Comptroveby RentSpire

Durham

1121 Chronicle Drive, Durham, NC, 27703

Market rate 1,121 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,691. Average effective rent: $1,691.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,643$1,64375015
2 bedroom$1,817$1,8171,1052
3 bedroom$2,145$2,1451,1721

HUD Fair Market Rent gap

HUD area: Durham-Chapel Hill, NC HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

24-Hour Fitness CenterCo-Working SpaceCustom CabinetryDen SpaceDesigner InteriorsElegant Finishes and Designer FixturesHospitality BarOutdoor Club with GrillingPet SpaResort-Style PoolStainless Steel AppliancesWasher/Dryer In-UnitWood-Style Vinyl Plank Flooring

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Morrisville Morrisville, NC 2.15 mi $1,610 63%
Avalon Perimeter Park Morrisville, NC 2.23 mi $1,660 44%
Avalon Brier Creek Durham, NC 2.37 mi $2,166 42%
Avalon Townhome Collection Brier Creek Durham, NC 2.13 mi $2,672 30%

Sources & provenance

Sourced from https://altarowe.com/floorplans/ — 7 observation(s), last observed Aug 2, 2026.

Sourced from https://altarowe.com/floorplans/a1/ — 11 observation(s), last observed Aug 1, 2026.

Data age: 15 days. Last observed: Aug 2, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

Open the interactive comp report →