
Cheap Apartments for Rent in Morganton, NC from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Morganton.


Cedarbrook Apartments

Morganton Trading Company

Forest View Apartments

Glenwood Hills

Morgan Hills Apartments

Sienna
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Alder Springs Deaf & Blind Community

FG Communities Morganton Suburban Valley

1726 Suburban Dr

427 N Green St

1754 Zion Rd

1815 Conley Rd

2842 Dale St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Alpine Mills

Mimosa Square Apartments

200 Shady Rest Rd. Morganton NC

495 Stallings Rd

1243 Main Ave Dr NW

512 10th St SW

100 2nd Ave SE
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

3309 Clarence Towery Cir

1406 Cliffside Pl SE

8364 Cedar St

2320 Shade Tree St

132 Gantt Rd

1078 16th Ave NW

2155 White Pine M H P Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Morganton, NC Local Guide

How much does it cost to rent an apartment in Morganton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morganton 1 Bedroom Apartments | $1,477 | $1,000 | $1,708 |
| Morganton 2 Bedroom Apartments | $1,436 | $1,200 | $1,950 |
| Morganton 3 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
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Morganton, NC Local Guide
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Cheapest Available Morganton Apartments for Rent and Nearby
 The cheapest available apartment rental in Morganton, NC is a 2 Beds unit found at FG Communities Morganton Suburban Valley priced from $950. 101 Park Place Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Morganton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| FG Communities Morganton Suburban Valley | 2 Beds, 2 Baths | 2BR,2BA | $950 |
| 101 Park Place Ave | One Bed | 1BR,1BA | $1,000 |
| Cedarbrook Apartments | 1 Bedroom | 1BR,1BA | $1,095 |
| Morganton Trading Company | 1 Bedroom Waitlist | 1BR,1BA | $1,200 |
| Forest View Apartments | Two Bedroom | 2BR,1BA | $1,200 |
| Union Square Apartments | Two Bedroom - Two Bath | 2BR,2BA | $1,250 |
| Woodbridge Apartments | 2 Bedroom Standard | 2BR,1BA | $1,250 |
| Bost Road Apartments | 2 Bedroom | 2BR,1BA | $1,300 |
| Park View Apartments | 2BR/1.5BA | 2BR,1BA | $1,300 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Morganton, NC and Nearby
As of August 15, 2026 the best value apartment in the Morganton area is the $1.25 price per square foot 3 BR Model at 101 Park Place Ave in the starting from $1,500. The second greatest value Morganton apartment is the 2 Bed, 1.5 Bath Model Model at Plaza View Luxury Condominiums starting at $1,300 with a $1.18 price per square foot . Here is today’s list of the best values for Morganton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 101 Park Place Ave | 3 BR | 3BR,2BA | $1.25 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| The Condominiums at Cedarwood | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Bost Road Apartments | 2 Bedroom | 2BR,1.5BA | $1.24 |
| Woodbridge Apartments | 2 Bedroom Standard | 2BR,1BA | $1.20 |
| Park View Apartments | 2BR/2BA | 2BR,2BA | $1.30 |
| Riverview Apartments | Two Bedroom | 2BR,2BA | $1.50 |
| Cedarbrook Apartments | 1 Bedroom | 1BR,1BA | $1.18 |
| Union Square Apartments | Two Bedroom - Two Bath | 2BR,2BA | $1.52 |
| Forest View Apartments | Two Bedroom | 2BR,1BA | $1.47 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Morganton, NC
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Morganton, NC
Frequently Asked Questions about Cheap Morganton Apartments
How much is rent for a Cheap One Bedroom Morganton Apartment?
The lowest price for a Cheap One Bedroom Morganton Apartment is $1,000 at 101 Park Place Ave.
What is the lowest price for a Cheap Two Bedroom Morganton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Morganton is starting from $950 at FG Communities Morganton Suburban Valley.
What is the most affordable Morganton Three Bedroom Apartment?
The best deal on a cheap Morganton Three Bedroom Apartment rental is at Park View Apartments and starts from $1,500.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.