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ZIP Code · NC

ZIP 27540

Pop. 47,771·Wake County·59th most expensive ZIP in North Carolina
Median rent (all units)
$1,858/mo
Year-over-Year
-1.6%
Month-over-Month
+0.9%
vs US Median
-$107
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27540 · $1,858
More expensive than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$1,920
2 BR
$2,110
3 BR
$2,650
4 BR+
$3,540
Research median
$2,110/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: July 20, 2026

Annual cost
$22,296/yr
At $1,858/mo median
Location
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 (-1.6% YoY, +0.9% MoM), not inventory.
Demographics

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.

Population
47,771
Median income
$128,989
Median age
36.8
Renters
19.4%
Age distribution
31.8%
14.9%
34.3%
Under 1831.8%
18–3414.9%
35–5434.3%
55–649.4%
65+9.6%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
73.7%
White73.7%
Black8.2%
Hispanic6.1%
Asian7.8%
Other4.2%
Education (25+)
21.7%
64.4%
No HS diploma4.6%
HS diploma9.3%
Some college21.7%
Bachelor's+64.4%
Housing tenure
80.6%
19.4%
Owner80.6%
Renter19.4%

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

2021 vs 2026

How ZIP 27540 in Holly Springs, NC has changed in 5 years

Rent
$1,441 → $1,858
up 28.9%
Income
$112,073 → $128,989
up 15.1%
Population
42,883 → 47,771
up 11.4%
Renter share
17.5% → 19.4%
+1.9 pts
Bachelor's+
57.9% → 64.4%
+6.5 pts
Median age
35.6 → 36.8
+1.2 yrs

The median rent in ZIP 27540 in Holly Springs, NC stood at $1,441 in 2021 and currently runs about $1,858, reflecting a 28.9% 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.

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Local insights

Tips for renters in ZIP 27540

About renting in ZIP 27540

Last updated: July 20, 2026

ZIP code 27540 covers Holly Springs, NC. The median rent here is $1,858/mo as of July 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,110/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 decreased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27540?

As of July 20, 2026, the median monthly rent in ZIP 27540 (Holly Springs, NC) is $1,858. This is based on aggregated data from public sources and community submissions.

How does ZIP 27540 rent compare to the US average?

ZIP 27540's median rent of $1,858/mo is $107 (5%) below the US national median of $1,965/mo.

How does ZIP 27540 compare to other ZIPs in North Carolina?

ZIP 27540 is one of the pricier ZIP codes in North Carolina, ranking #59 out of 227 ZIPs tracked at $1,858/mo.

How much income do you need to rent in ZIP 27540?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,858/mo in ZIP 27540. The local median household income is $128,989/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27540?

Rent in ZIP 27540 has decreased 1.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 27540 an affordable place to rent?

ZIP 27540 is considered very affordable for renters. At $1,858/mo, rent takes approximately 17% of the local median household income ($128,989/yr). The standard benchmark is 30%. ZIP 27540 falls comfortably within that range.

What percentage of ZIP 27540 residents rent vs. own?

According to Census data, approximately 19.4% of ZIP 27540 households are renters, while 80.6% are owner-occupied. ZIP 27540 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27540 compare to the rest of Holly Springs?

ZIP 27540 is more affordable than Holly Springs overall. At $1,858/mo, it's $45 below the Holly Springs citywide median of $1,903/mo.

When was rent data for ZIP 27540 last updated?

Rent data for ZIP 27540 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,858/mo, rent takes ~17% of ZIP 27540's median household income ($128,989/yr). The standard benchmark is 30%.

ZIP 27540 17%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27540 (Holly Springs, NC)

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