salaryRent is higher than in 68% of U.S. cities. A typical house costs about 3.8 years of household income. It is a highly educated city: 72.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $79,120 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other North Carolina cities?
No. Rent here is more expensive than in most of North Carolina. It is number 137 of 164 cities from cheapest to most expensive.
How much do households earn in Morrisville?
Share of households by yearly income. 50.4% of households earn $100,000 or more.
Rent by apartment size in Morrisville
| Size | Morrisville | U.S. average |
|---|---|---|
| Studio | $1,762 | $1,338 |
| 1 bedroom | $1,687 | $1,324 |
| 2 bedrooms | $1,907 | $1,509 |
| 3 bedrooms | $2,215 | $1,698 |
| 4 bedrooms | $2,337 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Morrisville overall?
Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Morrisville, so the North Carolina figure is shown.
Taxes and bills in Morrisville
Life in Morrisville
Is it cheaper to rent or buy in Morrisville?
Renting is cheaper right now: about $1,622 a month less.
Owning assumes a typical $518,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $51,880 for the down payment.
Frequently asked questions
What is the average rent in Morrisville, NC?
Renting in Morrisville costs a median of about $1,978 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Morrisville?
To keep rent under 30% of income, you need about $79,120 a year, or $38 an hour at a full-time job.
Is Morrisville cheap or expensive?
Morrisville is rated Cheap: rent takes 17.6% of the typical household income of $135,240. It ranks 137th cheapest of 164 North Carolina cities we track.
How much are property taxes in Morrisville?
The median homeowner in Morrisville pays $4,078 a year in property taxes, about 0.79% of the median home value.
Is Morrisville more expensive than the national average?
Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Morrisville?
The median home value in Morrisville is $518,800, about 3.8 times the typical yearly household income.
31,422 people live in Morrisville. Numbers are typical (middle) values.