Cheap Apartments for Rent in Morganton, NC
41 rentals
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NEW - 1 DAY AGOPET FRIENDLY$1,310 - $1,875/mo
1-2 Beds
1-2 BathsMurphy s Farm Apartments | 142 Patrick Murphy Dr #34,
Morganton, NC 28655
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,400 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,300 | $1,500 | $2,000 | $1,375 |
| Townhomes | — | $2,800 | $1,800 | — | $1,843 |
| Apartments and Condos | $1,200 | $1,025 | $1,500 | — | $1,200 |
| Houses | — | $2,500 | $1,600 | $2,000 | $1,600 |
Frequently Asked Questions about Rentals in Morganton, NC
- What is the average rent of an apartment in Morganton, NC?The average rent of an apartment in Morganton, NC is $1,133 per month. This is about 42% lower than the national average.
- What is the average rent of a house in Morganton, NC?The average rent of a house in Morganton, NC is $1,600 per month. This is about 18% lower than the national average.
- What is the average rent of a townhome in Morganton, NC?The average rent of a townhome in Morganton, NC is $1,843 per month. This is about 6% lower than the national average.
- When is the average rent cheapest in Morganton, NC?In the last year, the average rent in Morganton, NC was lowest in Jan 2025 when it was $1,150 per month.
- When is the average rent most expensive in Morganton, NC?In the last year, the average rent in Morganton, NC was highest in May 2025 when it was $1,550 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Morganton, NC?The average rent of a 1 bedroom apartment in Morganton, NC is $1,200 per month. That is about $1,700 less than the cost of a studio apartment.
- How many available rental listings are in Morganton, NC?There are 42 available rental listings in Morganton, NC.
- What are some zip codes in Morganton, NC?
- 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.