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ZIP Code · NC

ZIP 27406

Pop. 60,651·Guilford County·214th most expensive ZIP in North Carolina
Median rent (all units)
$1,230/mo
Year-over-Year
-0.6%
Month-over-Month
+0.7%
vs US Median
-$735
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27406 · $1,230
More affordable than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,250
2 BR
$1,370
3 BR
$1,750
4 BR+
$2,020
Research median
$1,370/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
$14,760/yr
At $1,230/mo median
Location
StateNC
CountyGuilford County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.6% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 27406 (Greensboro, NC) is majority owner-occupied, has a median income below the national average, 29.8% of residents hold a bachelor's degree or higher.

Population
60,651
Median income
$59,563
Median age
36.4
Renters
44.4%
Age distribution
23.8%
24.2%
25.4%
16%
Under 1823.8%
18–3424.2%
35–5425.4%
55–6410.6%
65+16%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
27.7%
54.8%
13.1%
White27.7%
Black54.8%
Hispanic13.1%
Asian1.5%
Other2.9%
Education (25+)
25.4%
33.9%
29.8%
No HS diploma10.9%
HS diploma25.4%
Some college33.9%
Bachelor's+29.8%
Housing tenure
55.6%
44.4%
Owner55.6%
Renter44.4%

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

2021 vs 2026

How ZIP 27406 in Greensboro, NC has changed in 5 years

Rent
$873 → $1,230
up 40.9%
Income
$48,184 → $59,563
up 23.6%
Population
62,882 → 60,651
down 3.5%
Renter share
44.9% → 44.4%
-0.5 pts
Bachelor's+
25.1% → 29.8%
+4.7 pts

Five years ago, renters in ZIP 27406 in Greensboro, NC paid around $873 a month. That figure now sits near $1,230, up 40.9% from the 2021 baseline. On the earnings side, the typical household in ZIP 27406 in Greensboro, NC now reports about $59,563, up from $48,184 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 27406 in Greensboro, NC losing about 2,231 residents over the five-year window, down 3.5% on net. Bachelor's-degree-or-higher attainment moved from 25.1% to 29.8% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 27406 in Greensboro, NC reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 27406

About renting in ZIP 27406

Last updated: July 20, 2026

ZIP code 27406 covers Greensboro, NC. The median rent here is $1,230/mo as of July 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,370/mo.

At 25% of local median household income ($59,563/yr), ZIP 27406 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27406?

As of July 20, 2026, the median monthly rent in ZIP 27406 (Greensboro, NC) is $1,230. This is based on aggregated data from public sources and community submissions.

How does ZIP 27406 rent compare to the US average?

ZIP 27406's median rent of $1,230/mo is $735 (37%) below the US national median of $1,965/mo.

How does ZIP 27406 compare to other ZIPs in North Carolina?

ZIP 27406 is among the more affordable ZIP codes in North Carolina, ranking #214 out of 227 ZIPs at $1,230/mo.

How much income do you need to rent in ZIP 27406?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,230/mo in ZIP 27406. The local median household income is $59,563/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27406?

Rent in ZIP 27406 has decreased 0.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 27406 an affordable place to rent?

ZIP 27406 is considered affordable for renters. At $1,230/mo, rent takes approximately 25% of the local median household income ($59,563/yr). The standard benchmark is 30%. ZIP 27406 falls comfortably within that range.

What percentage of ZIP 27406 residents rent vs. own?

According to Census data, approximately 44.4% of ZIP 27406 households are renters, while 55.6% are owner-occupied. ZIP 27406 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27406 compare to the rest of Greensboro?

ZIP 27406 is more affordable than Greensboro overall. At $1,230/mo, it's $185 below the Greensboro citywide median of $1,415/mo.

When was rent data for ZIP 27406 last updated?

Rent data for ZIP 27406 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,230/mo, rent takes ~25% of ZIP 27406's median household income ($59,563/yr). The standard benchmark is 30%.

ZIP 27406 25%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27406 (Greensboro, NC)

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