ZIP 27540
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
May. Asking rents in ZIP 27540 usually run 0.6% below trend in May and 0.5% above it in December, about $20 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 27540 is at its highest level since Zillow's records here began in December 2018.
Rent in ZIP 27540 changed +2.4% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in ZIP 27540 rose 32.1% while median household income rose 17.9% ($109,404 to $128,989). Rent outpaced income.
Rent in ZIP 27540 is 37.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 6 of the last 12 months.
30% of the median household income ($128,989) is $3,225 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,650); a 4-bedroom is $3,540.
From Zillow's monthly rent index (ZORI) for ZIP 27540. 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.
Who lives here
ZIP 27540 (Holly Springs, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 64.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 27540 in Holly Springs, NC has changed in 5 years
The median rent in ZIP 27540 in Holly Springs, NC stood at $1,428 in 2021 and currently runs about $1,816, reflecting a 27.2% increase over the period. Local incomes tracked alongside that move, going from a median of $112,073 in 2021 to $128,989 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 11.4% since 2021, moving from about 42,883 residents to roughly 47,771. Renters now make up 19.4% of households, compared with 17.5% five years ago. College-educated residents now make up 64.4% of adults here, versus 57.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 27540 in Holly Springs, NC market of 2021.
Discussions about ZIP 27540
No discussions yet. Start the conversation.
Tips for renters in ZIP 27540
Last updated: October 17, 2026
ZIP code 27540 covers Holly Springs, NC. The median rent here is $1,816/mo as of October 2026. A 1-bedroom rents for a median of $1,501/mo. A 2-bedroom rents for a median of $1,649/mo.
At 17% of local median household income ($128,989/yr), ZIP 27540 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 27540?
Is rent going up or down in ZIP 27540?
When is the cheapest time to rent in ZIP 27540?
Has rent outpaced income in ZIP 27540?
How does ZIP 27540 compare to other ZIPs in North Carolina?
How does ZIP 27540 compare to the rest of Holly Springs?
At $1,816/mo, rent takes ~17% of ZIP 27540's median household income ($128,989/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.