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 August 2025, 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 7.8% ($123) lower than the North Carolina average of $1,573 and 19.0% ($340) lower than the U.S. average of $1,790.

Average Rent

$1,450

Monthly ChangeMonth Over Month Change

20.2% ($244)

Yearly ChangeYear Over Year Change

20.2% ($244)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,087	7.7% ($78)	7.7% ($78)
2 Beds	$1,296	14.1% ($160)	14.1% ($160)
3 Beds	$1,665	14.8% ($215)	14.8% ($215)

Nearby Cities	Average Rent	Avg. Rent vs. Morehead CityAverage Rent vs. Morehead City	Avg. Days on MarketAverage Days on Market
Newport	$1,772	22.2% ($322)	35 days
Havelock	$1,386	4.4% ($64)	39 days
Swansboro	$1,363	6% ($87)	26 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.

What is the average rent in Morehead City, NC?

The average rent in Morehead City, NC is $1,450 per month.

What is the rental price range for houses in Morehead City, NC?

Houses in Morehead City typically rent for between $761 and $2,165 per month, with an average of $1,450 per month.

What is the average rent for different bedroom sizes in Morehead City, NC?

In Morehead City, the average rent for a 1-bedroom house is $1,087 per month, for a 2-bedroom house, $1,296 per month, and a 3-bedroom house is $1,665 per month.

How do rent prices in Morehead City, NC compare with the national average?

The average rent in Morehead City is 19% ($340) lower than the national average of $1,790 per month.

How have rent prices in Morehead City, NC changed recently?

The average rent in Morehead City has increased by 20.2% ($244) in the last month and increased by 20.2% ($244) over the past year.

How competitive is the rental market in Morehead City, NC?

The rental market in Morehead City, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Morehead City, NC?

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.

How many rental properties are available in Morehead City, NC?

There are currently 3 rental properties available in Morehead City, NC.

Can I afford to rent a house in Morehead City, NC?

Based on the current averages, a household would need an annual income of $51,840 to comfortably afford a 2-bedroom house in Morehead City.