Expensive
40th Percentile
Metro Area
Fair Market Rent prices in Durham-Chapel Hill are
very high
compared to the national average.
This FMR area is more expensive
than
95%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Durham-Chapel Hill is $1,631 per month.
The previous year, rent for a two-bedroom home was $1,315 per month.
This is a 24.03% increase year-over-year.
This FMR rate applies to Bonlee, NC, Gulf, NC, Bennett, NC, Goldston, NC, New Hill, NC, Moncure, NC, Staley, NC, Bear Creek, NC, Robbins, NC, Pittsboro, NC and other cities within the region.
The Metro Code or CBSA code for this region is METRO20500M20500.
Additionally, This Fair Market Rent (FMR) area Durham-Chapel Hill, NC HUD Metro FMR Area spans one county or city in North Carolina which is listed in the table below.
Estimated population of Durham-Chapel Hill, NC HUD Metro FMR Area FMR area is 72,853 people based on latest Census data.
Compared to the rest of North Carolina, the Durham-Chapel Hill FMR area is
more expensive than
97% of the state.