Rental Investing in Durham, NC

2026 Market Data & Investment Analysis

Gross Yield

5.5%

Annual rent / price

Median Home Price

$370,000

As of 2026-Q1

Median Monthly Rent

$1,700

Per month

Population

285,527

+1.9% / yr (5y avg)

Calculate Your Return in Durham

Pre-filled with Durham's median values. Adjust to match your specific property.

Property Details

$

Total acquisition cost before taxes

$
$

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

5.51%

Net Rental Yield

3.59%

Cap Rate

3.59%

Monthly Cash Flow

$1,106.67

Annual Cash Flow

$13,280.00

> 6% — Excellent4–6% — Good< 4% — Low

Market Overview

Median Home Price — 5-Year Trend

2021
$295,000
2022
$410,000
2023
$385,000
2024
$376,000
2025
$370,000

Median Monthly Rent — 5-Year Trend

2021
$1,440
2022
$1,670
2023
$1,705
2024
$1,703
2025
$1,700

Durham provides solid rental yields of 5.5%, in line with healthy investment market benchmarks.

Strong population growth of 1.9% per year suggests increasing rental demand and a tightening supply-demand balance over time.

The vacancy rate of 4.7% is healthy, indicating strong rental demand and limited downtime between tenants.

Investment Profile

Appreciation Market

Durham features strong population growth that may drive property values higher over time. Current rental yields are modest, so returns are more dependent on price appreciation than immediate rental income.

Strengths

  • Population growth of 1.9% per year supports long-term demand
  • Appreciation potential may deliver strong total returns over time
  • Robust rental demand from growing workforce and population

! Risks

  • Gross yield of 5.5% provides limited current cash flow
  • Higher purchase prices require larger upfront capital
  • Returns more sensitive to market cycles and interest rates

Key Metrics

Gross Yield5.5%
Median Home Price$370,000
Median Monthly Rent$1,700
Population Growth+1.9% / yr
Vacancy Rate4.7%

How Durham Compares

Durham vs Raleigh: 0.1 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Raleigh, NC$390,000$1,7505.4%+2.1%
Charlotte, NC$370,000$1,7005.5%+1.4%
Virginia Beach, VA$320,000$1,6006%+0.2%
Richmond, VA$310,000$1,5506%+0.7%
Atlanta, GA$350,000$1,7506%+1.6%

Frequently Asked Questions

Is rental investing profitable in Durham?
Durham offers a gross rental yield of 5.5%, which is in line with the national average. With a median home price of $370,000 and median monthly rent of $1,700, profitability is achievable but depends heavily on financing terms and whether you can source properties below the median price.
What is the average rental yield in Durham?
The average gross rental yield in Durham is approximately 5.5%, based on a median home price of $370,000 and median monthly rent of $1,700 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Durham compare to Raleigh for investors?
Durham has a gross yield of 5.5% compared to 5.4% in Raleigh, a difference of 0.1 percentage points. Durham offers higher current income potential, making it more attractive for cash flow-focused investors.

Ready to Analyse a Specific Property in Durham?

Use our free rental yield calculator to model any property — not just the median.

Data source: Zillow Research / U.S. Census Bureau. Last updated: 2026-Q1. This information is for educational purposes only and does not constitute investment advice.