Durham-Chapel Hill
North Carolina · Ranked #53 of 102 metros
48Moderate
Median Home Price
🏠$380K
Need $109K income
Median Rent
🔑$1K
Need $56K income
Housing Shortage
📉12,000
units needed
Building Permits
🔨7,000
annual
Median Income
💰$68K
Pop: 644,367
Rent Burden
⚠️31.0%
of renters paying >30%
Price Change (YoY)
📈+4%
Homeownership
🏡60.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Durham-Chapel Hill | National |
|---|---|---|
| Price-to-Income Ratio | 5.6x | 6.1x |
| Rent Burden | 31.0% | 31.5% |
| Homeownership Rate | 60.0% | 65.5% |
| YoY Price Change | +4% | +3.5% |
| YoY Rent Change | +3% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |