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ZIP Code · NC

ZIP 27407

Pop. 51,697·Guilford County·201st most expensive ZIP in North Carolina
Median rent (all units)
$1,335/mo
Year-over-Year
+0.7%
Month-over-Month
-4.2%
vs US Median
-$627
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27407 · $1,335
More affordable than 84% of US ZIP codes · National median $1,962/mo
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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

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Last updated: August 17, 2026

Annual cost
$16,020/yr
At $1,335/mo median
Location
StateNC
CountyGuilford County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.7% YoY, -4.2% 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 → $1,335
up 36.4%
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 36.4% since 2021, going from about $979 per month to roughly $1,335 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 22.3 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

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Local insights

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About renting in ZIP 27407

Last updated: August 17, 2026

ZIP code 27407 covers Greensboro, NC. The median rent here is $1,335/mo as of August 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,440/mo.

At 27% of local median household income ($59,427/yr), ZIP 27407 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27407?

As of August 17, 2026, the median monthly rent in ZIP 27407 (Greensboro, NC) is $1,335. 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 $1,335/mo is $627 (32%) below the US national median of $1,962/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 #201 out of 226 ZIPs at $1,335/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 $53,000/year (~$25/hour full-time) to afford the median rent of $1,335/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 0.7% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 27407 an affordable place to rent?

ZIP 27407 is considered affordable for renters. At $1,335/mo, rent takes approximately 27% 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 $1,335/mo, it's $56 below the Greensboro citywide median of $1,391/mo.

When was rent data for ZIP 27407 last updated?

Rent data for ZIP 27407 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,335/mo, rent takes ~27% of ZIP 27407's median household income ($59,427/yr). The standard benchmark is 30%.

ZIP 27407 27%Benchmark 30%
State income tax4.5%
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