Housing data for Morrisville, NC
Morrisville, NC has an estimated 31,422 residents and 13,506 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Wake County.
54.6% of households rent.
The median gross rent is $1,858 a month.
Its population grew measurably since 2015–2019 (+19.6%).
Figures last updated on .
- Residents
- 31,422 (±161)
- Housing units
- 13,506 (±580)
- Households that rent
- 54.6%
- Median gross rent
- $1,858
- Residents since 2015–2019
- +19.6%
What stands out in Morrisville
Homes built before 1980: 2.7% (±1.3 points) in Morrisville, lower than in Wake County (17.9%).
Households that rent: 54.6% (±3.8 points) in Morrisville, higher than in Wake County (35.9%).
Homes in buildings of 5 or more units: 39.7% (±4.5 points) in Morrisville, higher than in Wake County (23.9%).
Renters paying 30% or more of income: 24.8% (±5.5 points) in Morrisville, lower than in Wake County (48.2%).
- Age of homes in Morrisville
- Renters and owners in Morrisville
- Types of homes in Morrisville
- Rent burden in Morrisville
Housing in Morrisville at a glance
- Median rent: $1,858 median gross rent a month
- Rent by bedrooms: $1,812 median gross rent, 2 bedrooms
- Rent burden: 24.8% of renters pay 30% or more of income
- Renters and owners: 54.6% of households rent
- Income and affordability: $125,396 median household income
- Home values: $518,800 median home value
- Homeowner costs: $2,418 median monthly cost with a mortgage
- Property taxes: $4,078 median real estate taxes a year
- Types of homes: 39.7% of homes are in buildings of 5 or more units
- Bedrooms: 58.8% of homes have 3 or more bedrooms
- Age of homes: 2.7% of homes were built before 1980
- Vacancy rate: 12.9% rental vacancy rate
- Heating fuel: 52.0% heat with electricity
- Commute and cars: 21.8 minutes average trip to work
- Crime reported to police: 84 violent crimes per 100,000 residents
- Growth: +19.6% residents since 2015–2019
- How long people stay: 41.7% moved in since 2020
- Crowding and facilities: 3.6% of homes have more than 1 person per room
- Fair Market Rent: $2,120 Small Area FMR, 2 bedrooms (ZIP 27560)
Morrisville against Wake County, its state and the nation
| Morrisville | Wake County | North Carolina | United States | |
|---|---|---|---|---|
| Residents | 31,422 (±161) | 1,178,653 (exact) | 10,730,404 (exact) | 334,922,499 |
| Housing units | 13,506 (±580) | 496,047 (±204) | 4,895,668 (±642) | 143,775,355 |
| Households that rent | 54.6% (±3.8 points) | 35.9% (±0.7 points) | 33.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,858 (±$60) | $1,623 (±$16) | $1,228 (±$5) | $1,413 |
| Median household income | $125,396 (±$12,240) | $105,768 (±$1,626) | $72,388 (±$324) | $80,734 |
| Median home value | $518,800 (±$52,073) | $461,300 (±$3,848) | $288,900 (±$1,086) | $332,700 |
| Median real estate taxes (a year) | $4,078 (±$299) | $3,260 (±$35) | $1,896 (±$8) | $3,119 |
| Built before 1980 | 2.7% (±1.3 points) | 17.9% (±0.5 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 21.8 minutes (±2.3) | 25.1 minutes (±0.3) | 25.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 97.9% (±1.1 points) | 95.3% (±0.4 points) | 90.1% (±0.2 points) | 91.0% |
| Median age of residents | 35.2 years (±1.1) | 37.3 years (±0.1) | 39.1 years (±0.2) | 38.9 years |
Morrisville covers 9.2 square miles of land, about 3,425 residents per square mile (Census Bureau Gazetteer).
How Morrisville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 26,280 (±48) | 31,422 (±161) | +19.6% | Measurable increase |
| Housing units | 10,391 (±351) | 13,506 (±580) | +30.0% | Measurable increase |
| Median gross rent | $1,398 (±$35) | $1,858 (±$60) | +32.9% | Up after inflation |
| Median home value | $331,800 (±$11,892) | $518,800 (±$52,073) | +56.4% | Up after inflation |
| Median household income | $101,738 (±$8,138) | $125,396 (±$12,240) | +23.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,935 (±$91) | $2,418 (±$164) | +25.0% | No measurable change after inflation |
| Median real estate taxes | $3,201 (±$129) | $4,078 (±$299) | +27.4% | No measurable change after inflation |
| Households that rent | 52.5% (±3.3 points) | 54.6% (±3.8 points) | +2.1 percentage points | Not a measurable change |
| Rental vacancy rate | 4.7% (±2.4 points) | 12.9% (±4.1 points) | +8.2 percentage points | Measurable increase |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Morrisville
In 2025, the Morrisville Police Department reported 84 violent and 2,306 property crimes per 100,000 residents to the FBI.
