ZIP Code · NC

ZIP 27332

Part of Sanford, NC
Pop. 36,947·Lee County·25th most expensive ZIP in North Carolina
Median rent (all units)
$2,017/mo
Year-over-Year
+6.0%
Month-over-Month
+0.3%
vs US Median
+$85
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 27332 · $2,017
More expensive than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$950
2 BR
$1,200
3 BR
$1,510
4 BR+
$1,870
Research median
$1,200/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 27332 is at its highest level since Zillow's records here began in October 2022.

Past year vs. the rest of North Carolina

Rent in ZIP 27332 changed +6.0% 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 2 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($78,447) is $1,961 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,870).

Cheaper nearby

ZIP 27330, 10 miles away, rents for 20% less ($1,619/mo), about $4,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27332. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,204/yr
At $2,017/mo median
Location
StateNC
CountyLee County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.0% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 27332 (Sanford, NC) is majority owner-occupied, 24.6% of residents hold a bachelor's degree or higher.

Population
36,947
Median income
$78,447
Median age
39.3
Renters
25%
Age distribution
22.8%
21.9%
26.5%
12.2%
16.6%
Under 1822.8%
18–3421.9%
35–5426.5%
55–6412.2%
65+16.6%
Gender
51.9%
48.1%
Male51.9%
Female48.1%
Race & ethnicity
65.4%
14.7%
21%
White65.4%
Black14.7%
Hispanic21%
Asian0.7%
Education (25+)
13.8%
27%
34.5%
24.6%
No HS diploma13.8%
HS diploma27%
Some college34.5%
Bachelor's+24.6%
Housing tenure
75%
25%
Owner75%
Renter25%

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

2023 vs 2026

How ZIP 27332 in Sanford, NC has changed in 5 years

Rent
$1,758 → $2,017
up 14.7%
Income
$66,469 → $78,447
up 18.0%
Population
33,935 → 36,947
up 8.9%
Renter share
31.3% → 25%
-6.3 pts
Bachelor's+
24.1% → 24.6%
+0.5 pts
Median age
37.5 → 39.3
+1.8 yrs

Across the past five years, the going rent in ZIP 27332 in Sanford, NC has shifted from $1,758 to $2,017, up 14.7% since 2023. Census figures show median household income at $78,447 today, compared with $66,469 five years earlier. 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 27332 in Sanford, NC adding about 3,012 residents over the five-year window, up 8.9% on net. The renter share has eased from 31.3% to 25%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 27332

Last updated: October 17, 2026

ZIP code 27332 covers Sanford, NC. The median rent here is $2,017/mo as of October 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,200/mo.

At 31% of local median household income ($78,447/yr), ZIP 27332 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27332?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,017/mo in ZIP 27332. The local median household income is $78,447/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 27332?

Rent in ZIP 27332 has risen 6.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2022.

How does ZIP 27332 compare to other ZIPs in North Carolina?

ZIP 27332 is one of the pricier among North Carolina ZIP codes for rent, ranking #25 of 230 at $2,017/mo. Over the year to September 2026, rent in ZIP 27332 changed +6.0%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27332 compare to the rest of Sanford?

At $2,017/mo, ZIP 27332 is $283 above the Sanford citywide median of $1,734/mo.
Income Affordability
31%
MODERATE

At $2,017/mo, rent takes ~31% of ZIP 27332's median household income ($78,447/yr). The standard benchmark is 30%.

ZIP 27332 31%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27332 (Sanford, NC)

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