What is the average apartment size in Morganton?

The average size for a Morganton, NC apartment is 1,054 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Morganton?

As of Jan / 2026, the average rent in Morganton is $1,498 per month, a 0.64% decrease from last years average of $1,508.

What is the average apartment size in Morganton?

The typical apartment in Morganton offers about 1,054 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Morganton, NC Rental Market Trends

Q: What's the typical rent budget in Morganton?

The typical rent budget in Morganton ranges from $1,501 to $2,000 per month, with 53% of rentals in this range.

Q: Do most people rent or own in Morganton?

In Morganton, 48% of households rent while 52% own their homes, based on the latest U.S. Census data.

Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Morganton is $1,498, a 0.64% decrease compared to the previous year, when the average rent was $1,508.

One-bedroom apartments provide 800 square feet for $1,367, balancing privacy and affordability.

Two-beedroom units at $1,518 offer 1,090 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,201 sq ft) for $1,556, suitable for larger households.

Average rent in Morganton, NC

Last updated: February 18, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,498	1,054 sq. ft.
Studio	n/a	n/a
1 Bed	$1,367	800 sq. ft.
2 Beds	$1,518	1,090 sq. ft.
3 Beds	$1,556	1,201 sq. ft.

Morganton, NC rent trends

Rental prices in Morganton, NC have decreased by 0.64% over the past year. The average rent moved from $1,508 to $1,498.

What's the typical rent budget in Morganton, NC?

The largest share of rentals in Morganton, NC (53%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Morganton, NC?

3,220 or 48% of the households in Morganton, NC are renter-occupied while 3,462 or 52% are owner-occupied.

How Morganton Compares to Other Cities

City	Average Rent
Morganton	$1,498
Charlotte	$1,652
Raleigh	$1,574
Winston - Salem	$1,280
Greensboro	$1,322
Durham	$1,541
Fayetteville	$1,279
Concord	$1,525
Clayton	$1,590
Wilmington	$1,613
High Point	$1,243
Hickory, NC	$1,497
Boone, NC	$2,623
Shelby, NC	$1,230
Lincolnton, NC	$1,388
Lenoir, NC	$1,386
Newton, NC	$1,512

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Morganton apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.