Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morrisville area can be challenging. Home prices in Morrisville are now at a median cost of $344,984, higher than the North Carolina average of $226,477.
The average cost of rent is $1,532/mo in Morrisville, primarily driven by the current value of real estate in the Morrisville area. While nearly 16.97% of residents own their homes outright in Morrisville, 52.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morrisville is $8,568 per month. Households that rent pay about 17.88% of their income on rent here. Morrisville's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Cary, NC: higher priced homes
- Apex, NC: higher priced homes
- Durham, NC: less expensive homes
- Raleigh, NC: less expensive homes
- Chapel Hill, NC: less expensive homes
- Carrboro, NC: higher priced homes
- Fearrington, NC: higher priced homes
- Bynum, NC: equally priced homes
- Pittsboro, NC: equally priced homes
- Wake Forest, NC: equally priced homes
Cities with Similar Populations
- Belleville, MI: less expensive homes
- Buda, TX: less expensive homes
- Bullhead City, AZ: less expensive homes
- Burlington, VT: higher priced homes
- Chatsworth, CA: higher priced homes
- Clifton Park, NY: less expensive homes
- Clovis, NM: less expensive homes
- Eagle Mountain, UT: higher priced homes
- Elmwood Park, IL: less expensive homes
- Essex, MD: less expensive homes
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