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Durham NC Apartment Market Read

Covers Durham and Chapel Hill.
Current market read
Landlord’s market
ConditionFirm
RentersLandlords
The yearly data reads a landlord's market, and the monthly figures, asking rents and jobs are holding steady.
From public data. The situation now, not a forecast.
Renter Google searchabout 590 searches in September 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly

About 590 searches in September 2026, for Durham on its own

November is usually one of the quietest months for renter searches here.

What renters Google mostHousesSee all →

Attention, not a verdict. Google searches for apartments to rent.

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Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Stable
Nothing is pulling hard either way in the latest figures (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
+1.0%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
6.1%2024 COUNT
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$1,505 a month
September 2026, ▲ up 1.8% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +4.3% · US avg +4.6%
Median rentCENSUS · 2024
$1,598/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
Demand vs supplyCENSUS + BLS
Strong demand
DEMAND
SUPPLY
DEMAND
Jobs+1.0%
Migration 2025+1.1/1k
SUPPLY
Permits 2025+129%
Vacancy 20246.1%
Rent vs buyWEEKLY RATE · 2024 RENT
+$1,697/mo
Cheaper to rent than buying
rent $1,598 · own $3,295
$1,598
RENT
$3,295
OWN
Domestic migrationCENSUS · 2025
+1.1/1k
▲ More people moved in from elsewhere in the US than left. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.