Homes & Apartments for Rent in 28557

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What to Know About

Life in Morehead City & Beyond

Morehead City shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Morehead City, NC

As of May 2026, Morehead City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morehead City's average rent is 4.4% ($66) lower than the North Carolina average of $1,484 and 20.7% ($371) lower than the U.S. average of $1,789.

Average Rent
$1,418
Monthly ChangeMonth Over Month Change
Increased1.4% ($19)
Yearly ChangeYear Over Year Change
Increased17.6% ($212)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,160 Increased0.5% ($6) Increased15% ($151)
2 Beds $1,346 Increased1.4% ($18) Increased18.5% ($210)
3 Beds $1,755 Increased3% ($51) Increased21% ($305)
Nearby Cities Average Rent Avg. Rent vs. Morehead CityAverage Rent vs. Morehead City Avg. Days on MarketAverage Days on Market
Atlantic Beach $1,874 Increased32.2% ($456) 34 days
Newport $1,673 Increased18% ($255) 35 days
Havelock $1,260 Decreased11.1% ($158) 39 days
Beaufort $2,444 Increased72.4% ($1026) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Morehead City Rental Market FAQs

Explore rental prices, market trends, and availability in Morehead City, NC.

The average rent in Morehead City, NC is $1,418 per month.
Homes in Morehead City typically rent for between $812 and $2,282 per month, with an average of $1,418 per month.
In Morehead City, the average rent for a 1-bedroom home is $1,160 per month, for a 2-bedroom home, $1,346 per month, and a 3-bedroom home is $1,755 per month.
The average rent in Morehead City is 20.7% ($371) lower than the national average of $1,789 per month.
The average rent in Morehead City has increased by 1.4% ($19) in the last month and increased by 17.6% ($212) over the past year.
The rental market in Morehead City, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Morehead City, NC, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 9 rental properties available in Morehead City, NC.
Based on the current averages, a household would need an annual income of $53,840 to comfortably afford a 2-bedroom home in Morehead City.
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