Apartments for Rent in Northeast Durham, Gorman, NC

Northeast Durham, Gorman apartment availability

Northeast Durham's rental market offers a good selection of listings, with an average of 38 rentals available each month. The majority of these listings are 3-bedroom apartments, followed by 1-bedroom and 2-bedroom options. Many of these apartments offer convenient amenities, including in-unit laundry, which is available in about 54% of listings, and dishwashers, which are available in about 46% of listings. Additionally, about 43% of apartments in Northeast Durham are pet-friendly with some restrictions, making this neighborhood a great option for renters with pets.

Northeast Durham, Gorman rental market trends

The Northeast Durham, Gorman rental market experienced an 8.5% year-over-year increase in average monthly rent, reaching $1,883 in 2024. The average rent for 1-bedrooms decreased by 5.1% to $621, while 2-bedrooms saw a significant 11.9% increase to $1,641. The average rent for 3-bedrooms rose by 5.5% to $1,978.

Rents in Northeast Durham tend to be highest in January, with a 15.9% increase compared to October, the month with the lowest average rent. This suggests that winter may be a more competitive time to find an apartment in the area. However, it's worth noting that the most significant rent fluctuations occur between January and October, making these periods potentially advantageous for renters looking for better deals.

Keep in mind that studio apartments are not a reliable indicator of market trends in Northeast Durham, as there was no data available for studios in 2023, and the 2024 data shows a significant anomaly.

Why Northeast Durham, Gorman is a great place to live

Northeast Durham is a prime neighborhood for renters prioritizing fitness and social living. With access to onsite gym equipment, parks, and recreation centers, residents can easily maintain an active lifestyle. The area also features health clinics, wellness centers, farmers' markets, and health food stores, further supporting overall well-being. For those who value social connections, Northeast Durham's diverse neighborhood population, entertainment venues, and transit options make it an ideal spot to get out and engage with the community. A strong walk score and attention to street infrastructure also contribute to the area's appeal for renters seeking a vibrant, connected living experience.