Last updated April 11, 2026

Average Rent in South Morrisville & Rent Trends

Rent prices and market trends across 4 apartment communities in South Morrisville, Morrisville NC. Updated daily.

Area All Neighborhoods North Morrisville South Morrisville

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$1,765

/month

▲ +1.5% from last month

Lowest Available

$1,126

Communities

Units Listed

121

South Morrisville vs Morrisville NC Average

South Morrisville is more expensive the Morrisville NC average by $60/mo (4%). The citywide average is $1,705/mo across all neighborhoods.

Is Rent Going Up or Down in South Morrisville?

As of April 2026, the average rent in South Morrisville is $1,765 per month across 4 apartment communities and 121 available units. Rents have increased $22 (1.5%) over the past month.

The most affordable option is The Waterford Apartments starting at $1,126/mo. By unit type, a studio averages $1,483/mo, a 1-bedroom averages $1,583/mo, a 2-bedroom averages $2,131/mo, a 3-bedroom averages $1,909/mo.

Prices range from $1,126 to $3,835 per month. The most common price point is the $1,600 range, where 34 units are currently listed.

South Morrisville Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in South Morrisville

Studio

$1,483

from $1,287 · 9 units

1 Bed

$1,583

from $1,126 · 69 units

2 Bed

$2,131

from $1,293 · 40 units

3 Bed

$1,909

from $1,786 · 3 units

Rent Prices by Apartment in South Morrisville

Property	Starting at	Average	Units	Rating
The Waterford Apartments	$1,126/mo	$1,491/mo	30	3.7
ARIUM at Perimeter Park	$1,287/mo	$1,525/mo	10	4.4
Aviation Crossing Apartments	$1,293/mo	$1,536/mo	8	4
Novel Morrisville	$1,399/mo	$1,935/mo	73	4.8