Durham, NC Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Durham is $1,529, a 0.74% decrease compared to the previous year, when the average rent was $1,540.
Studio Apartments at $1,349 offer the most budget-friendly option with 559 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 737 square feet for $1,390, balancing privacy and affordability.
Two-beedroom units at $1,609 offer 1,066 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,345 sq ft) for $1,901, suitable for larger households.
Average rent in Durham, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,529 | 931 sq. ft. |
| Studio | $1,349 | 559 sq. ft. |
| 1 Bed | $1,390 | 737 sq. ft. |
| 2 Beds | $1,609 | 1,066 sq. ft. |
| 3 Beds | $1,901 | 1,345 sq. ft. |
Durham, NC rent trends
Rental prices in Durham, NC have decreased by 0.74% over the past year. The average rent moved from $1,540 to $1,529.
What's the typical rent budget in Durham, NC?
The largest share of rentals in Durham, NC (51%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Durham, NC?
59,435 or 48% of the households in Durham, NC are renter-occupied while 63,883 or 52% are owner-occupied.
Most affordable neighborhoods in Durham?
Woodcroft $1,140/month
Wellons Village $1,161/month
American Village $1,175/month
All of these neighborhoods fall below the city wide average of $1,529/month.Most expensive neighborhoods in Durham?
Warehouse District $1,948/month
Old West Durham $2,084/month
Central Park $2,256/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Durham, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Central Park | $2,256 |
| Old West Durham | $2,084 |
| Warehouse District | $1,948 |
| Old North Durham | $1,892 |
| Downtown Durham | $1,844 |
| Parc at University | $1,753 |
| Wynterfield | $1,631 |
| Ravenstone | $1,630 |
| Crest Street | $1,597 |
| Omah Street | $1,594 |
| Research Triangle Park | $1,545 |
| Chapel Hill Road | $1,512 |
| Summer Meadow | $1,499 |
| Croasdaile Farm | $1,462 |
| Westgate Townes | $1,456 |
| Penrith | $1,433 |
| Emorywood Estates | $1,375 |
| Parkwood | $1,316 |
| Valley Run | $1,288 |
| Crooked Creek | $1,265 |
| Highgate | $1,239 |
| North Carolina Central University | $1,235 |
| Scarsdale Village | $1,196 |
| American Village | $1,175 |
| Wellons Village | $1,161 |
| Woodcroft | $1,140 |
Durham | Rent Comparison by Neighborhood
Rent in American Village is 48% lower than in Central Park
American Village rent is 23% lower than Durham average
Central Park rent is 48% higher than Durham average
How Durham Compares to Other Cities
| City | Average Rent |
|---|---|
| Durham | $1,529 |
| Charlotte | $1,655 |
| Raleigh | $1,579 |
| Fayetteville | $1,294 |
| Winston - Salem | $1,290 |
| Greensboro | $1,322 |
| Wilmington | $1,619 |
| Concord | $1,534 |
| Cary | $1,625 |
| Hickory | $1,489 |
| Asheville | $1,698 |
| Morrisville | $1,659 |
| Apex | $1,651 |
| Chapel Hill, NC | $1,774 |
| Wake Forest, NC | $1,646 |
| Garner, NC | $1,451 |
| Holly Springs, NC | $1,686 |
| Knightdale, NC | $1,533 |
| Mebane, NC | $1,414 |
| Creedmoor, NC | $1,414 |
| Hillsborough, NC | $1,508 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Durham apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.