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Rent by ZIP · Wake County

Rent in Morrisville, NC 27560

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,120 (-4.9% vs FY2026). Renters in this ZIP code pay a median $1,840 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,860$1,930-3.6%$1,674–2,046$1,715 ±$44
1 bedroom$1,940$2,020-4%$1,746–2,134$1,590 ±$77
2 bedrooms$2,120$2,230-4.9%$1,908–2,332$1,826 ±$70
3 bedrooms$2,640$2,790-5.4%$2,376–2,904$2,098 ±$100
4 bedrooms$3,460$3,660-5.5%$3,114–3,806$2,249 ±$35

Small Area FMRs for the Raleigh-Cary, NC MSA. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Raleigh-Cary, NC MSA, 2 bedrooms: $1,689.

What renters pay in 27560

Median gross rent$1,840±$50 · all sizes
Renter households9,89459% of occupied homes
No cash rent206households

How rents are spread

Under $1,0002%
$1,000–1,49916%
$1,500–1,99947%
$2,000–2,49929%
$2,500–2,9995%
$3,000–3,4990%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
27559Moncure$1,540–
27562New Hill$1,970–
27557Middlesex$1,220$696
27563Norlina$1,010$516
27556Middleburg$1,050–
27555Micro$1,220$746

Fair Market Rents across Wake County, NC · All NC counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.