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Apartments in Morganton

1 - 4 of 4 Results
0
$975 - 1,295
Old School Apartments
510 S College St Morganton, NC
Studio - 1 BR | Dec. 1, 2024
Contact
Cat Friendly
Dishwasher
12
$1,800
4 Bed 2 Bath Home Recently Remodeled Off Of Bost Rd.
201 Kela Dr Morganton, NC
4 BR | Available Now
Contact
House
Dishwasher
22
$1,150
Cn Ross St 118
118 Ross St Morganton, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
27
$1,300
206 Patterson St
Morganton, NC
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1 - 4 of 4 Results
  1. Home
  2. Morganton

How much does it cost to rent an apartment in Morganton?

Morganton Apartments
Bed Type Average Rent Range
1BR $1,300 $1,300 - $1,300
2BR $1,150 $1,150 - $1,150
Frequently Asked Questions

How many apartments are available in Morganton, NC on Rentable.co?

Rentable.co has over 77 apartments available in Morganton.

What is the average rent for a one-bedroom apartment in Morganton, NC?

The average rent for a one-bedroom apartment in Morganton is around $1,300 per month.

What is the average rent for a two-bedroom apartment in Morganton, NC?

The average rent for a two-bedroom apartment in Morganton is around $1,150 per month.

How expensive is it to rent an apartment in Morganton, NC?

For a two-bedroom apartment in Morganton, the average rent price is $1,150 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Morganton, NC?

Based on average rent prices in Morganton, to afford a one-bedroom apartment you would need an annual household income of $52,000 to live comfortably.

Search Cities Near Morganton, NC

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Morganton:
November Rent Report

Welcome to the November 2024 Morganton Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Morganton rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Morganton and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Morganton average rent prices in the chart below.

Monthly Rent Report

$1,400
$1,050
$700
$350
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Morganton Rent Prices Increase From October to November

Morganton rent prices increased over the last month. From October to November, the city experienced a 11.39% increase for the price of a one-bedroom apartment. The rent price for a Morganton one-bedroom apartments currently stands at $1,183.0.

When we take a look at the two-bedroom comparison from October to November, Morganton experienced a -0.43% decrease for the price of a two-bedroom apartment. The rent price for a Morganton two-bedroom apartments currently stands at $1,163.0.

November Prices: Morganton vs. Surrounding Areas

Rent Prices in Morganton and Surrounding Areas

Rent prices have increased in Morganton over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Morganton suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Morganton suburbs

  • Rents did not decrease in any of the Morganton suburbs.

November 2024 Pricing Trends: Morganton vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Morganton Rent Prices More Affordable Than Major Cities

Rent growth in Morganton over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Morganton average rent prices appear to be relatively affordable for local residents.

The price for a Morganton one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Morganton and surrounding area rent prices, take a look at the complete data set below.

Data set for Morganton and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.