2026 Affordability Data
Most Affordable Neighborhoods in Morganton - 2026 Data
The median home value in Morganton is $179,600, 36% below nat'l avg. Median rent is $698/month. With an affordability index of 174, Morganton is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Morganton, NC area.
Key Takeaways: Affordability in Morganton
- 1The most affordable neighborhood in Morganton is Gibsonville, with a median home value of $251,600.
- 2Morganton's median home value is $179,600, 36% below nat'l avg (national: $281,900).
- 3Morganton's affordability index is 174 (baseline 100), making it more affordable than the national average.
- 4Median rent in Morganton is $698/month, 40% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Morganton to find the most affordable areas based on home values, rent, and affordability index.
Morganton Affordability Overview
Median Home Value
$179,600
36% below nat'l avg
Median Rent
$698/mo
40% below nat'l avg
Median Income
$47,715
36% below nat'l avg
Affordability Index
174
74% above nat'l avg
Most Affordable Neighborhoods in Morganton (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | GibsonvilleNC | $251,600 |
| 2 | Holly SpringsNC | $449,600 |
| 3 | DavidsonNC | $572,300 |
| 4 | ApexNC | $458,200 |
| 5 | BurlingtonNC | $167,000 |
| 6 | ArchdaleNC | $169,900 |
| 7 | GreenvilleNC | $192,900 |
| 8 | ReidsvilleNC | $141,200 |
| 9 | GastoniaNC | $219,700 |
| 10 | NewtonNC | $146,700 |
| 11 | EdenNC | $104,900 |
| 12 | HuntersvilleNC | $393,200 |
| 13 | KannapolisNC | $213,300 |
| 14 | Rocky MountNC | $137,800 |
| 15 | SmithfieldNC | $192,200 |
Detailed Neighborhood Profiles
Home Value: $251,600
Rent: $668/mo
Affordability: 187
Population: 8,827
Walk Score: 0/100
Home Value: $449,600
Rent: $698/mo
Affordability: 174
Population: 42,023
Walk Score: 0/100
Home Value: $572,300
Rent: $698/mo
Affordability: 174
Population: 15,199
Walk Score: 0/100
4
Home Value: $458,200
Rent: $698/mo
Affordability: 174
Population: 65,541
Walk Score: 0/100
5
Home Value: $167,000
Rent: $698/mo
Affordability: 174
Population: 56,951
Walk Score: 0/100
6
Home Value: $169,900
Rent: $698/mo
Affordability: 174
Population: 11,873
Walk Score: 0/100
7
Home Value: $192,900
Rent: $698/mo
Affordability: 174
Population: 87,894
Walk Score: 0/100
8
Home Value: $141,200
Rent: $698/mo
Affordability: 174
Population: 14,526
Walk Score: 0/100
9
Home Value: $219,700
Rent: $698/mo
Affordability: 174
Population: 80,615
Walk Score: 0/100
10
Home Value: $146,700
Rent: $698/mo
Affordability: 174
Population: 13,173
Walk Score: 0/100
11
Home Value: $104,900
Rent: $698/mo
Affordability: 174
Population: 15,349
Walk Score: 0/100
12
Home Value: $393,200
Rent: $698/mo
Affordability: 174
Population: 61,202
Walk Score: 0/100
13
Home Value: $213,300
Rent: $698/mo
Affordability: 174
Population: 53,314
Walk Score: 0/100
14
Home Value: $137,800
Rent: $698/mo
Affordability: 174
Population: 54,260
Walk Score: 0/100
15
Home Value: $192,200
Rent: $698/mo
Affordability: 174
Population: 11,527
Walk Score: 0/100
Frequently Asked Questions About Affordability in Morganton
What is the most affordable neighborhood in Morganton, NC?▾
Based on 2026 data, Gibsonville is the most affordable neighborhood in Morganton with a median home value of $251,600. Kurby analyzed 15 neighborhoods in the Morganton area to compile these rankings.
What is the median home price in Morganton, NC?▾
The median home price in Morganton is $179,600, which is 36% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Morganton affordable compared to the national average?▾
Morganton has an affordability index of 174, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Morganton, NC?▾
The median monthly rent in Morganton is $698. This is 40% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Morganton?▾
The median household income in Morganton is $47,715 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Morganton are below the national average home price?▾
11 out of 15 ranked neighborhoods in Morganton have a median home value below the national average of $281,900. The most affordable is Gibsonville at $251,600 (Source: Kurby, 2026).