117 Condos for rent in Morrisville, NC

Last updated July 19 at 6:39pm UTC
520 Excalibur Drive
Morrisville
Morrisville, NC
Updated July 19 at 6:39pm UTC
4 Bedrooms
$1,875
309 Courthouse Drive
Morrisville
Morrisville, NC
Updated July 19 at 6:37pm UTC
2 Bedrooms
$1,595
204 Traphill Drive
Morrisville
Morrisville, NC
Updated July 18 at 7:00am UTC
3 Bedrooms
$1,500
1420 Alemany Street
Morrisville
Morrisville, NC
Updated July 17 at 2:44am UTC
3 Bedrooms
$1,650
1032 Dawson Creek Road
Morrisville
Morrisville, NC
Updated July 14 at 7:13pm UTC
3 Bedrooms
$1,450
3321 Kudrow Lane
Morrisville
Morrisville, NC
Updated July 14 at 6:47am UTC
2 Bedrooms
$1,125
151 Prestonian Place
Preston
Morrisville, NC
Updated July 13 at 10:46pm UTC
3 Bedrooms
$1,950
232 Hampshire Downs Drive
Morrisville
Morrisville, NC
Updated July 12 at 10:47pm UTC
3 Bedrooms
$1,350
111 Brentfield Loop
Morrisville
Morrisville, NC
Updated July 12 at 3:01am UTC
3 Bedrooms
$1,550
1121 Kudrow Lane
Morrisville
Morrisville, NC
Updated July 11 at 11:18pm UTC
2 Bedrooms
$995
101 Grande Drive
Preston
Morrisville, NC
Updated July 11 at 3:05am UTC
3 Bedrooms
$2,000
520 Excalibur Drive
Morrisville
Morrisville, NC
Updated July 6 at 7:33am UTC
3 Bedrooms
$1,950
412 Dyersville Drive
Morrisville
Morrisville, NC
Updated July 19 at 6:23am UTC
3 Bedrooms
$1,549
709 Garden Square Lane
Morrisville
Morrisville, NC
Updated July 19 at 2:44am UTC
4 Bedrooms
$1,800
1028 Havenbrook Drive
Morrisville
Morrisville, NC
Updated July 17 at 11:03pm UTC
3 Bedrooms
$1,495
711 Keystone Park Drive
Morrisville
Morrisville, NC
Updated July 17 at 2:44pm UTC
2 Bedrooms
$1,350
2224 Historic Circle
Morrisville
Morrisville, NC
Updated July 17 at 6:45am UTC
3 Bedrooms
$1,550
1513 Kudrow Lane
Morrisville
Morrisville, NC
Updated July 14 at 7:08pm UTC
2 Bedrooms
$1,900
11201 Jeremiah Street
Morrisville
Morrisville, NC
Updated July 5 at 2:40am UTC
3 Bedrooms
$1,995
3312 Kudrow Lane
Morrisville
Morrisville, NC
Updated July 4 at 2:23am UTC
3 Bedrooms
$1,250
503 PERRAULT Drive
Morrisville
Morrisville, NC
Updated June 30 at 5:58pm UTC
3 Bedrooms
$1,450
2209 Kirkhaven Drive
Morrisville
Morrisville, NC
Updated June 30 at 4:42am UTC
4 Bedrooms
$1,650
201 Courthouse Drive
Morrisville
Morrisville, NC
Updated June 28 at 9:34am UTC
3 Bedrooms
$1,650
512 PERRAULT Drive
Morrisville
Morrisville, NC
Updated June 26 at 10:36am UTC
3 Bedrooms
$1,450

July 2018 Morrisville Rent Report

Welcome to the July 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

July 2018 Morrisville Rent Report

Welcome to the July 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 significantly over the past month

Morrisville rents have increased 0.4% over the past month, but are down slightly by 0.2% in comparison to the same time last year. Currently, median rents in Morrisville stand at $1,130 for a one-bedroom apartment and $1,320 for a two-bedroom. This is the third 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 1.0%, as well as the national average of 1.4%.

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 all of the largest 10 cities in North Carolina for which we have data. The state as a whole logged rent growth of 1.0% 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 $1,240; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Wilmington experiencing the fastest growth (+3.3%).
  • Winston-Salem, High Point, and Greensboro have all experienced year-over-year growth above the state average (3.3%, 2.4%, and 2.4%, respectively).

Morrisville rents more affordable than many large cities nationwide

As rents have fallen slightly 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 $1,320 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 0.2% decline in Morrisville.
  • While rents in Morrisville fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Miami (+1.8%).
  • Renters will find more reasonable prices in Morrisville than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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.