ZIP Code · NC

ZIP 27529

Part of Garner, NC
Pop. 55,242·Wake County·62nd most expensive ZIP in North Carolina
Median rent (all units)
$1,831/mo
Year-over-Year
+0.8%
Month-over-Month
+0.2%
vs US Median
-$101
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 27529 · $1,831
More expensive than 51% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,510
2 BR
$1,660
3 BR
$2,080
4 BR+
$2,780
Research median
$1,660/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

January. Asking rents in ZIP 27529 usually run 1% below trend in January and 0.7% above it in August, about $31 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 27529 is at its highest level since Zillow's records here began in November 2016.

Past year vs. the rest of North Carolina

Rent in ZIP 27529 changed +0.8% 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 27529 rose 38.3% while median household income rose 32% ($64,929 to $85,716). Rent outpaced income.

Since before the pandemic

Rent in ZIP 27529 is 39.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

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 ($85,716) is $2,143 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,080); a 4-bedroom is $2,780.

Cheaper nearby

ZIP 27606, 9 miles away, rents for 19% less ($1,478/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27529. 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
$21,972/yr
At $1,831/mo median
Location
CityGarner
StateNC
CountyWake County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.8% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 27529 (Garner, NC) is majority owner-occupied, 40.1% of residents hold a bachelor's degree or higher.

Population
55,242
Median income
$85,716
Median age
39.3
Renters
28.9%
Age distribution
20.3%
24.4%
28%
12.6%
14.8%
Under 1820.3%
18–3424.4%
35–5428%
55–6412.6%
65+14.8%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
56.7%
22.8%
15.2%
White56.7%
Black22.8%
Hispanic15.2%
Asian2.2%
Other3.1%
Education (25+)
21%
31.5%
40.1%
No HS diploma7.4%
HS diploma21%
Some college31.5%
Bachelor's+40.1%
Housing tenure
71.1%
28.9%
Owner71.1%
Renter28.9%

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

2021 vs 2026

How ZIP 27529 in Garner, NC has changed in 5 years

Rent
$1,478 → $1,831
up 23.9%
Income
$72,757 → $85,716
up 17.8%
Population
52,306 → 55,242
up 5.6%
Renter share
28.8% → 28.9%
+0.1 pts
Bachelor's+
37% → 40.1%
+3.1 pts
Median age
37.9 → 39.3
+1.4 yrs

Rent in ZIP 27529 in Garner, NC has climbed 23.9% since 2021, going from about $1,478 per month to roughly $1,831 today. Household income in the area moved from $72,757 to $85,716 across the same window, up 17.8% versus 2021. Rent outpaced income growth by roughly 6.1 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 52,306 to 55,242 between 2021 and 2024, a 5.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 37% to 40.1%. Reading these numbers side by side helps frame whether current listings in ZIP 27529 in Garner, NC look reasonable against where the market sat half a decade ago.

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About renting in ZIP 27529

Last updated: October 17, 2026

ZIP code 27529 covers Garner, NC. The median rent here is $1,831/mo as of October 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,660/mo.

At 26% of local median household income ($85,716/yr), ZIP 27529 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27529?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,831/mo in ZIP 27529. The local median household income is $85,716/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27529?

Rent in ZIP 27529 has risen 0.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2016.

When is the cheapest time to rent in ZIP 27529?

Asking rents in ZIP 27529 are usually lowest in January, about 1% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 27529?

Yes. From 2019 to 2024, rent in ZIP 27529 rose 38.3% while median household income rose 32%, from $64,929 to $85,716. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 27529 compare to other ZIPs in North Carolina?

ZIP 27529 is one of the pricier among North Carolina ZIP codes for rent, ranking #62 of 230 at $1,831/mo. Over the year to September 2026, rent in ZIP 27529 changed +0.8%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27529 compare to the rest of Garner?

At $1,831/mo, ZIP 27529 is $22 below the Garner citywide median of $1,853/mo.
Income Affordability
26%
AFFORDABLE

At $1,831/mo, rent takes ~26% of ZIP 27529's median household income ($85,716/yr). The standard benchmark is 30%.

ZIP 27529 26%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27529 (Garner, NC)

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