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Morganton, NC Condos for Rent

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  • /10

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • First Floor renovated two-bedroom, one-bath apartment in downtown Morganton

    106 S Anderson St Unit B102, Morganton, NC 28655

    Available June 7 — A recently renovated two-bedroom, one-bath apartment located in downtown Morganton just off historic West Union Street. At the Anderson Apartments, you can easily walk to your favorite restaurants and shops.This first-floor unit offers both private ground-level balcony access and private interior hallway entry, providing added convenience and flexibility. Inside, you'll

    106 S Anderson St Unit B102, Morganton, NC 28655
  • /15

    $1,350 Per Month

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • 1 bed 1 bath downtown Morganton with water, sewer included in rent.

    206 Patterson St Unit D, Morganton, NC 28655

    This downtown apartment with a private balcony and off-street parking offers convenient access to everything downtown Morganton has to offer. Pets are welcome! Water, sewer, and parking are included. Residents love the walkable central location, abundant natural light, and the professional community surrounding them.This one bedroom, one bath apartment is an upstairs unit in a freshly

    206 Patterson St Unit D, Morganton, NC 28655
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    $1,500 Per Month

    • 4 Beds
    • 1 Bath
    • 1,070 Sq Ft
    • Condo for Rent

    204 E Mcdowell St Unit B, Morganton, NC 28655

    This impressive commercial property in downtown Morganton presents an exceptional opportunity for businesses seeking flexible, professional space in a prime location. The 1070 square foot portion of the building features 4 well-appointed office spaces (or 3 offices and 1 conference room), and 1 bathroom.What sets this property apart is its remarkable flexibility. The space can be leased

    204 E Mcdowell St Unit B, Morganton, NC 28655

Frequently Asked Questions

How much does it cost to rent a condo in Morganton, NC?
The median rent for a condo in Morganton, NC is $1,350 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Morganton, NC?
To comfortably afford the median rent in Morganton, NC, a household needs to earn roughly $52,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,322 per month in Morganton, NC, renters typically need to show $3,966 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Morganton, NC?
In Morganton, NC, the price-to-rent ratio is 17.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Morganton, NC

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,350
Median 1 Bedroom Condo Rent
$1,323
Median 2 Bedroom Condo Rent
$2,195
How to Rent a Home