RentDataNowRentDataNow
ZIP Code · NC

ZIP 27203

Part of Asheboro, NC
Pop. 23,224·Randolph County·224th most expensive ZIP in North Carolina
Median rent (all units)
$1,036/mo
Year-over-Year
+15.9%
Month-over-Month
+8.3%
vs US Median
-$929
Rising (Monthly)
Be the first to discuss 27203 rents ↓
Most AffordableMost Expensive
ZIP 27203 · $1,036
More affordable than 97% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$950
2 BR
$1,040
3 BR
$1,330
4 BR+
$1,530
Research median
$1,040/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$12,432/yr
At $1,036/mo median
Location
StateNC
CountyRandolph County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.9% YoY, +8.3% MoM), not inventory.
Demographics

Who lives here

ZIP 27203 (Asheboro, NC) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 16.6% of residents hold a bachelor's degree or higher.

Population
23,224
Median income
$46,336
Median age
34.2
Renters
57.1%
Age distribution
27.7%
24.2%
23.9%
16.1%
Under 1827.7%
18–3424.2%
35–5423.9%
55–648.1%
65+16.1%
Gender
52.3%
47.7%
Male52.3%
Female47.7%
Race & ethnicity
54.2%
15.8%
28.1%
White54.2%
Black15.8%
Hispanic28.1%
Asian1.2%
Other0.7%
Education (25+)
17.9%
35.9%
29.5%
16.6%
No HS diploma17.9%
HS diploma35.9%
Some college29.5%
Bachelor's+16.6%
Housing tenure
42.9%
57.1%
Owner42.9%
Renter57.1%

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

2021 vs 2026

How ZIP 27203 in Asheboro, NC has changed in 5 years

Income
$40,350 → $46,336
up 14.8%
Population
22,036 → 23,224
up 5.4%
Renter share
56.1% → 57.1%
+1.0 pts
Bachelor's+
14.4% → 16.6%
+2.2 pts

Local incomes tracked alongside that move, going from a median of $40,350 in 2021 to $46,336 more recently. Census counts show ZIP 27203 in Asheboro, NC adding about 1,188 residents over the five-year window, up 5.4% on net. Bachelor's-degree-or-higher attainment moved from 14.4% to 16.6% across the same window.

Community

Discussions about ZIP 27203

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 27203

About renting in ZIP 27203

Last updated: July 20, 2026

ZIP code 27203 covers Asheboro, NC. The median rent here is $1,036/mo as of July 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,040/mo.

At 27% of local median household income ($46,336/yr), ZIP 27203 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27203?

As of July 20, 2026, the median monthly rent in ZIP 27203 (Asheboro, NC) is $1,036. This is based on aggregated data from public sources and community submissions.

How does ZIP 27203 rent compare to the US average?

ZIP 27203's median rent of $1,036/mo is $929 (47%) below the US national median of $1,965/mo.

How does ZIP 27203 compare to other ZIPs in North Carolina?

ZIP 27203 is among the more affordable ZIP codes in North Carolina, ranking #224 out of 227 ZIPs at $1,036/mo.

How much income do you need to rent in ZIP 27203?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,036/mo in ZIP 27203. The local median household income is $46,336/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27203?

Rent in ZIP 27203 has increased 15.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27203 an affordable place to rent?

ZIP 27203 is considered affordable for renters. At $1,036/mo, rent takes approximately 27% of the local median household income ($46,336/yr). The standard benchmark is 30%. ZIP 27203 falls comfortably within that range.

What percentage of ZIP 27203 residents rent vs. own?

According to Census data, approximately 57.1% of ZIP 27203 households are renters, while 42.9% are owner-occupied. With a majority renter population, ZIP 27203 has a strong rental market.

How does ZIP 27203 compare to the rest of Asheboro?

ZIP 27203 is more affordable than Asheboro overall. At $1,036/mo, it's $33 below the Asheboro citywide median of $1,069/mo.

When was rent data for ZIP 27203 last updated?

Rent data for ZIP 27203 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,036/mo, rent takes ~27% of ZIP 27203's median household income ($46,336/yr). The standard benchmark is 30%.

ZIP 27203 27%Benchmark 30%
State income tax4.5%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 27203 (Asheboro, NC)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.