Durham, NC Rental Market Trends
Highlights
The average rent for an apartment in Durham is $1,181, a 3% increase compared to the previous year.
Average Rent in Durham, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,181 | 3% | 937 sq. ft. |
The average size for a Durham, NC apartment is 937 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Durham, NC Apartment Rent Ranges
- $501-$7002%
- $701-$1,00030%
- $1,001-$1,50055%
- $1,501-$2,0009%
- > $2,0004%
Durham, NC Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
47,233 or 43% of the households in Durham, NC are renter-occupied while 60,491 or 56% are owner-occupied.
Durham, NC Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Durham, NC | $1,034 | $1,034 | $1,072 | $1,083 | $1,077 | $1,122 | $1,132 | $1,145 | $1,188 | $1,180 | $1,181 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Durham, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Swann's Mill | $1,007 |
| Summer Meadow | $1,007 |
| Stillwood | $1,007 |
| Stadium Heights | $1,007 |
| Old Farm | $1,007 |
| Northgate Park | $1,007 |
| Northeast Hills | $1,007 |
| Milan Woods | $1,007 |
| Landon Farms | $1,007 |
| Glennstone | $1,007 |
| Eno Trace | $1,007 |
| Crown Point | $1,007 |
| Colonial Village | $1,007 |
| Merrick Moore | $1,094 |
| Cardinal Lake | $1,094 |
| Westgate Townes | $1,103 |
| Valley Run | $1,103 |
| Valley Brook | $1,103 |
| Tuscaloosa - Lakewood | $1,103 |
| Trotter Ridge | $1,103 |
| The Landing at Southpoint | $1,103 |
| Surrey Green | $1,103 |
| Sunningdale | $1,103 |
| Sterling Ridge | $1,103 |
| Sheridan Drive | $1,103 |
| Rockwood | $1,103 |
| Parkside | $1,103 |
| Mary Dell | $1,103 |
| Lyon Park | $1,103 |
| Long Meadow | $1,103 |
| Lakewood Park | $1,103 |
| Knollwood | $1,103 |
| Hope Valley North | $1,103 |
| Hope Valley Green | $1,103 |
| Hope Valley Downs | $1,103 |
| Hope Valley | $1,103 |
| Green Mill | $1,103 |
| Forest Hills | $1,103 |
| Five Oaks | $1,103 |
| Dixon Road Area | $1,103 |
| Colony Woods | $1,103 |
| Colchester | $1,103 |
| Chapel Hill Road | $1,103 |
| Bent Creek - Woodberry Forest | $1,103 |
| Woodcroft | $1,116 |
| Stratford Lakes | $1,116 |
| Hope Valley Forest | $1,116 |
| Highgate | $1,116 |
| Woodwinds | $1,130 |
| Woodlake | $1,130 |
| Whitney Park | $1,130 |
| Wellington Forest | $1,130 |
| The Hills at Southport | $1,130 |
| Swallows Ridge | $1,130 |
| Southpoint Manor | $1,130 |
| Southampton | $1,130 |
| South Terrace at Auburn | $1,130 |
| Providence Ridge | $1,130 |
| Penrith | $1,130 |
| Parkwood | $1,130 |
| Park Ridge | $1,130 |
| Oakhaven | $1,130 |
| Newhall Village | $1,130 |
| Lochside | $1,130 |
| Lakehurst | $1,130 |
| Lake Park | $1,130 |
| Huntington Ridge | $1,130 |
| Hope Valley Farms | $1,130 |
| Homeplace II | $1,130 |
| Homeplace I | $1,130 |
| Fortune's Ridge | $1,130 |
| Folkestone | $1,130 |
| Fairfield | $1,130 |
| Emorywood Estates | $1,130 |
| Eagle's Pointe | $1,130 |
| Darby Glen | $1,130 |
| Cross Timbers | $1,130 |
| Crooked Creek | $1,130 |
| Copper Creek | $1,130 |
| Colvard Farms | $1,130 |
| Chancellor's Ridge | $1,130 |
| Buck Crossing | $1,130 |
| Brandon Ridge | $1,130 |
| Belcrest | $1,130 |
| Audubon Park | $1,130 |
| Auburn Square | $1,130 |
| Auburn Park | $1,130 |
| Auburn Hills | $1,130 |
| Abron Drive | $1,130 |
| Abercromby | $1,130 |
| Wynterfield | $1,142 |
| Research Triangle Park | $1,142 |
| Taylor Estates | $1,165 |
| Stonehill Estates | $1,165 |
| Stirrup Creek | $1,165 |
| Ridgefield | $1,165 |
| Ravenstone | $1,165 |
| Pleasant Drive | $1,165 |
| Pagehurst | $1,165 |
| Old East Durham | $1,165 |
| Meadows of Pagehurst | $1,165 |
