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ZIP Code · NC

ZIP 27408

Pop. 16,519·Guilford County·181st most expensive ZIP in North Carolina
Median rent (all units)
$1,424/mo
Year-over-Year
+8.9%
Month-over-Month
-2.7%
vs US Median
-$538
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27408 · $1,424
More affordable than 79% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,280
2 BR
$1,400
3 BR
$1,790
4 BR+
$2,060
Research median
$1,400/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
$17,088/yr
At $1,424/mo median
Location
StateNC
CountyGuilford County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (8.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+8.9% YoY, -2.7% MoM), not inventory.
Demographics

Who lives here

ZIP 27408 (Greensboro, NC) is majority owner-occupied, has a large retiree population, 64.5% of residents hold a bachelor's degree or higher.

Population
16,519
Median income
$83,862
Median age
45.4
Renters
26.1%
Age distribution
20.5%
15.7%
27.4%
12.5%
23.8%
Under 1820.5%
18–3415.7%
35–5427.4%
55–6412.5%
65+23.8%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
84.1%
White84.1%
Black7%
Hispanic3.6%
Asian1.8%
Other3.5%
Education (25+)
22%
64.5%
No HS diploma3.3%
HS diploma10.3%
Some college22%
Bachelor's+64.5%
Housing tenure
73.9%
26.1%
Owner73.9%
Renter26.1%

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

2021 vs 2026

How ZIP 27408 in Greensboro, NC has changed in 5 years

Rent
$1,040 → $1,424
up 36.9%
Income
$78,271 → $83,862
up 7.1%
Population
16,930 → 16,519
down 2.4%
Renter share
29.8% → 26.1%
-3.7 pts
Bachelor's+
61.8% → 64.5%
+2.7 pts
Median age
43.9 → 45.4
+1.5 yrs

Compared with 2021, rent in ZIP 27408 in Greensboro, NC has climbed by $384 per month, settling near $1,424 after starting the period at $1,040. Median household income grew from $78,271 to $83,862 between 2021 and 2024, a 7.1% shift. Rent outpaced income growth by roughly 29.8 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 16,930 to 16,519 between 2021 and 2024, a 2.4% change. About 26.1% of households rent today, against 29.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 61.8% to 64.5%. Taken together, the five-year picture in ZIP 27408 in Greensboro, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 27408

Last updated: August 17, 2026

ZIP code 27408 covers Greensboro, NC. The median rent here is $1,424/mo as of August 2026. A 1-bedroom rents for a median of $1,280/mo. A 2-bedroom rents for a median of $1,400/mo.

At 20% of local median household income ($83,862/yr), ZIP 27408 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27408?

As of August 17, 2026, the median monthly rent in ZIP 27408 (Greensboro, NC) is $1,424. This is based on aggregated data from public sources and community submissions.

How does ZIP 27408 rent compare to the US average?

ZIP 27408's median rent of $1,424/mo is $538 (27%) below the US national median of $1,962/mo.

How does ZIP 27408 compare to other ZIPs in North Carolina?

ZIP 27408 is among the more affordable ZIP codes in North Carolina, ranking #181 out of 226 ZIPs at $1,424/mo.

How much income do you need to rent in ZIP 27408?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,424/mo in ZIP 27408. The local median household income is $83,862/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27408?

Rent in ZIP 27408 has increased 8.9% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 27408 an affordable place to rent?

ZIP 27408 is considered very affordable for renters. At $1,424/mo, rent takes approximately 20% of the local median household income ($83,862/yr). The standard benchmark is 30%. ZIP 27408 falls comfortably within that range.

What percentage of ZIP 27408 residents rent vs. own?

According to Census data, approximately 26.1% of ZIP 27408 households are renters, while 73.9% are owner-occupied. ZIP 27408 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27408 compare to the rest of Greensboro?

ZIP 27408 is pricier than Greensboro as a whole. At $1,424/mo, it's $33 above the Greensboro citywide median of $1,391/mo.

When was rent data for ZIP 27408 last updated?

Rent data for ZIP 27408 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,424/mo, rent takes ~20% of ZIP 27408's median household income ($83,862/yr). The standard benchmark is 30%.

ZIP 27408 20%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27408 (Greensboro, NC)

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