Durham, NC Rental Market Trends
What is the average rent in Durham?
The average rent for an apartment in Durham is $1,231, a 3% increase compared to the previous year.
Average Rent in Durham, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,231 | 3% | 935 sq. ft. |
What is the average apartment size in Durham?
The average size for a Durham, NC apartment is 935 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-$7001%
- $701-$1,00025%
- $1,001-$1,50059%
- $1,501-$2,00010%
- > $2,0005%
Durham, NC Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
47,834 or 43% of the households in Durham, NC are renter-occupied while 61,721 or 56% are owner-occupied.
Durham, NC Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Durham, NC | $1,077 | $1,122 | $1,132 | $1,145 | $1,188 | $1,180 | $1,190 | $1,195 | $1,200 | $1,210 | $1,231 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Durham, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Albright | $1,544 |
| Burch Avenue | $1,544 |
| Central Park | $1,544 |
| Cleveland - Holloway | $1,544 |
| Downtown Durham | $1,544 |
| Duke Park | $1,544 |
| Old Five Points | $1,544 |
| Old North Durham | $1,544 |
| Trinity Park | $1,544 |
| Warehouse District | $1,544 |
| West End Durham | $1,544 |
| Edgemont | $1,375 |
| Franklin Village | $1,375 |
| Golden Belt | $1,375 |
| Duke East Campus | $1,333 |
| Trinity Heights | $1,333 |
| Walltown | $1,333 |
| Wellons Village | $1,294 |
| West Murray - Broad | $1,285 |
| Morehead Hill | $1,267 |
| Southside - St. Teresa | $1,267 |
| North Carolina Central University | $1,251 |
| American Village | $1,235 |
| Arrowhead | $1,235 |
| Bennet Place | $1,235 |
| Cameron Woods | $1,235 |
| Carillon Forest | $1,235 |
| Colony Park | $1,235 |
| Country Club Heights | $1,235 |
| Cranford Road | $1,235 |
| Crest Street | $1,235 |
| Croasdaile | $1,235 |
| Croasdaile Farm | $1,235 |
| Croasdaile Village | $1,235 |
| Duke Forest | $1,235 |
| Duke West Campus | $1,235 |
| Forest Oaks | $1,235 |
| Lochn'ora | $1,235 |
| Myers Park - Beechgrove | $1,235 |
| Old West Durham | $1,235 |
| Omah Street | $1,235 |
| Spring Valley | $1,235 |
| Walden Pond | $1,235 |
| Waterford | $1,235 |
| Watts Hospital - Hillandale | $1,235 |
| Welcome Circle | $1,235 |
| West Hills | $1,235 |
| Westwood Estates | $1,235 |
| Willow Ridge | $1,235 |
| Woodstone at Croasdaile Farm | $1,235 |
| Duke Homestead | $1,197 |
| Horton Hills | $1,197 |
| Scarsdale Village | $1,197 |
| Amberlynn Valley | $1,197 |
| Ashley Forest | $1,197 |
| Davis Park by Ashton Woods | $1,197 |
| Eastway Village | $1,197 |
| Gatewood Forest | $1,197 |
| Grove Park | $1,197 |
| Marbry Landing | $1,197 |
| Meadows of Pagehurst | $1,197 |
| Old East Durham | $1,197 |
| Pagehurst | $1,197 |
| Pleasant Drive | $1,197 |
| Ravenstone | $1,197 |
| Ridgefield | $1,197 |
| Stirrup Creek | $1,197 |
| Stonehill Estates | $1,197 |
| Taylor Estates | $1,197 |
| Anderson St. - Wrightwood Park | $1,191 |
| Garret Farms - Porchlight - Hartley | $1,191 |
| Parc at University | $1,191 |
| Research Triangle Park | $1,175 |
| Wynterfield | $1,175 |
| Abercromby | $1,164 |
| Abron Drive | $1,164 |
| Auburn Hills | $1,164 |
| Auburn Park | $1,164 |
| Auburn Square | $1,164 |
| Audubon Park | $1,164 |
| Belcrest | $1,164 |
| Brandon Ridge | $1,164 |
| Buck Crossing | $1,164 |
| Chancellor's Ridge | $1,164 |
| Colvard Farms | $1,164 |
| Copper Creek | $1,164 |
| Crooked Creek | $1,164 |
| Cross Timbers | $1,164 |
| Darby Glen | $1,164 |
| Eagle's Pointe | $1,164 |
| Emorywood Estates | $1,164 |
| Fairfield | $1,164 |
| Folkestone | $1,164 |
| Fortune's Ridge | $1,164 |
