Homes for Rent in Morrisville, NC

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What to Know About

Life in Morrisville & Beyond

Morrisville shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Morrisville, NC

As of May 2025, Morrisville's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Morrisville's average rent is 7.5% ($119) higher than the North Carolina average of $1,593 and 4.5% ($81) lower than the U.S. average of $1,793.

Average Rent
$1,712
Monthly ChangeMonth Over Month Change
Decreased1.9% ($33)
Yearly ChangeYear Over Year Change
Decreased4.7% ($84)
Avg. Days on MarketAverage Days on Market
20
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,527 Decreased1.1% ($17) Decreased3.9% ($62)
2 Beds $1,837 Decreased0.6% ($12) Decreased3.8% ($73)
3 Beds $2,065 Decreased1.9% ($40) Decreased2.6% ($55)
Nearby Cities Average Rent Avg. Rent vs. MorrisvilleAverage Rent vs. Morrisville Avg. Days on MarketAverage Days on Market
Cary $1,756 Increased2.6% ($44) 20 days
Apex $1,726 Increased0.8% ($14) 29 days
Durham $1,665 Decreased2.7% ($47) 29 days
Raleigh $1,628 Decreased4.9% ($84) 28 days
Chapel Hill $2,046 Increased19.5% ($334) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Morrisville Rental Market FAQs

Explore rental prices, market trends, and availability in Morrisville, NC.

The average rent in Morrisville, NC is $1,712 per month.
Homes in Morrisville typically rent for between $1,069 and $2,685 per month, with an average of $1,712 per month.
In Morrisville, the average rent for a 1-bedroom home is $1,527 per month, for a 2-bedroom home, $1,837 per month, and a 3-bedroom home is $2,065 per month.
The average rent in Morrisville is 4.5% ($81) lower than the national average of $1,793 per month.
The average rent in Morrisville has decreased by 1.9% ($33) in the last month and decreased by 4.7% ($84) over the past year.
The rental market in Morrisville, NC, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Morrisville, NC, the average rental stays on the market for approximately 20 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 98 rental properties available in Morrisville, NC.
Based on the current averages, a household would need an annual income of $73,480 to comfortably afford a 2-bedroom home in Morrisville.
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