ZIP Code · NC

ZIP 27401

Part of Greensboro, NC

Pop. 21,920·Guilford County·204th most expensive ZIP in North Carolina

Median rent (all units)

$1,321/mo

Year-over-Year

+2.5%

Month-over-Month

+0.5%

vs US Median

-$611

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 27401 · $1,321

More affordable than 85% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,020

1 BR

$1,070

2 BR

$1,170

3 BR

$1,500

4 BR+

$1,720

Research median

$1,170/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 27401 is at its highest level since Zillow's records here began in March 2022.

Past year vs. the rest of North Carolina

Rent in ZIP 27401 changed +2.5% 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($47,972) is $1,199 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,170); a 3-bedroom is $1,500.

Rank in Greensboro

4th cheapest of 9 ZIP codes in Greensboro.

From Zillow's monthly rent index (ZORI) for ZIP 27401. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,852/yr

At $1,321/mo median

Location

CityGreensboro

StateNC

CountyGuilford County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.5% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 27401 (Greensboro, NC) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 32.7% of residents hold a bachelor's degree or higher.

Population

21,920

Median income

$47,972

Median age

Renters

63.6%

Age distribution

15.5%

45.3%

17.2%

14%

Under 1815.5%

18–3445.3%

35–5417.2%

55–648%

65+14%

Gender

42.7%

57.3%

Male42.7%

Female57.3%

Race & ethnicity

28.6%

60.7%

White28.6%

Black60.7%

Hispanic7.4%

Asian1.6%

Other1.7%

Education (25+)

15.1%

24.3%

28%

32.7%

No HS diploma15.1%

HS diploma24.3%

Some college28%

Bachelor's+32.7%

Housing tenure

36.4%

63.6%

Owner36.4%

Renter63.6%

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

2022 vs 2026

How ZIP 27401 in Greensboro, NC has changed in 5 years

Rent

$1,069 → $1,321

up 23.6%

Income

$40,149 → $47,972

up 19.5%

Population

21,947 → 21,920

down 0.1%

Renter share

65.9% → 63.6%

-2.3 pts

Bachelor's+

28.5% → 32.7%

+4.2 pts

Median age

30 → 29

-1.0 yrs

Across the past five years, the going rent in ZIP 27401 in Greensboro, NC has shifted from $1,069 to $1,321, up 23.6% since 2022. Household income in the area moved from $40,149 to $47,972 across the same window, up 19.5% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 65.9% to 63.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 28.5% to 32.7% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 27401 in Greensboro, NC look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 27401

Last updated: October 17, 2026

ZIP code 27401 covers Greensboro, NC. The median rent here is $1,321/mo as of October 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,170/mo.

At 33% of local median household income ($47,972/yr), ZIP 27401 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27401?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,321/mo in ZIP 27401. The local median household income is $47,972/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 27401?

Rent in ZIP 27401 has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2022.

How does ZIP 27401 compare to other ZIPs in North Carolina?

ZIP 27401 is one of the more affordable among North Carolina ZIP codes for rent, ranking #204 of 230 at $1,321/mo. Over the year to September 2026, rent in ZIP 27401 changed +2.5%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.