Rentometer, Inc. | Data as of 10/23/2025
Morganton, North Carolina offers a vibrant rental market that blends historic charm with easy access to the natural beauty of the Blue Ridge Mountains. Renters can choose from a variety of modern apartments located in the revitalized downtown district, the family‑friendly suburbs near the Catawba River, and quiet neighborhoods close to popular attractions such as the Burwell School Historic Site and the historic Penn House. The city’s well‑maintained parks, local breweries, and a growing dining scene make it an appealing destination for young professionals, retirees, and families alike.
Apartment options dominate the market, with studios and one‑ to two‑bedroom units typically priced in the low $1300s, while three‑bedroom apartments trend toward the $1500‑$1800 range. These units often feature contemporary amenities, onsite fitness centers, and convenient proximity to major employers, colleges, and transportation corridors. Whether you’re seeking a walkable lifestyle near Main Street’s boutique shops or a quiet retreat near the foothills, Morganton’s rental landscape provides diverse choices that cater to a wide range of lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,327 | $1,325 | $1,259 - $1,399 | $1,259 - $1,399 |
| Apartment | 1 Bedroom | $1,310 | $1,300 | $1,000 - $1,700 | $1,075 - $1,425 |
| Apartment | 2 Bedroom | $1,348 | $1,300 | $1,200 - $2,000 | $1,200 - $1,325 |
| Apartment | 3 Bedroom | $1,808 | $1,500 | $1,425 - $2,500 | $1,425 - $2,500 |
In the current period, the average rent in Morganton was $1,328 for Studio, $1,311 for 1 Bedroom, $1,348 for 2 Bedroom, and $1,808 for 3 Bedroom.
Data provided by Rentometer, Inc.