Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Durham area can be challenging. Home prices in Durham are now at a median cost of $484,648, lower than the California average of $648,235.
The average cost of rent is $1,144/mo in Durham, primarily driven by the current value of real estate in the Durham area. While nearly 39.21% of residents own their homes outright in Durham, 27.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Durham is $9,207 per month. Households that rent pay about 12.43% of their income on rent here. Durham's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Nelson, CA: equally priced homes
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- Richardson Springs, CA: less expensive homes
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Cities with Similar Populations
- Kerhonkson, NY: less expensive homes
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- New Lisbon, WI: less expensive homes
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- Morrisville, VT: less expensive homes
- Lexington, OH: less expensive homes
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