ZIP Code · NC

ZIP 27409

Pop. 17,551·Guilford County·179th most expensive ZIP in North Carolina
Median rent (all units)
$1,428/mo
Year-over-Year
+1.4%
Month-over-Month
+0.3%
vs US Median
-$504
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 27409 · $1,428
More affordable than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,290
2 BR
$1,410
3 BR
$1,810
4 BR+
$2,080
Research median
$1,410/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 27409 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of North Carolina

Rent in ZIP 27409 changed +1.3% 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 ($60,281) is $1,507 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,410); a 3-bedroom is $1,810.

Rank in Greensboro

7th cheapest of 9 ZIP codes in Greensboro.

From Zillow's monthly rent index (ZORI) for ZIP 27409. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,136/yr
At $1,428/mo median
Location
StateNC
CountyGuilford County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.4% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 27409 (Greensboro, NC) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 43.3% of residents hold a bachelor's degree or higher.

Population
17,551
Median income
$60,281
Median age
34.7
Renters
68.9%
Age distribution
18.9%
31.4%
25.1%
13.2%
Under 1818.9%
18–3431.4%
35–5425.1%
55–6411.5%
65+13.2%
Gender
45.2%
54.8%
Male45.2%
Female54.8%
Race & ethnicity
40%
43.5%
White40%
Black43.5%
Hispanic4.8%
Asian2.5%
Other9.2%
Education (25+)
15.3%
37.6%
43.3%
No HS diploma3.8%
HS diploma15.3%
Some college37.6%
Bachelor's+43.3%
Housing tenure
31.1%
68.9%
Owner31.1%
Renter68.9%

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

2022 vs 2026

How ZIP 27409 in Greensboro, NC has changed in 5 years

Rent
$1,250 → $1,428
up 14.2%
Income
$52,028 → $60,281
up 15.9%
Population
16,131 → 17,551
up 8.8%
Renter share
64.3% → 68.9%
+4.6 pts
Bachelor's+
38.5% → 43.3%
+4.8 pts
Median age
37.4 → 34.7
-2.7 yrs

Across the past five years, the going rent in ZIP 27409 in Greensboro, NC has shifted from $1,250 to $1,428, up 14.2% since 2022. Census figures show median household income at $60,281 today, compared with $52,028 five years earlier. Census counts show ZIP 27409 in Greensboro, NC adding about 1,420 residents over the five-year window, up 8.8% on net. The renter share has risen from 64.3% to 68.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 38.5% to 43.3% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 27409

Last updated: October 17, 2026

ZIP code 27409 covers Greensboro, NC. The median rent here is $1,428/mo as of October 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,410/mo.

At 28% of local median household income ($60,281/yr), ZIP 27409 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27409?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,428/mo in ZIP 27409. The local median household income is $60,281/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27409?

Rent in ZIP 27409 has risen 1.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 27409 compare to other ZIPs in North Carolina?

ZIP 27409 is one of the more affordable among North Carolina ZIP codes for rent, ranking #179 of 230 at $1,428/mo. Over the year to September 2026, rent in ZIP 27409 changed +1.3%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27409 compare to the rest of Greensboro?

At $1,428/mo, ZIP 27409 is $33 above the Greensboro citywide median of $1,395/mo. It is the 7th cheapest of 9 ZIP codes in Greensboro.
Income Affordability
28%
AFFORDABLE

At $1,428/mo, rent takes ~28% of ZIP 27409's median household income ($60,281/yr). The standard benchmark is 30%.

ZIP 27409 28%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27409 (Greensboro, NC)

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