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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 $514,635, higher than the New Hampshire average of $417,591.
The average cost of rent is $1,761/mo in Durham, primarily driven by the current value of real estate in the Durham area. In Durham, 37.50% of households rent, and 48.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Durham is $7,494 per month. Households that rent pay about 23.49% of their income on rent here. Durham’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Madbury, NH: equally priced homes
- Lee, NH: less expensive homes
- Newmarket, NH: less expensive homes
- Newington, NH: higher priced homes
- Dover, NH: less expensive homes
- Eliot, ME: equally priced homes
- Newfields, NH: higher priced homes
- Barrington, NH: less expensive homes
- Greenland, NH: higher priced homes
- Rollinsford, NH: less expensive homes
Cities with Similar Populations
- Holiday City-Berkeley, NJ: less expensive homes
- Selinsgrove, PA: less expensive homes
- Scottsville, KY: less expensive homes
- Savannah, TN: less expensive homes
- Sabana Hoyos, PR: less expensive homes
- Robinson, TX: less expensive homes
- Las Marias, PR: less expensive homes
- Kingsgate, WA: higher priced homes
- Jackson, OH: less expensive homes
- Holly Springs, MS: less expensive homes
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