
Cheap Homes for Rent in Morganton, NC from $300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Morganton.


442 2nd St Pl SW

404 W Main St

2191 Maple Valley

715 23rd St NW

1726 Suburban Dr
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.

2353 US-70

1754 Zion Rd

100 2nd Ave SE

186 Eastview St

4388 Sawmills School Rd

137 18th St NW
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1406 Cliffside Pl SE
Morganton, NC Local Guide

How much does it cost to rent a home in Morganton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morganton 2 Bedroom Homes for Rent | $1,343 | $850 | $2,800 |
| Morganton 3 Bedroom Homes for Rent | $1,430 | $1,125 | $1,950 |
| Morganton 4 Bedroom Homes for Rent | $2,013 | $1,295 | $2,500 |
Browse Top Homes for Rent in Morganton
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Morganton, NC Local Guide
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Cheapest Available Morganton Apartments for Rent
 The cheapest available apartment rental in Morganton, NC is a 2 Beds unit found at 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 |
|---|---|---|---|
| Suburban Valley | 2 Beds, 2 Baths | 2BR,2BA | $950 |
| 101 Park Place Ave | One Bed | 1BR,1BA | $1,000 |
| Forest View Apartments | Two Bedroom | 2BR,1BA | $1,200 |
| Morganton Trading Company | 1 Bedroom Waitlist | 1BR,1BA | $1,200 |
| Murphy`s Farm Apartments | One Bedroom | 1BR,1BA | $1,201 |
Best Value Apartments for Rent in Morganton, NC
As of June 08, 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 Bedroom - Garden Model at Cedarbrook Apartments starting at $1,325 with a $1.16 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 |
| Cedarbrook Apartments | 2 Bedroom - Garden | 2BR,2BA | $1.16 |
| The Condominiums at Cedarwood | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Bost Road Apartments | 2 Bedroom | 2BR,1.5BA | $1.24 |
| Park View Apartments | 2BR/2BA | 2BR,2BA | $1.30 |
| Woodbridge Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.27 |
| Riverview Apartments | Two Bedroom - Front View | 2BR,2BA | $1.52 |
| 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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Frequently Asked Questions about Morganton
What type of rentals are currently available in Morganton?
There are currently 45 Apartments for Rent in Morganton, NC with pricing that ranges from $1,000 to $1,899. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morganton ranging from $395 to $2,800.
What is the current price range for Rental Homes in Morganton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morganton ranges from $395 to $2,800 with an average monthly rent of $1,279.
How much are larger Three and Four Bedroom Rentals in Morganton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Morganton range from $1,500 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.