Durham, known as the "City of Medicine," is a vibrant city in the heart of the Research Triangle area. It is known for its high-quality universities and research institutions, cultural diversity, and thriving arts scene. Home to Duke University and North Carolina Central University, Durham boasts a well-educated population and a solid commitment to healthcare, with world-renowned Duke University Hospital and many other healthcare facilities in the area. Durham also offers the Durham Performing Arts Center, the Museum of Life and Science, the Nasher Museum of Art, and the American Tobacco Historic District.
The city offers natural wonders, including the Eno River State Park, the Sarah P. Duke Gardens, and the American Tobacco Trail. Sports fans can enjoy cheering on the Duke Blue Devils or the Durham Bulls (MiLB) in historic Durham Bulls Athletic Park. The food scene is also a major draw, known for its farm-to-table dining and craft breweries. In addition, Durham hosts the Full Frame Documentary Film Festival and the Art of Cool Festival.
Durham offers an excellent quality of life with a bustling downtown, a strong sense of community, and plenty of amenities for residents to enjoy, making it a great place to live.
As of April 2025, Durham's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Durham's average rent is 0.4% ($6) higher than the North Carolina average of $1,607 and 9.8% ($175) lower than the U.S. average of $1,788.
Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
---|---|---|---|
1 Bed | $1,424 | 1.4% ($19) | 10.9% ($174) |
2 Beds | $1,776 | 2.3% ($40) | 12.3% ($249) |
3 Beds | $1,965 | 0.9% ($18) | 14% ($321) |
Nearby Cities | Average Rent | Avg. Rent vs. DurhamAverage Rent vs. Durham | Avg. Days on MarketAverage Days on Market |
---|---|---|---|
Morrisville | $1,777 | 10.2% ($164) | 20 days |
Hillsborough | $1,573 | 2.5% ($40) | 26 days |
Chapel Hill | $1,920 | 19% ($307) | 28 days |
Carrboro | $1,447 | 10.3% ($166) | 30 days |
Creedmoor | $1,364 | 15.4% ($249) | 33 days |
Explore rental prices, market trends, and availability in Durham, NC.