Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
344 Durham apartments for rent
Durham
Durham, NC has a population of 251,761, including 41% white, 39% black, and 15% latino.
| Population | 251,761 |
| Median Age | 33.3 |
| Poverty Rate | 18% |
| Median Income (Household) | $52,115 |
| Number Of Employees | 125,266 |
| Median Property Value | $183,900 |
City Overview
The median household income in Durham, NC is around $52,115, while the median age is 33.3. This city is a home to major universities: Doctoral Universities, Duke University, and Doctoral Universities: Highest Research Activity. 125,266 employees work in Durham, NC. The homeownership rate among the residents is 48.73%. The median property value that you should keep in mind is $183,900.
Business & Economy
Wage by Common Jobs
Average salary: $32,820
- 1. Elementary & middle school teachers$40,402
- 2. Retail salespersons$39,864
- 3. Secretaries & administrative assistants$35,653
- 4. Nursing, psychiatric, & home health aides$26,810
- 5. Cashiers$21,373
Employment by Occupations
Numbers claim that the employment rate in Durham, NC changed by 4%, so let’s see what are the most common job groups in this area. People of Durham, NC prefer to work in Management, Education, Training, & Library and Sales.
Employment by Industries
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Durham, NC work in. The most common industries are Healthcare & Social Assistance, Educational Services and Accommodation & Food Service. Please note that not all the residents of Durham, NC work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Durham, NC is a home for 41% white residents. The second common group is black with 39% residents. The list of the most common racial or ethnic groups is closed by latino with 15% residents.
Non-English Speakers
Education
Past year Durham, NC universities awarded around 25,894 degrees. Statistics show that the population of students in Durham, NC include 4,034 male students and 4,863 female students. Durham, NC offers private and public tuition with a median cost of $49,575 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Duke University with the majority of graduates. The North Carolina Central University and Durham Technical Community College hold the second and the third place respectively. The share of the public colleges in Durham, NC is 61.9% and 38.1% go to the private colleges.
Universities
- 1. Duke University5,624 graduates
- 2. North Carolina Central University1,643 graduates
- 3. Durham Technical Community College1,046 graduates
Public vs Private
- Public38.1%
- Private61.9%
Health and Safety
The age groups that most likely have the health care coverage in Durham, NC are 25-34 years old for men and 25-34 years old for women. Durham, NC offers a 123 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 72 to 1, speaking of mental health doctors ratio, it’s 506 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 123 |
| Dentists | 1 to 72 |
| Mental Health | 1 to 506 |
| Other | 1 to 177 |
Transportation
Commute Time
Average travel time: 21.41 minutes
- USA
- Durham, NC
Commuter Transportation
The workers of Durham, NC traveled to their offices around 21.41 minutes lately and drove alone to get there. The rest of the residents carpooled and used public transit.
- USA
- Durham, NC
Housing Trends
Durham, NC, USA Housing Trends
Average rent in Durham: $1,417 (+2.6%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,052 | -6.5% |
| 2 bed rentals | $1,528 | -0.5% |
| 3 bed rentals | $1,615 | +3.5% |
| 4+ bed rentals | $2,065 | +28.4% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Apartment rentals | $1,332 | -2.7% |
| House rentals | $1,897 | +14.1% |
| Townhouse rentals | $1,647 | +2.5% |
| Room rentals | $726 | +1.6% |
| Loft rentals | $1,709 | +4.5% |
| Duplex rentals | $1,208 | -12.1% |
| Condo rentals | $1,550 | +82.7% |
Over the Apr 2020, the average rent for an apartment in/near Durham, NC increased by 2.6% to $1381. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 6.9% to $1125. Pricing for 2-bed apartment also decreased by 0.5% and a place of this size will now cost you $1536. 3-bed apartment rent pricing starts at $1615, it increased by 3.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 22.1% and made it up to $1609.
The median rent for an apartment in Durham, NC decreased by 2.8% to $1369. Statistics show that house rent price increased by 14.1% this month making it up to $1897. Condos faced an upward trend these days. The median rent for a condo increased by 45.3%, it’s now available for $848. You can now rent a duplex for $1208, duplex rent price decreased by 12.1% this month. The median rent for a loft faced changes as well, it increased by 4.5%, the price tag now starts at $1709. An average room will now go for $726, the median rent price for a room increased by 1.6%.
Rent vs Own
- Rent49%
- Own51%
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