Cost of Living in Durham, North Carolina
Durham has a population of about 291,467. The median household income is $81,619, median gross rent is $1,508/month, and the median home value is $392,800. Below is how Durham compares to the US.
Is Durham expensive to live in?
Compared with the national median, rent in Durham is 9% below the national median and home values are 5% above the national median. Household income here is about the national median. Monthly rent represents roughly 22% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Durham?
The median gross rent in Durham, North Carolina is $1,508 per month (US Census ACS).
What is the median home price in Durham?
The median home value in Durham is $392,800.
How much do people earn in Durham?
The median household income in Durham is $81,619 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.