Old West 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 Old West Durham is about $1,200 per month. This puts it in the 45th percentile compared to the city average cost of rent, which is $1,281. Households in Old West Durham have a median income of $2,674 per month so the average renter in Old West Durham is spending roughly 45% of their earnings on housing.
Nationally, and in Old West Durham, home values are the data point most closely correlated with the cost of rent. The median price of a home in Old West Durham is $195,508 right now, which is lower than nearby neighborhoods, meaning that rents in Old West Durham also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Old West Durham while lower rent rates are often available in southern areas.
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