
Cheap Homes for Rent in Murphy, NC from $525 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Murphy.


666 Mountain View Rd

149 Sasha Dr

413 Mill St

2209 Bellview Ln
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.

871 Old Hwy 5

358 S Main St

154 Klare Ridge Ln

2680-A River Heights Rd

93 Mitchell Rd
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.
Murphy, NC Local Guide

How much does it cost to rent a home in Murphy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Murphy 2 Bedroom Homes for Rent | $2,035 | $1,500 | $2,800 |
| Murphy 3 Bedroom Homes for Rent | $1,982 | $1,350 | $4,200 |
| Murphy 4 Bedroom Homes for Rent | $2,691 | $2,300 | $3,000 |
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Murphy, NC Local Guide
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Cheapest Available Murphy Homes for Rent and Nearby
 The cheapest available rental home in Murphy, NC is a 2 Beds home found at 871 Old Hwy 5 priced from $1,500. 4 Granny Hughes Rd has the second lowest priced home, which is a 3 Beds rental home currently listed from $2,800. Here is today’s list of the most affordable Murphy homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 871 Old Hwy 5 | 871 Old Hwy 5 | 2BR, 1BA | $1,500 |
| 4 Granny Hughes Rd | 4 Granny Hughes Rd | 3BR, 3BA | $2,800 |
| 300 Harris Dr | 300 Harris Dr | 4BR, 3BA | $3,000 |
Best Value Homes for Rent in Murphy, NC and Nearby
As of September 18, 2026 the best value rental home in the Murphy area is the $1.37 price per square foot 300 Harris Dr Model at 300 Harris Dr starting from $3,000. The second greatest value Murphy rental home is the 55 Rustin Rdg Model at 55 Rustin Rdg in the Lumpkin County neighborhood starting at $2,700 with a $1.44 price per square foot. Here is today’s list of the best values for Murphy homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 300 Harris Dr | 300 Harris Dr | 4BR, 3BA | $1.37 |
| 55 Rustin Rdg | 55 Rustin Rdg | 4BR, 3BA | $1.44 |
| 4 Granny Hughes Rd | 4 Granny Hughes Rd | 3BR, 3BA | $1.56 |
| 871 Old Hwy 5 | 871 Old Hwy 5 | 2BR, 1BA | $1.50 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Murphy, NC
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Murphy
What type of rentals are currently available in Murphy?
There are currently 74 Apartments for Rent in Murphy, NC with pricing that ranges from $725 to $2,348. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Murphy ranging from $525 to $4,200.
What is the current price range for Rental Homes in Murphy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Murphy ranges from $525 to $4,200 with an average monthly rent of $2,057.
How much are larger Three and Four Bedroom Rentals in Murphy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Murphy range from $925 to $2,348, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $775.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.