Property Prices in Durham, NC, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.09 |
| Mortgage as Percentage of Income: | 27.82% |
| Loan Affordability Index: | 3.59 |
| Price to Rent Ratio - City Centre: | 7.39 |
| Price to Rent Ratio - Outside of Centre: | 9.03 |
| Gross Rental Yield (City Centre): | 13.54% |
| Gross Rental Yield (Outside of Centre): | 11.07% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,875.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,433.33 $ | |
| Apartment (3 bedrooms) in City Centre | 2,573.33 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,325.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 250.68 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 250.68 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,371.29 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.59 |
These data are based on 49 entries in the past 18 months from 25 different contributors.
Last update: January 2025
Sources and References
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Nearby cities:| Property Prices in Raleigh, North Carolina | 25.55 miles |
| Property Prices in Greensboro, North Carolina | 54.62 miles |
| Property Prices in Winston-Salem, North Carolina | 80.47 miles |
| Property Prices in Hope Mills, North Carolina | 98.46 miles |
| Property Prices in Roanoke, Virginia | 140.77 miles |
| Property Prices in Charlotte, North Carolina | 141.46 miles |
| Property Prices in Richmond, Virginia | 152.15 miles |
| Property Prices in Wilmington, North Carolina | 156.48 miles |
| Property Prices in Newport News, Virginia | 211.35 miles |
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