ZIP Code · NC

ZIP 27302

Part of Mebane, NC

Pop. 35,418·Alamance County·166th most expensive ZIP in North Carolina

Median rent (all units)

$1,485/mo

Year-over-Year

+3.2%

Month-over-Month

+0.5%

vs US Median

-$447

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 27302 · $1,485

More affordable than 74% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,400

1 BR

$1,480

2 BR

$1,690

3 BR

$2,110

4 BR+

$2,530

Research median

$1,690/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

Compared with the peak

Rent in ZIP 27302 is at its highest level since Zillow's records here began in February 2023.

Past year vs. the rest of North Carolina

Rent in ZIP 27302 changed +3.2% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,819) is $1,995 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,690); a 3-bedroom is $2,110.

Cheaper nearby

ZIP 27217, 7 miles away, rents for 12% less ($1,306/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27302. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,820/yr

At $1,485/mo median

Location

CityMebane

StateNC

CountyAlamance County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.2% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 27302 (Mebane, NC) is majority owner-occupied, 35% of residents hold a bachelor's degree or higher.

Population

35,418

Median income

$79,819

Median age

Renters

30.6%

Age distribution

20.9%

21.4%

27.6%

12.7%

17.5%

Under 1820.9%

18–3421.4%

35–5427.6%

55–6412.7%

65+17.5%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

63%

16.9%

White63%

Black16.9%

Hispanic10.6%

Asian2.8%

Other6.8%

Education (25+)

25.4%

30.2%

35%

No HS diploma9.4%

HS diploma25.4%

Some college30.2%

Bachelor's+35%

Housing tenure

69.4%

30.6%

Owner69.4%

Renter30.6%

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

2023 vs 2026

How ZIP 27302 in Mebane, NC has changed in 5 years

Rent

$1,358 → $1,485

up 9.4%

Income

$69,524 → $79,819

up 14.8%

Population

33,364 → 35,418

up 6.2%

Renter share

29.6% → 30.6%

+1.0 pts

Bachelor's+

30.8% → 35%

+4.2 pts

Median age

39.7 → 41

+1.3 yrs

Across the past five years, the going rent in ZIP 27302 in Mebane, NC has shifted from $1,358 to $1,485, up 9.4% since 2023. Median household income climbed from $69,524 to $79,819 between 2021 and 2024, a 14.8% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 27302 in Mebane, NC adding about 2,054 residents over the five-year window, up 6.2% on net. Bachelor's-degree-or-higher attainment moved from 30.8% to 35% across the same window. Taken together, the five-year picture in ZIP 27302 in Mebane, 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 27302

Last updated: October 17, 2026

ZIP code 27302 covers Mebane, NC. The median rent here is $1,485/mo as of October 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,690/mo.

At 22% of local median household income ($79,819/yr), ZIP 27302 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27302?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,485/mo in ZIP 27302. The local median household income is $79,819/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27302?

Rent in ZIP 27302 has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2023.

How does ZIP 27302 compare to other ZIPs in North Carolina?

ZIP 27302 is one of the more affordable among North Carolina ZIP codes for rent, ranking #166 of 230 at $1,485/mo. Over the year to September 2026, rent in ZIP 27302 changed +3.2%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.