Northeast Durham renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Northeast Durham is about $1,235 per month. This puts it in the 48th percentile compared to the city average cost of rent, which is $1,281. Households in Northeast Durham have a median income of $4,922 per month so the average renter in Northeast Durham is spending roughly 25% of their earnings on housing.
Nationally, and in Northeast Durham, home values are the data point most closely correlated with the cost of rent. The median price of a home in Northeast Durham is $162,809 right now, which is lower than nearby neighborhoods, meaning that rents in Northeast Durham also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Northeast Durham while lower rent rates are often available in central areas.
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