How much does it cost to rent an apartment in Durham?
Durham Apartments
Bed TypeAverage RentRange
4+BR$5,140
$4,500 - $5,780
Frequently Asked Questions
How many apartments are available in Durham, NH on Rentable.co?
Rentable.co has over 125 apartments available in Durham.
Can I afford an apartment for rent in Durham, NH?
Based on average rent prices in Durham, to afford a five-bedroom apartment you would need an annual household income of $206,000 to live comfortably.
Find a Durham Apartment
Durham is known for its amazing scenery that is combined with the feel of city life in a country setting. While this is seen as a small town don't let Durham fool you. This is a town rich in art, culture, history and a wide variety of sporting events. Located in Strafford County this town boasts a population of around 15,000 residents. Durham rests at the mouth of the Oyster River. It was founded in 1635 by a group of pioneers. Its name comes from the town Durham in England because earlier settlers were from that area.
When to Search
Durham is breathtaking. Of course naturally winter months can get quite cold. If you want to look at an apartment then it is advised to do so about 3 months before you want to move. This allows time for you to review plenty of properties as well as process all paperwork in plenty of time.
Staying in the Know
Durham is a popular town. With this comes high demand for apartments. This means you will have a good amount of competition depending on when you want to apply. Always apply early to get ahead of the rest. Be sure to have all documentation required so it pushes our completed packet to the front.
Life in Durham
Transportation
Public campus transportation is available to all university students via Wildcat Transit. For those off campus there is the public transportation system as well as local taxis that can transport you around town. It is advised though to own your own transportation to make like a little easier. If you are close to the college campus or downtown then you may easily walk to many of the local destinations.
Where to play
Durham offers food lovers a wealth of food establishments to quench your appetite and thirst. Everything from Aroma Joe's and the Durham House of Pizza to Knot's Irish pub and Libby's Bar and Grill are available. In addition there are various sporting events throughout the year as well as numerous outdoor adventures to be had.
Welcome to the May 2024 Durham Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 key findings and figures for the Durham rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Durham and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Durham average rent prices in the chart below.
Monthly Rent Report
$2,150
$1,610
$1,080
$540
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Durham Rent Prices Increase From April to May
Durham rent prices increased over the last month. From April to May, the city experienced a 22.57% increase for the price of a one-bedroom apartment. The rent price for a Durham one-bedroom apartments currently stands at $1,776.0.
When we take a look at the two-bedroom comparison from April to May, Durham experienced a -7.0% decrease for the price of a two-bedroom apartment. The rent price for a Durham two-bedroom apartments currently stands at $1,701.0.
May Prices: Durham vs. Surrounding Areas
Rent Prices in Durham and Surrounding Areas
Rent prices have increased in Durham over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Durham suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Durham suburbs
Rents did not decrease in any of the Durham suburbs.
May 2024 Pricing Trends: Durham vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Durham Rent Prices More Affordable Than Major Cities
Rent growth in Durham over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Durham average rent prices appear to be
relatively affordable for local residents.
The price for a Durham one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Durham and surrounding area rent prices, take a look at the complete data set below.
Data set for Durham and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.