Rent in Morganton, NC
Across Morganton's 2 ZIP codes, a 2-bedroom typically rents for about $1,012 a month, with figures from $877–$1,147. The highest typical rent is in 28680 ($1,147) and the lowest in 28655 ($877). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Burke County pay about 0.68% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $961 | $961 | 2 |
| 1 bed | $816 | $667–$965 | 2 |
| 2 beds | $1,012 | $877–$1,147 | 2 |
| 3 beds | $1,172 | $944–$1,399 | 2 |
| 4 beds | $1,497 | $1,287–$1,707 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Morganton ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Morganton, NC?
- About $1,012 a month: the median of the typical rents in 2 ZIP codes, which range from $877–$1,147. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Morganton, NC?
- About $816 a month: the median of the typical rents in 2 ZIP codes, which range from $667–$965. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Morganton, NC?
- About $1,172 a month: the median of the typical rents in 2 ZIP codes, which range from $944–$1,399. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Morganton, NC?
- About $961 a month: the median of the typical rents in 2 ZIP codes, which range from $961. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Morganton, NC?
- About $1,497 a month: the median of the typical rents in 2 ZIP codes, which range from $1,287–$1,707. Figures are gross rent (rent plus tenant-paid utilities).
- Which Morganton ZIP code has the highest rent?
- For a 2-bedroom, 28680 has the highest typical rent at $1,147 a month, and 28655 the lowest at $877.
- What is the property tax rate in Morganton, NC?
- Owner-occupied homes in Burke County pay a typical 0.68% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Morganton rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).