Durham, NC
Updated quarterly · Data sourced from Zillow ZHVI/ZORI, Census ACS, and FHFA. · North Carolina overview
Home Value
Median Rent
Per month average
Gross Yield
Annual rent / value
Rent / Price
1% rule benchmark
HH Income
Median household
Owner-Occ
Renter-Occ
Tenant demand share
Population
Metro area census
Market Analysis
The Durham, NC real estate market currently sits at a median home value of $395k with median rents around $1,690/month, producing a gross yield of 5.13%. That puts Durham in the category of moderate gross yield, investors here typically lean on appreciation alongside cash flow. Over the past year, home values are up 1.8%, while rents rose 2.5%, the gap between those two trends is what determines whether yield compresses or expands over time for buy-and-hold investors in North Carolina. Durham is an owner-occupier market (57% owner-occupied) where investor competition is generally lighter, with median household income of $78,000 setting the affordability ceiling on future rent growth.
Frequently asked questions
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Nearby North Carolina markets
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