RentDataNowRentDataNow
ZIP Code · NC

ZIP 27407

Pop. 51,697·Guilford County·189th most expensive ZIP in North Carolina
Median rent (all units)
$1,393/mo
Year-over-Year
+5.5%
Month-over-Month
-0.3%
vs US Median
-$572
Stable (Monthly)
Be the first to discuss 27407 rents ↓
Most AffordableMost Expensive
ZIP 27407 · $1,393
More affordable than 81% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,310
2 BR
$1,440
3 BR
$1,840
4 BR+
$2,120
Research median
$1,440/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$16,716/yr
At $1,393/mo median
Location
StateNC
CountyGuilford County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.5% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 27407 (Greensboro, NC) is roughly split between renters and owners, has a median income below the national average, 34.7% of residents hold a bachelor's degree or higher.

Population
51,697
Median income
$59,427
Median age
36.3
Renters
51.4%
Age distribution
20.8%
27.4%
25.1%
12.4%
14.3%
Under 1820.8%
18–3427.4%
35–5425.1%
55–6412.4%
65+14.3%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
34.7%
39.8%
White34.7%
Black39.8%
Hispanic11.6%
Asian11.9%
Other2.1%
Education (25+)
23%
30.5%
34.7%
No HS diploma11.8%
HS diploma23%
Some college30.5%
Bachelor's+34.7%
Housing tenure
48.6%
51.4%
Owner48.6%
Renter51.4%

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

2021 vs 2026

How ZIP 27407 in Greensboro, NC has changed in 5 years

Rent
$979 → $1,393
up 42.3%
Income
$52,075 → $59,427
up 14.1%
Population
52,745 → 51,697
down 2.0%
Renter share
52.6% → 51.4%
-1.2 pts
Bachelor's+
33.2% → 34.7%
+1.5 pts
Median age
35.8 → 36.3
+0.5 yrs

Rent in ZIP 27407 in Greensboro, NC has climbed 42.3% since 2021, going from about $979 per month to roughly $1,393 today. Household income in the area moved from $52,075 to $59,427 across the same window, up 14.1% versus 2021. Rent outpaced income growth by roughly 28.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 52,745 to 51,697 between 2021 and 2024, a 2.0% change. Reading these numbers side by side helps frame whether current listings in ZIP 27407 in Greensboro, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 27407

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 27407

About renting in ZIP 27407

Last updated: July 20, 2026

ZIP code 27407 covers Greensboro, NC. The median rent here is $1,393/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,440/mo.

At 28% of local median household income ($59,427/yr), ZIP 27407 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27407?

As of July 20, 2026, the median monthly rent in ZIP 27407 (Greensboro, NC) is $1,393. This is based on aggregated data from public sources and community submissions.

How does ZIP 27407 rent compare to the US average?

ZIP 27407's median rent of $1,393/mo is $572 (29%) below the US national median of $1,965/mo.

How does ZIP 27407 compare to other ZIPs in North Carolina?

ZIP 27407 is among the more affordable ZIP codes in North Carolina, ranking #189 out of 227 ZIPs at $1,393/mo.

How much income do you need to rent in ZIP 27407?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,393/mo in ZIP 27407. The local median household income is $59,427/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27407?

Rent in ZIP 27407 has increased 5.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27407 an affordable place to rent?

ZIP 27407 is considered affordable for renters. At $1,393/mo, rent takes approximately 28% of the local median household income ($59,427/yr). The standard benchmark is 30%. ZIP 27407 falls comfortably within that range.

What percentage of ZIP 27407 residents rent vs. own?

According to Census data, approximately 51.4% of ZIP 27407 households are renters, while 48.6% are owner-occupied. With a majority renter population, ZIP 27407 has a strong rental market.

How does ZIP 27407 compare to the rest of Greensboro?

ZIP 27407 is more affordable than Greensboro overall. At $1,393/mo, it's $22 below the Greensboro citywide median of $1,415/mo.

When was rent data for ZIP 27407 last updated?

Rent data for ZIP 27407 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,393/mo, rent takes ~28% of ZIP 27407's median household income ($59,427/yr). The standard benchmark is 30%.

ZIP 27407 28%Benchmark 30%
State income tax4.5%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 27407 (Greensboro, NC)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.