Is Durham, NC a good place to invest in rental property?

Durham, NC has a median modeled monthly cash flow of $-1,164 and a median cap rate of 3.0%, on a median sold price of $415,000. Prices changed -3.4% year over year.

What is the average cap rate in Durham, NC?

The median cap rate across recently sold homes in Durham, NC is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Durham, NC?

The median sold price in Durham, NC is $415,000 (about $224 per square foot).

Investing in Durham, NC Real Estate

A data-driven snapshot of the Durham, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$415,000Median sold price

$224Median $/sqft

3.0%Median cap rate

$-1,164Modeled cash flow / mo

-3.4%Appreciation YoY

8.5Months of supply

2,799Active listings

3,957Sold (last 12 mo)

What the Durham numbers say

In Durham, NC, the median home sold for $415,000 (about $224 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,164 of monthly cash flow. Sold prices moved -3.4% over the past year. Inventory sits at about 8.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Durham cash-flowing listings

CashFlowRE ranks every for-sale home in Durham, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Durham deals, or browse the national market data.