Median rent for residential apartments in as of Aug, 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.
460 Durham, NC, USA apartments for rent
Durham
Durham, NC has a population of 274,497, while the median age is 34.1. 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.
| Population | 274,497 |
| Median Age | 34.1 |
| Poverty Rate | 17% |
| Household Income | $54,840 |
| Number Of Employees | 150,131 |
| Median Property Value | $232,600 |
Business & Economy
Wage by Common Jobs
Average salary in Durham, NC: $42,975
- 1. Other managers$96,032
- 2. Registered nurses$63,496
- 3. Firstline supervisors of retail sales workers$49,024
- 4. Elementary & middle school teachers$44,510
- 5. Driver/sales workers & truck drivers$43,786
Highest Paid Occupations
Numbers claim that the highest paid jobs in Durham, NC are Computer & Mathematical Occupations, Architecture & Engineering Occupations, Computer, Engineering, Science Occupations, Management Occupations and Legal Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 7% recently, there must be a strong understanding of industries people of Durham, NC work in. The highest paid industries are Professional, Scientific, Technical Services, Utilities, Public Administration, Professional, Scientific, Management, Administrative & Waste Management Services and Finance & Insurance.
Demographics
Race & Ethnicity
According to latest census, Durham, NC is a home for 50 white residents. The second common group is black with 38 residents. The list of the most common racial or ethnic groups is closed by asian with 5 residents.
Non-English Speakers
Education
Past year Durham, NC universities awarded around 465,200 degrees. Statistics show that the population of students in Durham, NC includes 232,600 female students and 232,600 male students. Durham, NC offers private and public tuition with a median cost of $28,260 for private four-year colleges and $16,435 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 29.1 and 70.9 go to the private colleges.
Universities
- 1. Duke University6,370 graduates
- 2. North Carolina Central University1,790 graduates
- 3. Durham Technical Community College975 graduates
Public vs Private
- Public70.9%
- Private29.1%
Health and Safety
Patient to Clinical Ratios
Primary care physicians in Durham, NC see an average of
| 1398 | patients, dentists |
| 186 | patients, metal health providers |
| 499 | patient and other healthcare providers |
| 820 | patients pet year |
Transportation
Commute Time
Average travel time: 21.05 minutes
- USA
- Durham, NC
Commuter Transportation
Citizens of Durham, NC travel to their offices around 21.05 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Durham, NC
Housing Trends
Durham, NC, USA Housing Trends
Average rent in Durham: $1,598 (-1.5%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| 1 bed apartments | $1,371 | -3.3% |
| 2 bed apartments | $1,766 | -0.1% |
| 3 bed apartments | $1,725 | -2.3% |
| 4+ bed apartments | $1,599 | -10.1% |
Over the Aug 2020, the average rent for an apartment in/near Durham, NC decreased by 1.5% to $1,598.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 3.3% to $1,371. Pricing for 2-bed apartment also decreased by 0.1% and a place of this size will now cost you $1,766. 3-bed apartment rent pricing starts at $1,725, it decreased by 2.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 10.1% and made it down to $1,599.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| Apartment rentals | $1,575 | -0.7% |
| Townhouse rentals | $1,636 | -2.3% |
| House rentals | $1,771 | -7.4% |
| Loft rentals | $1,583 | +11.8% |
| Condo rentals | $2,203 | -0.1% |
| Duplex rentals | $1,264 | -2% |
| Room rentals | $691 | +12.4% |
The median rent for an apartment in Durham, NC decreased by 0.7% to $1,575. Statistics show that house rent price decreased by 7.4% this month making it up to $1,771. Condos faced an upward trend these days. The median rent for a condo decreased by 0.1%, it’s now available for $2,203. You can now rent a duplex for $1,264, duplex rent price decreased by 2% this month. The median rent for a loft faced changes as well, it increased by 11.8%, the price tag now starts at$1,583. An average room will now go for $691, the median rent price for a room increased by 12.4%. The median rent for a townhouse decreased by 2.3%, you’ll have to spend around $1,636 to get one.
Rent vs Own
- Rent51%
- Own49%
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