Durham, NC Rental Market Trends
What is the average rent in Durham?
The average rent for an apartment in Durham is $1,525. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Durham, NC
Last updated March 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,525 | 929 sq. ft. |
What is the average apartment size in Durham?
The average size for a Durham, NC apartment is 929 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
Durham, NC Occupied Housing Units
59,435 or 48% of the households in Durham, NC are renter-occupied while 63,883 or 52% are owner-occupied.
Durham, NC rent trends
Average Rent in Durham, NC By Neighborhood
| City | Average Rent |
|---|---|
| Central Park | $2,283 |
| Old West Durham | $2,092 |
| Old North Durham | $1,940 |
| Warehouse District | $1,904 |
| Downtown Durham | $1,795 |
| Parc at University | $1,735 |
| Crest Street | $1,628 |
| Wynterfield | $1,608 |
| Garret Farms - Porchlight - Hartley | $1,588 |
| Chapel Hill Road | $1,583 |
| Ravenstone | $1,581 |
| Croasdaile Farm | $1,481 |
| Research Triangle Park | $1,476 |
| Westgate Townes | $1,476 |
| Omah Street | $1,471 |
| Summer Meadow | $1,442 |
| Penrith | $1,394 |
| Parkwood | $1,324 |
| Crooked Creek | $1,320 |
| Emorywood Estates | $1,300 |
| Scarsdale Village | $1,284 |
| Valley Run | $1,237 |
| American Village | $1,214 |
| Highgate | $1,197 |
| North Carolina Central University | $1,170 |
| Woodcroft | $1,115 |
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What are the most affordable neighborhoods in Durham?
The most affordable neighborhoods in Durham are Woodcroft, where the average rent goes for $1,115/month, North Carolina Central University, where renters pay $1,170/mo on average, and Highgate, where the average rent goes for $1,197/mo. If you’re looking for other great deals, check out the listings from American Village ($1,214), Valley Run ($1,237), and Scarsdale Village ($1,284), where the asking prices are below the average Durham rent of $1,525/mo.
What are the most expensive neighborhoods in Durham?
The most expensive neighborhoods in Durham are Old North Durham ($1,940), Old West Durham ($2,092) and Central Park ($2,283).
What are the most popular neighborhoods in Durham?
The most popular neighborhood in Durham is Westgate Townes, where there are 13 listings with an average rent of $1,476. Next up is Old North Durham, where apartments go for $1,940/month, followed by Highgate with $1,197 If you’re looking to rent in Durham’s most popular neighborhoods, make sure to also check out Scarsdale Village, where renters pay $1,284 on average, and Warehouse District, where the average monthly rent is $1,904.
Durham | Rent Comparison by Neighborhood
Rent in American Village is 47% lower than in Central Park
$1,214
American Village rent is 20% lower than Durham average
Average Rent
$1,214
$2,283
Central Park rent is 50% higher than Durham average
Average Rent
$2,283
How Durham Compares to Other Cities
| State | Average Rent |
|---|---|
| Charlotte | $1,667 |
| Raleigh | $1,580 |
| Winston - Salem | $1,271 |
| Greensboro | $1,309 |
| Durham | $1,525 |
| Fayetteville | $1,255 |
| Concord | $1,544 |
| Huntersville | $1,698 |
| Cary | $1,657 |
| High Point | $1,215 |
| Wilmington | $1,622 |
| Morrisville | $1,673 |
| Wake Forest | $1,645 |
| Chapel Hill | $1,760 |
| Garner | $1,470 |
| Knightdale | $1,527 |
| Apex | $1,668 |
| Holly Springs | $1,712 |
| Carrboro | $1,332 |
| Mebane | $1,406 |
| Creedmoor | $1,346 |
What is the average price for a storage unit in Durham?
The average rent for a non-climate-controlled 10'x10' storage unit in Durham is $98.84. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Durham
Alden Place At South Square
100 Alexan Drive, Durham, NC 27707| 1 BED | $1,250+ |
| 2 BEDS | $1,312+ |
| 3 BEDS | $1,694+ |
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The Avenues At RTP
600 Discovery Way, Durham, NC 27703| 1 BED | $984 |
| 2 BEDS | $1,121 |
| 3 BEDS | $1,585 |
West Village 3
605 W Main St Suite C, Durham, NC 27701| STUDIO | $1,569+ |
| 1 BED | $1,539+ |
| 2 BEDS | $2,006+ |