ZIP Code · NC

ZIP 27107

Pop. 50,769·Forsyth County·148th most expensive ZIP in North Carolina
Median rent (all units)
$1,561/mo
Year-over-Year
+4.3%
Month-over-Month
+0.6%
vs US Median
-$371
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27107 · $1,561
More affordable than 68% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$960
2 BR
$1,090
3 BR
$1,440
4 BR+
$1,710
Research median
$1,090/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 27107 usually run 1.3% below trend in January and 1.2% above it in May, about $39 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 27107 is at its highest level since Zillow's records here began in November 2017.

Past year vs. the rest of North Carolina

Rent in ZIP 27107 changed +4.3% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 27107 rose 55.1% while median household income rose 38.9% ($43,720 to $60,729). Rent outpaced income.

Since before the pandemic

Rent in ZIP 27107 is 67% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($60,729) is $1,518 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,440); a 4-bedroom is $1,710.

Rank in Winston-Salem

4th cheapest of 7 ZIP codes in Winston-Salem.

Cheaper nearby

ZIP 27262, 8 miles away, rents for 19% less ($1,269/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27107. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,732/yr
At $1,561/mo median
Location
StateNC
CountyForsyth County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 27107 (Winston-Salem, NC) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 25.9% of residents hold a bachelor's degree or higher.

Population
50,769
Median income
$60,729
Median age
36.4
Renters
27.2%
Age distribution
25.9%
22.1%
24.3%
13.1%
14.6%
Under 1825.9%
18–3422.1%
35–5424.3%
55–6413.1%
65+14.6%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
46.8%
29.5%
21.6%
White46.8%
Black29.5%
Hispanic21.6%
Asian1.1%
Other1.1%
Education (25+)
13%
30.7%
30.4%
25.9%
No HS diploma13%
HS diploma30.7%
Some college30.4%
Bachelor's+25.9%
Housing tenure
72.8%
27.2%
Owner72.8%
Renter27.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 27107 in Winston-Salem, NC has changed in 5 years

Rent
$1,063 → $1,561
up 46.8%
Income
$48,669 → $60,729
up 24.8%
Population
49,835 → 50,769
up 1.9%
Renter share
30.7% → 27.2%
-3.5 pts
Bachelor's+
23.1% → 25.9%
+2.8 pts
Median age
37.6 → 36.4
-1.2 yrs

Rent in ZIP 27107 in Winston-Salem, NC has increased 46.8% since 2021, going from about $1,063 per month to roughly $1,561 today. Median household income grew from $48,669 to $60,729 between 2021 and 2024, a 24.8% shift. Rent outpaced income growth by roughly 22.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 49,835 to 50,769 between 2021 and 2024, a 1.9% change. About 27.2% of households rent today, against 30.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 23.1% to 25.9%. Taken together, the five-year picture in ZIP 27107 in Winston-Salem, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 27107

Last updated: October 17, 2026

ZIP code 27107 covers Winston-Salem, NC. The median rent here is $1,561/mo as of October 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,090/mo.

At 31% of local median household income ($60,729/yr), ZIP 27107 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27107?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,561/mo in ZIP 27107. The local median household income is $60,729/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 27107?

Rent in ZIP 27107 has risen 4.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2017.

When is the cheapest time to rent in ZIP 27107?

Asking rents in ZIP 27107 are usually lowest in January, about 1.3% below their yearly trend, and highest in May, about 1.2% above it. At today's median that is a gap of roughly $39 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 27107?

Yes. From 2019 to 2024, rent in ZIP 27107 rose 55.1% while median household income rose 38.9%, from $43,720 to $60,729. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 27107 compare to other ZIPs in North Carolina?

ZIP 27107 is in the middle among North Carolina ZIP codes for rent, ranking #148 of 230 at $1,561/mo. Over the year to September 2026, rent in ZIP 27107 changed +4.3%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27107 compare to the rest of Winston-Salem?

At $1,561/mo, ZIP 27107 is $83 above the Winston-Salem citywide median of $1,478/mo. It is the 4th cheapest of 7 ZIP codes in Winston-Salem.
Income Affordability
31%
MODERATE

At $1,561/mo, rent takes ~31% of ZIP 27107's median household income ($60,729/yr). The standard benchmark is 30%.

ZIP 27107 31%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27107 (Winston-Salem, NC)

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