| Marbry Landing | $1,165 |
| Grove Park | $1,165 |
| Gatewood Forest | $1,165 |
| Eastway Village | $1,165 |
| Davis Park by Ashton Woods | $1,165 |
| Ashley Forest | $1,165 |
| Amberlynn Valley | $1,165 |
| Parc at University | $1,167 |
| Garret Farms - Porchlight - Hartley | $1,167 |
| Anderson St. - Wrightwood Park | $1,167 |
| Scarsdale Village | $1,171 |
| Horton Hills | $1,171 |
| Duke Homestead | $1,171 |
| North Carolina Central University | $1,216 |
| Woodstone at Croasdaile Farm | $1,231 |
| Willow Ridge | $1,231 |
| Westwood Estates | $1,231 |
| West Hills | $1,231 |
| Welcome Circle | $1,231 |
| Watts Hospital - Hillandale | $1,231 |
| Waterford | $1,231 |
| Walden Pond | $1,231 |
| Spring Valley | $1,231 |
| Omah Street | $1,231 |
| Old West Durham | $1,231 |
| Myers Park - Beechgrove | $1,231 |
| Lochn'ora | $1,231 |
| Forest Oaks | $1,231 |
| Duke West Campus | $1,231 |
| Duke Forest | $1,231 |
| Croasdaile Village | $1,231 |
| Croasdaile Farm | $1,231 |
| Croasdaile | $1,231 |
| Crest Street | $1,231 |
| Cranford Road | $1,231 |
| Country Club Heights | $1,231 |
| Colony Park | $1,231 |
| Carillon Forest | $1,231 |
| Cameron Woods | $1,231 |
| Bennet Place | $1,231 |
| Arrowhead | $1,231 |
| American Village | $1,231 |
| Southside - St. Teresa | $1,231 |
| Morehead Hill | $1,231 |
| Wellons Village | $1,247 |
| West Murray - Broad | $1,259 |
| Walltown | $1,324 |
| Trinity Heights | $1,324 |
| Duke East Campus | $1,324 |
| Golden Belt | $1,352 |
| Franklin Village | $1,352 |
| Edgemont | $1,352 |
| West End Durham | $1,558 |
| Warehouse District | $1,558 |
| Trinity Park | $1,558 |
| Old North Durham | $1,558 |
| Old Five Points | $1,558 |
| Duke Park | $1,558 |
| Downtown Durham | $1,558 |
| Cleveland - Holloway | $1,558 |
| Central Park | $1,558 |
| Burch Avenue | $1,558 |
| Albright | $1,558 |
The most affordable neighborhoods in Durham are Colonial Village, where the average rent goes for $1,007/month, Crown Point, where renters pay $1,007/mo on average, and Eno Trace, where the average rent goes for $1,007/mo. If you’re looking for other great deals, check out the listings from Glennstone ($1,007), Landon Farms ($1,007), and Milan Woods ($1,007), where the asking prices are below the average Durham rent of $1,181/mo.
The most expensive neighborhoods in Durham are Trinity Park ($1,558), Warehouse District ($1,558) and West End Durham ($1,558).
The most popular neighborhood in Durham is Westgate Townes, where there are 14 verified RENTCafé listings with an average rent of $1,103. Next up is American Village, where apartments go for $1,231/month, followed by Crest Street with $1,231 If you’re looking to rent in Durham’s most popular neighborhoods, make sure to also check out Research Triangle Park, where renters pay $1,142 on average, and Stonehill Estates, where the average monthly rent is $1,165.
Durham | Rent Comparison by Neighborhood
Rent in Abercromby is the same as in Abron Drive
Abercromby rent is 4% lower than Durham average
| Average Rent | $1,130 |
|---|
Abron Drive rent is 4% lower than Durham average
| Average Rent | $1,130 |
|---|
How Durham Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,259 | 6% |
| Raleigh | $1,238 | 6% |
| Durham | $1,181 | 3% |
| Greensboro | $914 | 4% |
| Winston - Salem | $895 | 7% |
| Wilmington | $1,180 | 3% |
| Cary | $1,220 | 3% |
| Chapel Hill | $1,409 | 3% |
| Morrisville | $1,244 | 2% |
| Apex | $1,207 | 2% |
| Wake Forest | $1,156 | 6% |
For more information about the Durham rental trends, check out our monthly rent report
Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!