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163 Condos for rent in Morrisville, NC

Last updated September 19 at 5:27am UTC
705 Keystone Park Drive
Morrisville
Morrisville, NC
Updated September 19 at 5:27am UTC
4 Bedrooms
$2,195
705 Keystone Park Drive
Morrisville
Morrisville, NC
Updated September 19 at 5:27am UTC
3 Bedrooms
$1,595
1005 Hamlet Park Drive
Morrisville
Morrisville, NC
Updated September 14 at 11:45pm UTC
2 Bedrooms
$1,175
5306 Jessip Street
Morrisville
Morrisville, NC
Updated September 10 at 6:35am UTC
3 Bedrooms
$1,575
1032 Dawson Creek Road
Morrisville
Morrisville, NC
Updated September 5 at 10:40am UTC
3 Bedrooms
$1,400
5530 Jessip Street
Morrisville
Morrisville, NC
Updated August 31 at 10:39am UTC
3 Bedrooms
$1,750
1112 Chenille Drive
Morrisville
Morrisville, NC
Updated August 29 at 3:06am UTC
2 Bedrooms
$1,150
806 Sutter Gate Lane
Morrisville
Morrisville, NC
Updated August 27 at 11:03pm UTC
3 Bedrooms
$1,450
224 Ruby Walk Drive
Morrisville
Morrisville, NC
Updated August 26 at 2:55am UTC
4 Bedrooms
$1,495
704 Sutter Gate Lane
Morrisville
Morrisville, NC
Updated August 22 at 10:49pm UTC
3 Bedrooms
$1,395
111 Brentfield Loop
Morrisville
Morrisville, NC
Updated August 21 at 10:31pm UTC
3 Bedrooms
$1,495
509 Ruby Walk Drive
Morrisville
Morrisville, NC
Updated August 19 at 6:21am UTC
3 Bedrooms
$1,395
1105 Craigmeade Drive
Morrisville
Morrisville, NC
Updated August 9 at 6:49am UTC
3 Bedrooms
$1,695
1524 Alemany Street
Morrisville
Morrisville, NC
Updated July 24 at 6:43am UTC
3 Bedrooms
$1,550
309 Courthouse Drive
Morrisville
Morrisville, NC
Updated July 19 at 6:37pm UTC
2 Bedrooms
$1,595
11201 Jeremiah Street
Morrisville
Morrisville, NC
Updated July 5 at 2:40am UTC
3 Bedrooms
$1,995
708 Mardonie Reach Lane
Cary
Cary, NC
Updated September 15 at 4:37am UTC
3 Bedrooms
$1,425
269 Murray Glen Drive
Apex
Apex, NC
Updated September 11 at 3:11am UTC
3 Bedrooms
$1,650
1113 Garden Square Lane
Morrisville
Morrisville, NC
Updated September 12 at 11:09pm UTC
3 Bedrooms
$1,650
5376 Jessip Street
Morrisville
Morrisville, NC
Updated September 12 at 11:08pm UTC
3 Bedrooms
$1,599
2228 Historic Cir
Morrisville
Morrisville, NC
Updated September 9 at 10:18am UTC
3 Bedrooms
$1,650
Results within 1 miles of Morrisville, NC
100 Chandler Chase Court
Morrisville
Morrisville, NC
Updated August 14 at 2:45am UTC
3 Bedrooms
$1,495
1712 Corwith Drive
Morrisville
Morrisville, NC
Updated August 9 at 2:49am UTC
3 Bedrooms
$1,595
167 Wildfell Trail
Cary
Cary, NC
Updated September 15 at 9:38pm UTC
3 Bedrooms
$1,750

September 2018 Morrisville Rent Report

Welcome to the September 2018 Morrisville Rent Report. Morrisville rents increased over the past month. In this report, we'll evaluate trends in the Morrisville rental market, including comparisons to cities throughout the state and nation.

View full Morrisville Rent Report
Rent Report
Morrisville

September 2018 Morrisville Rent Report

Welcome to the September 2018 Morrisville Rent Report. Morrisville rents increased over the past month. In this report, we'll evaluate trends in the Morrisville rental market, including comparisons to cities throughout the state and nation.

Morrisville rents increased moderately over the past month

Morrisville rents have increased 0.3% over the past month, but are down moderately by 1.3% in comparison to the same time last year. Currently, median rents in Morrisville stand at $1,140 for a one-bedroom apartment and $1,330 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in March. Morrisville's year-over-year rent growth lags the state average of 0.8%, as well as the national average of 1.0%.

Rents rising across cities in North Carolina

While rent decreases have been occurring in the city of Morrisville over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in North Carolina for which we have data. The state as a whole logged rent growth of 0.8% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,250; of the 10 largest cities in the state that we have data for, Durham, where a two-bedroom goes for $1,080, is the only other major city besides Morrisville to see rents fall year-over-year (-0.4%).
  • High Point, Winston-Salem, and Asheville have all experienced year-over-year growth above the state average (2.4%, 2.2%, and 2.1%, respectively).

Morrisville rents more affordable than many large cities nationwide

As rents have fallen moderately in Morrisville, many large cities nationwide have seen prices increase, in some cases substantially. Morrisville is also more affordable than most large cities across the country.

  • Morrisville's median two-bedroom rent of $1,330 is above the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 1.3% decline in Morrisville.
  • While rents in Morrisville fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in Morrisville than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than twice the price in Morrisville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.