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The Waterford Apartments (opens in new tab)

1000 Park Place Avenue, Morrisville, NC 27560

(919) 705-0916

$1,199+/moTotal price12-mo lease

29 units available

1 bed • 2 bed • 3 bed

Amenities

In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Parking, Recently renovated + more

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Embark (opens in new tab)

3000 Bearing Wy, Morrisville, NC 27560

(984) 341-8978

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City Guide

The average rent for a 1 bedroom apartment in Morrisville is $1,541+, while the average rent for a 2 bedroom apartment is $1,899+. Rent rates updated 8 days ago

Studio: $1,461+
Prices trending down
1 Bed: $1,541+
Prices trending down
2 Beds: $1,899+
Prices trending down
3+ Beds: $2,252+
Prices trending down

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

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Frequently Asked Questions (FAQs)

In Morrisville, NC, the average rent is $1,461+ for a studio, $1,541+ for a 1-bedroom, $1,899+ for a 2-bedroom, and $2,252+ for a 3-bedroom.* For more information on rental trends in Morrisville, NC, check out our monthly Morrisville, NC Rent Report.
*Based on base prices that don’t include fees
You can find the lowest-priced apartments in Morrisville, NC by using the cheap apartments filter or you can search by apartments that are offering move-in specials.
You can use the pet-friendly filter to find Morrisville, NC apartments that allow pets.
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Morrisville, NC.
You can use the off-campus housing filters to find apartments near colleges located in or around Morrisville, NC. Some of the colleges and universities in the area include North Carolina State University at Raleigh, Shaw University, Duke University, Wake Technical Community College, Southeastern Baptist Theological Seminary, and Durham Technical Community College.

Morrisville Rent Report: October 2026

Welcome to the Apartment List October 2026 Rent Report for Morrisville, NC. Currently, the overall median rent in the city stands at $1,700, roughly the same as last month. Prices remain down 0.5% year-over-year. Read on to learn more about what’s been happening in the Morrisville rental market and how it compares to trends throughout the broader Raleigh metro area and the nation as a whole.

View full Morrisville Rent Report