Durham, NC has a population of 274,497, while the median age is 34. The household income in Durham, NC is around $54,840. The homeownership rate among the residents is 51%. The median residential property value in Durham, NC that you should keep in mind is $232,600.
|Number Of Employees||150,131|
|Median Property Value||$232,600|
Over the Nov 2022, the average rent for an apartment in/near Durham, NC decreased by 21.1% to $1,691.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 23.7% to $1,246. Pricing for 2-bed apartment also decreased by 27.8% and a place of this size will now cost you $1,454. 3-bed apartment rent pricing starts at $1,672, it decreased by 18.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 37.1% and made it down to $2,155.
The median rent for an apartment in Durham, NC decreased by 18.7% to $1,570. Statistics show that house rent price decreased by 26.4% this month making it up to $1,730. Condos faced an upward trend these days. The median rent for a condo decreased by 31.9%, it’s now available for $1,404. An average duplex is now available for $1,003, cause median rent for a duplex remains the same this month. The median rent for a loft faced changes as well, it decreased by 11.3%, the price tag now starts at $1,883. An average room will now go for $891, the median rent price for a room increased by 23.6%. The median rent for a townhouse decreased by 27.9%, you’ll have to spend around $1,727 to get one.