714/mo, how Morrisville rent compares to typical pay (30% rule).

Registered Nurse

Avg $88,811/yr · Rent = 23.2% income

affordable

Elementary School Teacher

Avg $63,055/yr · Rent = 32.6% income

stretched

Police Officer

Avg $72,634/yr · Rent = 28.3% income

affordable

Software Developer

Avg $129,823/yr · Rent = 15.8% income

very comfortable

Lawyer

Avg $165,882/yr · Rent = 12.4% income

very comfortable

Firefighter

Avg $59,041/yr · Rent = 34.8% income

stretched

Truck Driver

Avg $53,307/yr · Rent = 38.6% income

stretched

Electrician

Avg $65,706/yr · Rent = 31.3% income

stretched

By apartment size

Morrisville rent by bedroom count

Median rent for each apartment size in Morrisville. Click any size for full breakdown.

Local insights

Tips for renters in Morrisville

About renting in Morrisville, NC

Last updated: July 20, 2026

The median rent in Morrisville is $1,714/mo as of July 2026. A studio apartment averages $1,352/mo while a 2-bedroom runs $1,571/mo. One-bedroom apartments average $1,408/mo and 3-bedroom units go for $1,953/mo.

At 16% of local median household income ($125,396/yr), Morrisville ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.7% over the past year.

FAQ

Frequently asked questions

Is Morrisville an affordable city for renters?

Morrisville is considered very affordable for renters. At $1,714/mo, rent takes approximately 16% of the local median household income ($125,396/yr). The standard benchmark is 30%. Morrisville falls comfortably within that range.

How much income do you need to rent in Morrisville?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,714/mo in Morrisville. The local median household income is $125,396/yr, meaning the typical Morrisville household meets that threshold.

Is rent going up or down in Morrisville?

Rent in Morrisville has increased 8.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Morrisville rent compare to other cities in North Carolina?

Morrisville is middle-of-the-pack for North Carolina for rent, ranking #67 out of 126 tracked cities at $1,714/mo.

Which nearby cities are cheaper to rent in than Morrisville?

Several nearby cities have lower median rents than Morrisville ($1,714/mo): Raleigh ($1,579/mo), Durham ($1,700/mo).

What percentage of Morrisville residents rent vs. own?

According to Census data, approximately 54.6% of Morrisville households are renters, while 45.4% are owner-occupied. With a majority renter population, Morrisville has a strong rental market.

How does Morrisville rent compare to the national average?

Morrisville's median rent of $1,714/mo is $251 (13%) below the US national median of $1,965/mo. Within North Carolina, it ranks #67 out of 126 tracked cities.

Income Affordability

16%

VERY AFFORDABLE

At $1,714/mo, rent takes ~16% of Morrisville's median household income ($125,396/yr). The standard benchmark is 30%.

Morrisville 16%Benchmark 30%

State income tax4.5%

Run the Morrisville affordability calculator →

Nearby cities