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ZIP Code · NC

ZIP 27295

Pop. 39,267·Davidson County·16th most expensive ZIP in North Carolina
Median rent (all units)
$2,124/mo
Year-over-Year
+26.4%
Month-over-Month
+5.4%
vs US Median
+$159
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27295 · $2,124
More expensive than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$860
2 BR
$940
3 BR
$1,290
4 BR+
$1,560
Research median
$940/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: June 22, 2026

Annual cost
$25,488/yr
At $2,124/mo median
Location
StateNC
CountyDavidson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 26.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+26.4% YoY, +5.4% MoM), not inventory.
Demographics

Who lives here

ZIP 27295 (Lexington, NC) is majority owner-occupied, has a median income below the national average, 19.6% of residents hold a bachelor's degree or higher.

Population
39,267
Median income
$63,961
Median age
44.1
Renters
24.5%
Age distribution
19.9%
20.7%
24.9%
15.3%
19.2%
Under 1819.9%
18–3420.7%
35–5424.9%
55–6415.3%
65+19.2%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
83.4%
White83.4%
Black5.4%
Hispanic5.7%
Asian2.6%
Other3%
Education (25+)
34.1%
35.9%
19.6%
No HS diploma10.4%
HS diploma34.1%
Some college35.9%
Bachelor's+19.6%
Housing tenure
75.5%
24.5%
Owner75.5%
Renter24.5%

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

2021 vs 2026

How ZIP 27295 in Lexington, NC has changed in 5 years

Income
$51,778 → $63,961
up 23.5%
Population
38,894 → 39,267
up 1.0%
Renter share
26.8% → 24.5%
-2.3 pts
Bachelor's+
17.3% → 19.6%
+2.3 pts

Household income in the area moved from $51,778 to $63,961 across the same window, up 23.5% versus 2021. The population has grown by 1.0% since 2021, moving from about 38,894 residents to roughly 39,267. Renters now make up 24.5% of households, compared with 26.8% five years ago. College-educated residents now make up 19.6% of adults here, versus 17.3% in 2021.

Community

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Local insights

Tips for renters in ZIP 27295

About renting in ZIP 27295

Last updated: June 22, 2026

ZIP code 27295 covers Lexington, NC. The median rent here is $2,124/mo as of June 2026. A 1-bedroom rents for a median of $860/mo. A 2-bedroom rents for a median of $940/mo.

At 40% of local median household income ($63,961/yr), ZIP 27295 ranks as moderate compared to the national benchmark of 30%. Rents have increased 26.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27295?

As of June 22, 2026, the median monthly rent in ZIP 27295 (Lexington, NC) is $2,124. This is based on aggregated data from public sources and community submissions.

How does ZIP 27295 rent compare to the US average?

ZIP 27295's median rent of $2,124/mo is $159 (8%) above the US national median of $1,965/mo.

How does ZIP 27295 compare to other ZIPs in North Carolina?

ZIP 27295 is one of the pricier ZIP codes in North Carolina, ranking #16 out of 227 ZIPs tracked at $2,124/mo.

How much income do you need to rent in ZIP 27295?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,124/mo in ZIP 27295. The local median household income is $63,961/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 27295?

Rent in ZIP 27295 has increased 26.4% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 27295 an affordable place to rent?

ZIP 27295 is considered moderate for renters. At $2,124/mo, rent takes approximately 40% of the local median household income ($63,961/yr). The standard benchmark is 30%. ZIP 27295 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 27295 residents rent vs. own?

According to Census data, approximately 24.5% of ZIP 27295 households are renters, while 75.5% are owner-occupied. ZIP 27295 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27295 compare to the rest of Lexington?

ZIP 27295 is pricier than Lexington as a whole. At $2,124/mo, it's $486 above the Lexington citywide median of $1,638/mo.

When was rent data for ZIP 27295 last updated?

Rent data for ZIP 27295 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
40%
MODERATE

At $2,124/mo, rent takes ~40% of ZIP 27295's median household income ($63,961/yr). The standard benchmark is 30%.

ZIP 27295 40%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27295 (Lexington, NC)

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