States › New Hampshire › Durham

Is Durham, NH expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,22830% lower than U.S. average
💵 Families earn per year (2026)$120,867about $10,072/month · 39% higher than U.S. average
🔑 House price$498,00050% higher than U.S. average

Rent is lower than in 74% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 4.1 years of household income. Commutes are short, about 17.2 minutes. It is a highly educated city: 75.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $49,120 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other New Hampshire cities?

Yes. Rent here is cheaper than in most of New Hampshire. It is number 4 of 26 cities from cheapest to most expensive.

Durham
$1,228
$1,754
$1,888
$969
$1,733

How much do households earn in Durham?

Under $25k
11.2%
$25k–50k
19.0%
$50k–100k
22.3%
$100k–150k
21.9%
$150k+
25.5%

Share of households by yearly income. 47.4% of households earn $100,000 or more.

Rent by apartment size in Durham

SizeDurhamU.S. average
Studio$875$1,338
1 bedroom$1,327$1,324
2 bedrooms$2,483$1,509
3 bedrooms$3,219$1,698
4 bedrooms$1,367$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Durham overall?

Everyday prices in New Hampshire overall are 4% above the U.S. average (index 104.2, U.S. = 100).

Housing
115
Goods (food, clothes…)
99
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Durham, so the New Hampshire figure is shown.

Taxes and bills in Durham

🏛️ Property tax$10,000+a year · 2.01% of home value · U.S. $3,119
⚡ Electric bill$140a month (typical) · U.S. $156

Life in Durham

Commute to work17.2 minU.S.: 26.4 min
College degree75.4%U.S.: 35.7%
Own their home53.6%U.S.: 65.2%
Below poverty line12.4%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Durham?

Renting is cheaper right now: about $2,227 a month less.

Renting
$1,228
Owning
$3,455

Owning assumes a typical $498,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,800 for the down payment.

Frequently asked questions

What is the average rent in Durham, NH?

Renting in Durham costs a median of about $1,228 a month in 2026, including utilities. The New Hampshire median is $1,916.

How much do I need to make to live in Durham?

To keep rent under 30% of income, you need about $49,120 a year, or $24 an hour at a full-time job.

Is Durham cheap or expensive?

Durham is rated Cheap: rent takes 12.2% of the typical household income of $120,867. It ranks 4th cheapest of 26 New Hampshire cities we track.

How much are property taxes in Durham?

The median homeowner in Durham pays $10,000+ a year in property taxes, about 2.01% of the median home value.

Is Durham more expensive than the national average?

Overall prices in New Hampshire are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Durham?

The median home value in Durham is $498,000, about 4.1 times the typical yearly household income.

10,681 people live in Durham. Numbers are typical (middle) values.