| Homeplace I | $1,164 |
| Homeplace II | $1,164 |
| Hope Valley Farms | $1,164 |
| Huntington Ridge | $1,164 |
| Lake Park | $1,164 |
| Lakehurst | $1,164 |
| Lochside | $1,164 |
| Newhall Village | $1,164 |
| Oakhaven | $1,164 |
| Park Ridge | $1,164 |
| Parkwood | $1,164 |
| Penrith | $1,164 |
| Providence Ridge | $1,164 |
| South Terrace at Auburn | $1,164 |
| Southampton | $1,164 |
| Southpoint Manor | $1,164 |
| Swallows Ridge | $1,164 |
| The Hills at Southport | $1,164 |
| Wellington Forest | $1,164 |
| Whitney Park | $1,164 |
| Woodlake | $1,164 |
| Woodwinds | $1,164 |
| Highgate | $1,156 |
| Hope Valley Forest | $1,156 |
| Stratford Lakes | $1,156 |
| Woodcroft | $1,156 |
| Bent Creek - Woodberry Forest | $1,150 |
| Chapel Hill Road | $1,150 |
| Colchester | $1,150 |
| Colony Woods | $1,150 |
| Dixon Road Area | $1,150 |
| Five Oaks | $1,150 |
| Forest Hills | $1,150 |
| Green Mill | $1,150 |
| Hope Valley | $1,150 |
| Hope Valley Downs | $1,150 |
| Hope Valley Green | $1,150 |
| Hope Valley North | $1,150 |
| Knollwood | $1,150 |
| Lakewood Park | $1,150 |
| Long Meadow | $1,150 |
| Lyon Park | $1,150 |
| Mary Dell | $1,150 |
| Parkside | $1,150 |
| Rockwood | $1,150 |
| Sheridan Drive | $1,150 |
| Sterling Ridge | $1,150 |
| Sunningdale | $1,150 |
| Surrey Green | $1,150 |
| The Landing at Southpoint | $1,150 |
| Trotter Ridge | $1,150 |
| Tuscaloosa - Lakewood | $1,150 |
| Valley Brook | $1,150 |
| Valley Run | $1,150 |
| Westgate Townes | $1,150 |
| Cardinal Lake | $1,150 |
| Merrick Moore | $1,150 |
| Colonial Village | $1,093 |
| Crown Point | $1,093 |
| Eno Trace | $1,093 |
| Glennstone | $1,093 |
| Landon Farms | $1,093 |
| Milan Woods | $1,093 |
| Northeast Hills | $1,093 |
| Northgate Park | $1,093 |
| Old Farm | $1,093 |
| Stadium Heights | $1,093 |
| Stillwood | $1,093 |
| Summer Meadow | $1,093 |
| Swann's Mill | $1,093 |
What are the most affordable neighborhoods in Durham?
The most affordable neighborhoods in Durham are Colonial Village, where the average rent goes for $1,093/month, Crown Point, where renters pay $1,093/mo on average, and Eno Trace, where the average rent goes for $1,093/mo. If you’re looking for other great deals, check out the listings from Glennstone ($1,093), Landon Farms ($1,093), and Milan Woods ($1,093), where the asking prices are below the average Durham rent of $1,231/mo.
What are the most expensive neighborhoods in Durham?
The most expensive neighborhoods in Durham are Trinity Park ($1,544), Warehouse District ($1,544) and West End Durham ($1,544).
What are the most popular neighborhoods in Durham?
The most popular neighborhood in Durham is Westgate Townes, where there are 14 verified RENTCafé listings with an average rent of $1,150. Next up is Highgate, where apartments go for $1,156/month, followed by Research Triangle Park with $1,175 If you’re looking to rent in Durham’s most popular neighborhoods, make sure to also check out American Village, where renters pay $1,235 on average, and Crest Street, where the average monthly rent is $1,235.
Durham | Rent Comparison by Neighborhood
Rent in Abercromby is the same as in Abron Drive
Abercromby rent is 5% lower than Durham average
| Average Rent | $1,164 |
|---|
Abron Drive rent is 5% lower than Durham average
| Average Rent | $1,164 |
|---|
How Durham Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,321 | 5% |
| Raleigh | $1,287 | 3% |
| Greensboro | $1,000 | 7% |
| Winston - Salem | $961 | 7% |
| Wilmington | $1,267 | 8% |
| Durham | $1,231 | 3% |
| Cary | $1,265 | 4% |
| Chapel Hill | $1,461 | 4% |
| Morrisville | $1,305 | 5% |
| Clayton | $1,259 | 12% |
| Apex | $1,269 | 5% |