Murphy, NC rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Murphy, NC is $1,550.

Average rent

$1,550

Month-over-month change

-$300

Year-over-year change

-$250

Available rentals

10

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,250 to $4,977.

Rent frequencies
Rent priceNumber of rental properties
$1,2002
$1,4002
$1,5004
$1,6002
$1,7002
$1,8001
$1,9001
$2,0001
$4,900+1

Average rent price over time

In the last year, rent has decreased by $250 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,099$1,300
Feb$2,100$2,000
Mar$2,100$1,800
Apr$1,450$1,900
May$2,200$2,000
Jun$1,650$1,975
Jul$1,000$2,000
Aug$1,800$1,850
Sep$1,800No data
Oct$1,790No data
Nov$2,000No data
Dec$999No data

Market temperature

The Murphy, NC rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Murphy, NC is 26% lower than the national average.

Murphy, NCvs.

$1,550

$2,100

Rent in Murphy, NC

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Frequently asked questions

1. What is the average rent in Murphy, NC?

The average rent in Murphy, NC is $1,550.

2. How much does it cost to rent a house in Murphy, NC?

Houses in Murphy, NC rent between $1,250 - $4,977 with an average rent of $1,550.

3. How has the rent in Murphy, NC changed in the last year?

In the last year, the rent in Murphy, NC decreased by $250

4. How much has the rent in Murphy, NC increased/decreased in the last month?

In the last month, the rent in Murphy, NC decreased by $300

5. How many available rentals are there in Murphy, NC?

There are currently 10 rentals available in Murphy, NC.

6. How do rent prices in Murphy, NC compare with the national average?

The average rent in Murphy, NC is $1,550 — 26.19% lower the national average of $2,100.