Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Durham area can be challenging. Home prices in Downtown Durham are now at a median cost of $264,378, lower than the Durham average of $269,696.
The average cost of rent is $1,227/mo in Downtown Durham, primarily driven by the current value of real estate in the Downtown Durham area. While nearly 33.43% of residents own their homes outright in Downtown Durham, 77.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Durham is $5,123 per month. Households that rent pay about 23.94% of their income on rent here. Downtown Durham's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Nearby Neighborhoods
- East Durham, Durham, NC: less expensive homes
- Trinity Park, Durham, NC: higher priced homes
- Old West Durham, Durham, NC: less expensive homes
- Northeast Durham, Durham, NC: less expensive homes
- North Garrett Road, Durham, NC: higher priced homes
- University of NC at Chapel Hill, Chapel Hill, NC: higher priced homes
- Downtown Chapel Hill, Chapel Hill, NC: higher priced homes
- Northwest Raleigh, Raleigh, NC: higher priced homes
- North, Raleigh, NC: higher priced homes
- Glenwood, Raleigh, NC: higher priced homes
Neighborhoods with Similar Populations
- Amphi, Tucson, AZ: less expensive homes
- Annex, East Haven, CT: less expensive homes
- West Memorial, Katy, TX: less expensive homes
- Berkeley Place, Martinsburg, WV: less expensive homes
- Pueblo, Wichita, KS: less expensive homes
- Latah Valley, Spokane, WA: equally priced homes
- Plaza-Eastway, Charlotte, NC: less expensive homes
- Northwest, Garden City, ID: higher priced homes
- Northside, Fort Wayne, IN: less expensive homes
- North Waltham, Waltham, MA: higher priced homes
All Local Stats
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