Downtown Durham, 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 Downtown Durham is $1,844, a 2.63% increase compared to the previous year, when the average rent was $1,797.
Studio Apartments at $1,376 offer the most budget-friendly option with 544 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 694 square feet for $1,581, balancing privacy and affordability.
Two-beedroom units at $2,304 offer 1,157 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,564 sq ft) for $3,528, suitable for larger households.
Average rent in Downtown Durham, Durham, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,844 | 853 sq. ft. |
| Studio | $1,376 | 544 sq. ft. |
| 1 Bed | $1,581 | 694 sq. ft. |
| 2 Beds | $2,304 | 1,157 sq. ft. |
| 3 Beds | $3,528 | 1,564 sq. ft. |
Downtown Durham, Durham, NC rent trends
Rental prices in Downtown Durham, Durham, NC have increased by 2.63% over the past year. The average rent moved from $1,797 to $1,844.
What's the typical rent budget in Downtown Durham, Durham, NC?
The largest share of rentals in Downtown Durham, Durham, NC (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Durham, Durham, NC?
8,331 or 71% of the households in Downtown Durham, Durham, NC are renter-occupied while 3,456 or 29% are owner-occupied.
Most affordable neighborhoods in Downtown 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 Downtown 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 Downtown Durham is 57% higher than in American Village
Downtown Durham rent is the same as Durham average
American Village rent is 36% lower than Durham average
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 Downtown 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.