Durham, NC Rental Market Trends
What is the average rent in Durham?
The average rent for an apartment in Durham is $1,553. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Durham, NC
Last updated May 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,553 | 930 sq. ft. |
What is the average apartment size in Durham?
The average size for a Durham, NC apartment is 930 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 | $2,311 |
| Old West Durham | $2,116 |
| Warehouse District | $1,935 |
| Old North Durham | $1,911 |
| Downtown Durham | $1,856 |
| Parc at University | $1,736 |
| Crest Street | $1,650 |
| Ravenstone | $1,642 |
| Garret Farms - Porchlight - Hartley | $1,620 |
| Wynterfield | $1,612 |
| Research Triangle Park | $1,601 |
| Chapel Hill Road | $1,582 |
| Omah Street | $1,518 |
| Westgate Townes | $1,498 |
| Summer Meadow | $1,494 |
| Croasdaile Farm | $1,488 |
| Penrith | $1,442 |
| Parkwood | $1,341 |
| Crooked Creek | $1,333 |
| Emorywood Estates | $1,303 |
| Scarsdale Village | $1,283 |
| Valley Run | $1,253 |
| Highgate | $1,207 |
| American Village | $1,201 |
| North Carolina Central University | $1,178 |
| Woodcroft | $1,130 |
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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 $1,130/month, North Carolina Central University, where renters pay $1,178/mo on average, and American Village, where the average rent goes for $1,201/mo. If you’re looking for other great deals, check out the listings from Highgate ($1,207), Valley Run ($1,253), and Scarsdale Village ($1,283), where the asking prices are below the average Durham rent of $1,553/mo.
What are the most expensive neighborhoods in Durham?
The most expensive neighborhoods in Durham are Warehouse District ($1,935), Old West Durham ($2,116) and Central Park ($2,311).
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 $1,498. Next up is Crest Street, where apartments go for $1,650/month, followed by Old North Durham with $1,911 If you’re looking to rent in Durham’s most popular neighborhoods, make sure to also check out Highgate, where renters pay $1,207 on average, and Crooked Creek, where the average monthly rent is $1,333.
Durham | Rent Comparison by Neighborhood
Rent in American Village is 48% lower than in Central Park
$1,201
American Village rent is 23% lower than Durham average
Average Rent
$1,201
$2,311
Central Park rent is 49% higher than Durham average
Average Rent
$2,311
How Durham Compares to Other Cities
| State | Average Rent |
|---|---|
| Durham | $1,553 |
| Charlotte | $1,667 |
| Raleigh | $1,600 |
| Winston - Salem | $1,280 |
| Greensboro | $1,315 |
| Fayetteville | $1,252 |
| Concord | $1,556 |
| Wilmington | $1,647 |
| Cary | $1,667 |
| High Point | $1,228 |
| Asheville | $1,729 |
| Morrisville | $1,711 |
| Chapel Hill, NC | $1,782 |
| Apex, NC | $1,667 |
| Wake Forest, NC | $1,670 |
| Garner, NC | $1,478 |
| Knightdale, NC | $1,507 |
| Holly Springs, NC | $1,734 |
| Mebane, NC | $1,402 |
| Creedmoor, NC | $1,361 |
| Carrboro, NC | $1,350 |
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 $104.82. 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 | $1,273+ |
| 2 BEDS | $1,383+ |
| 3 BEDS | $1,793+ |
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The Mews Apartments And Townhomes
1801 Williamsburg Rd Apt 30G, Durham, NC 27707| 1 BED | $1,030+ |
| 2 BEDS | $1,246+ |
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Rigsbee Collection
318 W Corporation St, Durham, NC 27701| STUDIO | $1,400+ |
| 1 BED | $1,525+ |
| 2 BEDS | $2,149 |