Side-by-side comparison of Greensboro, NC and Durham, NC — cap rates, rent, prices, and investment metrics.
Cash flow: Greensboro has the edge with an estimated cap rate of 4.28% compared to Durham's 3.43%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $230,000 in Greensboro vs $345,000 in Durham, while rents come in at $1,200/mo and $1,520/mo respectively.
Growth & appreciation: Durham is growing faster at 1.8% annually vs Greensboro's 0.9%. Durham leads on home value appreciation at 3.4% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.82% in Greensboro vs 0.8% in Durham. Vacancy rates of 5.8% and 4.8% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Durham edges out Greensboro on most key metrics. While cap rates are moderate at 3.43%, Durham's overall profile is stronger. Use our free calculators to model specific deals in Greensboro or Durham.