Cheap Apartments for Rent in Morganton, NC
37 rentals
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- $1,281 - $1,870/mo1-2 Beds1-2 BathsMurphy s Farm Apartments | 142 Patrick Murphy Dr #25,
Morganton, NC 28655 Save Search in Morganton, NC
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Apartments For Rent Near Morganton, NC
We found 30 more apartments matching your filters just outside Morganton
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- $1,275 - $1,775/mo2-3 Beds1-2 BathsCedar Hills Apartments and Towhomes | 1055 Taylorsville Rd SE #0433737bf,
Lenoir, NC 28645
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.
| Month | Average 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 |
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?
- 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.