Cheap Apartments for Rent in Morganton, NC

37 rentals

Apartments For Rent Near Morganton, NC

We found 30 more apartments matching your filters just outside Morganton

Average Rent Trends in Morganton, NC

Rent in Morganton, NC varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,317
Jul 2025$1,475
Aug 2025$1,500
Sep 2025$1,501
Oct 2025$1,475
Nov 2025$1,350
Dec 2025$1,250
Jan 2026$1,400
Feb 2026$1,246
Mar 2026$1,300
Apr 2026$1,300
May 2026$1,300
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,200$1,150$1,650$2,500$1,300
Townhomes—$850$1,950—$1,950
Apartments and Condos$1,200$1,075$1,450$1,500$1,200
Houses—$700$2,000$2,472$1,650
See more information about local market trends in Morganton, NC

Frequently Asked Questions about Rentals in Morganton, NC

  • What is the average rent in Morganton, NC?
    The average rent in Morganton, NC is $1,300. Rent prices range from $700 to as much as $3,000, depending on the type of rental.
  • How does the rent in Morganton, NC compare to the national average?
    Average rent in Morganton, NC is about 32% lower than the national average rent of $1,910. That means it is less expensive to rent in Morganton compared to the U.S. average.
  • What is the average rent in Morganton, NC, by number of bedrooms?
    The average rent in Morganton, NC is $3,500 for a studio, $1,200 for a 1 bedroom, $1,150 for a 2 bedroom, $1,650 for a 3 bedroom, and $2,500 for a 4 bedroom.
  • How have rent prices in Morganton, NC changed compared to last year?
    In the past year, the average rent price in Morganton, NC has decreased by $250. That means the average rent is 19% lower than last year.
  • How many available rental listings are in Morganton, NC?
    There are 35 available rental listings in Morganton, NC.
  • What are some zip codes in Morganton, NC?
    Morganton, NC includes zip codes such as: 28655, 28680.
  • What are some cities near Morganton, NC?
    Some nearby cities include: Glen Alpine, Drexel, Valdese, Nebo, Gamewell. These cities may have more rental options to explore.