ZIP codes in Morrisville
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 27560 | 32% | 40,792 | $1,840 | $508,200 | $118,417 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Morrisville
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Cary | 3.9 mi | $1,738 | $580,200 | 33.4% |
| Apex | 8.0 mi | $1,902 | $576,100 | 23.5% |
| Durham | 10 mi | $1,508 | $392,800 | 47.7% |
| Governors Village | 11 mi | $1,779 | $602,100 | 39.9% |
| Raleigh | 11 mi | $1,572 | $415,800 | 49.3% |
| Governors Club | 12 mi | — | $889,500 | 2.7% |
| Holly Springs | 13 mi | $2,021 | $535,800 | 19.4% |
| Chapel Hill | 13 mi | $1,613 | $613,700 | 52.6% |
Places in North Carolina most like Morrisville
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Raleigh | $1,572 | $415,800 | $85,395 | 49.3% |
| Carrboro | $1,470 | $539,400 | $85,743 | 56.5% |
| Pineville | $1,552 | $395,100 | $69,354 | 51.1% |
| Matthews | $1,764 | $445,100 | $108,611 | 35.6% |
| Charlotte | $1,612 | $385,700 | $82,068 | 49.0% |
| Chapel Hill | $1,613 | $613,700 | $85,989 | 52.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across North Carolina.
HUD Fair Market Rent for Morrisville, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,489 | $1,552 | $1,689 | $2,103 | $2,823 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Morrisville, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $27,800 | $46,350 | $74,100 |
| 2 people | $31,800 | $52,950 | $84,700 |
| 3 people | $35,750 | $59,550 | $95,300 |
| 4 people | $39,700 | $66,150 | $105,850 |
| 5 people | $42,900 | $71,450 | $114,350 |
| 6 people | $46,100 | $76,750 | $122,800 |
| 7 people | $50,040 | $82,050 | $131,300 |
| 8 people | $55,720 | $87,350 | $139,750 |
These are the limits HUD sets for its housing programs in the Raleigh-Cary, NC MSA, where HUD’s median family income for fiscal year 2026 is $132,300.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Morrisville
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Morrisville beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Morrisville, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Morrisville, and send estimates and invoices from your phone.
Questions about Morrisville
What is the average rent in Morrisville, NC?
The Census Bureau publishes the median rather than the average: the median gross rent in Morrisville is $1,858 (±$60) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Morrisville?
The median gross rent for a one-bedroom home in Morrisville, NC is $1,603 (±$84) a month (2020–2024 American Community Survey).
Are renters in Morrisville rent-burdened?
24.8% of renting households in Morrisville pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Morrisville?
Morrisville has an estimated 6,712 (±567) renting households, 54.6% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Morrisville?
The median household income in Morrisville is $125,396 (±$12,240) a year (2020–2024 American Community Survey).
What is the average home value in Morrisville, NC?
The Census Bureau publishes the median: $518,800 (±$52,073) for owner-occupied homes in Morrisville (2020–2024 American Community Survey).
Is Morrisville growing?
In Morrisville, the number of residents went from 26,280 in 2015–2019 to 31,422 in 2020–2024 (+19.6%), a measurable increase.
What ZIP codes are in Morrisville?
The ZIP code that covers Morrisville is 27560.
What is the median rent in ZIP code 27560?
The median gross rent in ZIP Code Tabulation Area 27560 is $1,840 (±$50) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Morrisville town, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Morrisville town, North Carolina
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Morrisville town, North Carolina
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Morrisville town, North Carolina
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Morrisville town, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Morrisville town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Morrisville town, North Carolina
- HUD Fair Market Rents, fiscal year 2027: Raleigh-Cary, NC MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Raleigh-Cary, NC MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Morrisville Police Department (ORI NC0921300)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Morrisville town, North Carolina (place:44520, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .