ZIP 27127
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 27127 usually run 1.1% below trend in January and 0.6% above it in August, about $29 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 27127 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 27127 changed +4.1% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in ZIP 27127 rose 52.2% while median household income rose 21.6% ($50,935 to $61,926). Rent outpaced income.
Rent in ZIP 27127 is 58.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($61,926) is $1,548 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,270); a 3-bedroom is $1,660.
7th cheapest of 7 ZIP codes in Winston-Salem.
ZIP 27104, 6 miles away, rents for 21% less ($1,347/mo), about $4,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 27127. 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.
Who lives here
ZIP 27127 (Winston-Salem, NC) is majority owner-occupied, has a median income below the national average, 32% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 27127 in Winston-Salem, NC has changed in 5 years
The median rent in ZIP 27127 in Winston-Salem, NC stood at $1,197 in 2021 and currently runs about $1,715, reflecting a 43.3% increase over the period. Median household income rose from $54,750 to $61,926 between 2021 and 2024, a 13.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.4% since 2021, moving from about 42,914 residents to roughly 41,443. Renters now make up 34.3% of households, compared with 37.4% five years ago. College-educated residents now make up 32% of adults here, versus 26.9% in 2021. Taken together, the five-year picture in ZIP 27127 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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Tips for renters in ZIP 27127
Last updated: October 17, 2026
ZIP code 27127 covers Winston-Salem, NC. The median rent here is $1,715/mo as of October 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,270/mo.
At 33% of local median household income ($61,926/yr), ZIP 27127 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.1% over the past year.
Frequently asked questions
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How does ZIP 27127 compare to the rest of Winston-Salem?
At $1,715/mo, rent takes ~33% of ZIP 27127's median household income ($61,926/yr). The standard benchmark is 30%.
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