Duke Manor- Students save up to 10%!
311 S Lasalle St,
Durham, NC 27705
1-2 Beds | $995 - $1,840
Rental Market Trends in Durham, NC
What is the average rent in Durham, NC?
$1,368/month
Average Rent
740 Sq Ft
Average Apartment Size
-2%
Decrease in the Last Year
As of February 2025, the average rent in Durham, NC is $1,368 per month. For comparison, the national average rent price in the US is currently $1,556/month, which means Durham rent prices are 12% lower than the national average. When you rent an apartment in Durham, you can expect to pay about $1,287 per month for a studio, $1,368 for a one-bedroom apartment, and around $1,595 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,889 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Durham, NC?
In the past year, rent has decreased by 2%, which averages out to $27 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Durham, NC
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
19%
$700 - $1,000/month
45%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Durham?
Based on current rent prices, Duke Homestead, Woodcroft and Eastern Durham are the most affordable neighborhoods in Durham.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Durham?
Based on current rent prices, West Village, City Center Durham and Central Park are the most expensive neighborhoods in Durham.
Neighborhood
Average Rent
Average Sq Ft
Which Durham neighborhoods have the most rentals available?
The neighborhoods in Durham with the most apartments available are Downtown Durham, South Durham and RTP .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Durham, NC?
Because the average rent in Durham is $1,368, you’ll want to make about $4,560 per month or $54,720 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Durham, NC is 0.7% lower than the national average. Generally, housing in Durham is 7.0% more expensive than the national average, with rent falling between $1,287 - $1,889. You can expect to pay 1.3% more for groceries, 9.5% less for utilities, and 11.0% less for transportation.
How does Durham, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Durham, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,359/month
One Bedroom
$1,166/month
$1,567/month
Two Bedroom
$1,280/month
$1,786/month
Three Bedroom
$1,603/month
$2,274/month
Nearby City Rent Trends
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General Services Corporation
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Weinstein Properties
-
61
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Willow Bridge
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Harbor Group Management
-
144
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.