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ZIP Code · NC

ZIP 27292

Pop. 40,311·Davidson County·166th most expensive ZIP in North Carolina
Median rent (all units)
$1,477/mo
Year-over-Year
+34.3%
Month-over-Month
+14.1%
vs US Median
-$488
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27292 · $1,477
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$960
2 BR
$1,050
3 BR
$1,440
4 BR+
$1,740
Research median
$1,050/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: July 20, 2026

Annual cost
$17,724/yr
At $1,477/mo median
Location
StateNC
CountyDavidson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 34.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+34.3% YoY, +14.1% MoM), not inventory.
Demographics

Who lives here

ZIP 27292 (Lexington, NC) is majority owner-occupied, has a large retiree population, has a median income below the national average, 19% of residents hold a bachelor's degree or higher.

Population
40,311
Median income
$57,264
Median age
41.6
Renters
29.8%
Age distribution
21.2%
20.8%
24.1%
13.8%
20.1%
Under 1821.2%
18–3420.8%
35–5424.1%
55–6413.8%
65+20.1%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
72.1%
White72.1%
Black11.8%
Hispanic10.1%
Asian1.8%
Other4.2%
Education (25+)
15%
32.1%
33.9%
19%
No HS diploma15%
HS diploma32.1%
Some college33.9%
Bachelor's+19%
Housing tenure
70.2%
29.8%
Owner70.2%
Renter29.8%

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

2021 vs 2026

How ZIP 27292 in Lexington, NC has changed in 5 years

Income
$44,614 → $57,264
up 28.4%
Population
41,035 → 40,311
down 1.8%
Renter share
34.8% → 29.8%
-5.0 pts
Bachelor's+
15.8% → 19%
+3.2 pts
Median age
41 → 41.6
+0.6 yrs

Census figures show median household income at $57,264 today, compared with $44,614 five years earlier. The population has contracted by 1.8% since 2021, moving from about 41,035 residents to roughly 40,311. Renters now make up 29.8% of households, compared with 34.8% five years ago. College-educated residents now make up 19% of adults here, versus 15.8% in 2021.

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Local insights

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About renting in ZIP 27292

Last updated: July 20, 2026

ZIP code 27292 covers Lexington, NC. The median rent here is $1,477/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,050/mo.

At 31% of local median household income ($57,264/yr), ZIP 27292 ranks as moderate compared to the national benchmark of 30%. Rents have increased 34.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27292?

As of July 20, 2026, the median monthly rent in ZIP 27292 (Lexington, NC) is $1,477. This is based on aggregated data from public sources and community submissions.

How does ZIP 27292 rent compare to the US average?

ZIP 27292's median rent of $1,477/mo is $488 (25%) below the US national median of $1,965/mo.

How does ZIP 27292 compare to other ZIPs in North Carolina?

ZIP 27292 is among the more affordable ZIP codes in North Carolina, ranking #166 out of 227 ZIPs at $1,477/mo.

How much income do you need to rent in ZIP 27292?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,477/mo in ZIP 27292. The local median household income is $57,264/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 27292?

Rent in ZIP 27292 has increased 34.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27292 an affordable place to rent?

ZIP 27292 is considered moderate for renters. At $1,477/mo, rent takes approximately 31% of the local median household income ($57,264/yr). The standard benchmark is 30%. ZIP 27292 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 27292 residents rent vs. own?

According to Census data, approximately 29.8% of ZIP 27292 households are renters, while 70.2% are owner-occupied. ZIP 27292 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27292 compare to the rest of Lexington?

ZIP 27292 is more affordable than Lexington overall. At $1,477/mo, it's $161 below the Lexington citywide median of $1,638/mo.

When was rent data for ZIP 27292 last updated?

Rent data for ZIP 27292 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,477/mo, rent takes ~31% of ZIP 27292's median household income ($57,264/yr). The standard benchmark is 30%.

ZIP 27292 31%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27292 (Lexington, NC)

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