City Report · NC

Durham

Pop. 291,467·81st most expensive in North Carolina·Rental market data updated monthly for Durham, NC
Median rent (all units)
$1,675/mo
Year-over-Year
+2.0%
Month-over-Month
-1.5%
vs US Median
-$287
Falling (Monthly)
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Most AffordableMost Expensive
Durham · $1,675
More affordable than 64% of US cities · National median $1,962/mo
Rent Reality Score
73/100
Good value
OverheatedFairGreat value

Rents are 12% below what Durham's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,675/mo
Expected by trend
$1,897/mo
The Rent Reality Score compares today's median rent to where Durham's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,517
1 BR
$1,600
2 BR
$1,832
3 BR
$2,280
4 BR+
$2,747
Fair Market Rent (HUD)
$1,832/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,675 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,100/yr
At $1,675/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.0% YoY, -1.5% MoM), not inventory.
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Demographics

Who lives here

Durham, NC is roughly split between renters and owners, 57.3% of residents hold a bachelor's degree or higher.

Population
291,467
Median income
$81,619
Median age
35.1
Renters
47.7%
Age distribution
20.1%
29.8%
25.9%
13.5%
Under 1820.1%
18–3429.8%
35–5425.9%
55–6410.7%
65+13.5%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
42.1%
33.5%
15.2%
White42.1%
Black33.5%
Hispanic15.2%
Asian5.8%
Other3.4%
Education (25+)
14.8%
20.1%
57.3%
No HS diploma7.9%
HS diploma14.8%
Some college20.1%
Bachelor's+57.3%
Housing tenure
52.3%
47.7%
Owner52.3%
Renter47.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Durham, NC has changed in 5 years

Rent
$1,350 → $1,675
up 24.1%
Income
$66,623 → $81,619
up 22.5%
Population
279,106 → 291,467
up 4.4%
Renter share
48.1% → 47.7%
-0.4 pts
Bachelor's+
52.8% → 57.3%
+4.5 pts
Median age
34.6 → 35.1
+0.5 yrs

Compared with 2021, rent in Durham, NC has increased by $325 per month, settling near $1,675 after starting the period at $1,350. Household income in the area moved from $66,623 to $81,619 across the same window, up 22.5% versus 2021. Headcount in the area went from 279,106 to 291,467 between 2021 and 2024, a 4.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 52.8% to 57.3%. Reading these numbers side by side helps frame whether current listings in Durham, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about Durham

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View Durham rent history (2015–2026) →
Salary vs rent

Can you afford rent in Durham on your salary?

At $1,675/mo, how Durham rent compares to typical pay (30% rule).

By apartment size

Durham rent by bedroom count

Median rent for each apartment size in Durham. Click any size for full breakdown.

Local insights

Tips for renters in Durham

About renting in Durham, NC

Last updated: August 17, 2026

The median rent in Durham is $1,675/mo as of August 2026. A studio apartment averages $1,517/mo while a 2-bedroom runs $1,832/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,280/mo.

At 25% of local median household income ($81,619/yr), Durham ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

Is Durham an affordable city for renters?

Durham is considered affordable for renters. At $1,675/mo, rent takes approximately 25% of the local median household income ($81,619/yr). The standard benchmark is 30%. Durham falls comfortably within that range.

How much income do you need to rent in Durham?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,675/mo in Durham. The local median household income is $81,619/yr, meaning the typical Durham household meets that threshold.

Is rent going up or down in Durham?

Rent in Durham has increased 2.0% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Durham neighborhoods have the lowest rent?

The most affordable ZIP codes in Durham are 27707 ($1,403/mo), 27713 ($1,576/mo), and 27705 ($1,656/mo). Citywide, the median rent in Durham is $1,675/mo.

How does Durham rent compare to other cities in North Carolina?

Durham is middle-of-the-pack for North Carolina for rent, ranking #81 out of 128 tracked cities at $1,675/mo.

Which nearby cities are cheaper to rent in than Durham?

Several nearby cities have lower median rents than Durham ($1,675/mo): Hillsborough ($1,467/mo), Carrboro ($1,479/mo).

What percentage of Durham residents rent vs. own?

According to Census data, approximately 47.7% of Durham households are renters, while 52.3% are owner-occupied. Durham leans toward homeownership, which can mean a smaller rental inventory.

How does Durham rent compare to the national average?

Durham's median rent of $1,675/mo is $287 (15%) below the US national median of $1,962/mo. Within North Carolina, it ranks #81 out of 128 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,675/mo, rent takes ~25% of Durham's median household income ($81,619/yr). The standard benchmark is 30%.

Durham 25%Benchmark 30%
State income tax4.5%
Run the Durham affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Durham, NC

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