ZIP Code · NC

ZIP 27527

Part of Clayton, NC
Pop. 39,256·Johnston County·70th most expensive ZIP in North Carolina
Median rent (all units)
$1,797/mo
Year-over-Year
+1.4%
Month-over-Month
+0.7%
vs US Median
-$135
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27527 · $1,797
More affordable than 51% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,660
1 BR
$1,740
2 BR
$1,910
3 BR
$2,400
4 BR+
$3,200
Research median
$1,910/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

Cheapest month to sign

December. Asking rents in ZIP 27527 usually run 1.1% below trend in December and 0.8% above it in July, about $34 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 27527 is 0.3% below its high of $1,803 in April 2025, at $1,797 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 27527 changed +1.4% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 27527 rose 35.5% while median household income rose 26.9% ($90,625 to $115,035). Rent outpaced income.

Since before the pandemic

Rent in ZIP 27527 is 35.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($115,035) is $2,876 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,400); a 4-bedroom is $3,200.

From Zillow's monthly rent index (ZORI) for ZIP 27527. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,564/yr
At $1,797/mo median
Location
StateNC
CountyJohnston 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, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 27527 (Clayton, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 47% of residents hold a bachelor's degree or higher.

Population
39,256
Median income
$115,035
Median age
35.7
Renters
19.2%
Age distribution
29.6%
19.4%
29.6%
Under 1829.6%
18–3419.4%
35–5429.6%
55–6410.5%
65+10.9%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
63.5%
18%
14.1%
White63.5%
Black18%
Hispanic14.1%
Asian1%
Other3.4%
Education (25+)
17.6%
32.2%
47%
No HS diploma3.2%
HS diploma17.6%
Some college32.2%
Bachelor's+47%
Housing tenure
80.8%
19.2%
Owner80.8%
Renter19.2%

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

2021 vs 2026

How ZIP 27527 in Clayton, NC has changed in 5 years

Rent
$1,475 → $1,797
up 21.8%
Income
$93,460 → $115,035
up 23.1%
Population
30,923 → 39,256
up 26.9%
Renter share
16.2% → 19.2%
+3.0 pts
Bachelor's+
42.2% → 47%
+4.8 pts

Compared with 2021, rent in ZIP 27527 in Clayton, NC has climbed by $322 per month, settling near $1,797 after starting the period at $1,475. On the earnings side, the typical household in ZIP 27527 in Clayton, NC now reports about $115,035, up from $93,460 in 2021. Headcount in the area went from 30,923 to 39,256 between 2021 and 2024, a 26.9% change. About 19.2% of households rent today, against 16.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 42.2% to 47%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 27527 in Clayton, NC reflects that arc in its own way.

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About renting in ZIP 27527

Last updated: October 17, 2026

ZIP code 27527 covers Clayton, NC. The median rent here is $1,797/mo as of October 2026. A 1-bedroom rents for a median of $1,740/mo. A 2-bedroom rents for a median of $1,910/mo.

At 19% of local median household income ($115,035/yr), ZIP 27527 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 27527?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,797/mo in ZIP 27527. The local median household income is $115,035/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27527?

Rent in ZIP 27527 has risen 1.4% over the past year as of September 2026. It sits 0.3% below its high of $1,803 in April 2025.

When is the cheapest time to rent in ZIP 27527?

Asking rents in ZIP 27527 are usually lowest in December, about 1.1% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $34 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 27527?

Yes. From 2019 to 2024, rent in ZIP 27527 rose 35.5% while median household income rose 26.9%, from $90,625 to $115,035. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 27527 compare to other ZIPs in North Carolina?

ZIP 27527 is one of the pricier among North Carolina ZIP codes for rent, ranking #70 of 230 at $1,797/mo. Over the year to September 2026, rent in ZIP 27527 changed +1.4%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27527 compare to the rest of Clayton?

ZIP 27527 sits right at the Clayton citywide median of $1,797/mo.
Income Affordability
19%
VERY AFFORDABLE

At $1,797/mo, rent takes ~19% of ZIP 27527's median household income ($115,035/yr). The standard benchmark is 30%.

ZIP 27527 19%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27527 (Clayton, NC)

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