ZIP Code · NC

ZIP 27545

Pop. 34,163·Wake County·102nd most expensive ZIP in North Carolina
Median rent (all units)
$1,696/mo
Year-over-Year
+2.6%
Month-over-Month
+0.9%
vs US Median
-$236
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27545 · $1,696
More affordable than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,560
1 BR
$1,630
2 BR
$1,790
3 BR
$2,250
4 BR+
$3,000
Research median
$1,790/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

February. Asking rents in ZIP 27545 usually run 1.3% below trend in February and 0.9% above it in June, about $37 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 27545 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of North Carolina

Rent in ZIP 27545 changed +2.6% 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 8 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($91,527) is $2,288 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,250); a 4-bedroom is $3,000.

Cheaper nearby

ZIP 27609, 10 miles away, rents for 19% less ($1,381/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27545. 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
$20,352/yr
At $1,696/mo median
Location
StateNC
CountyWake County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 27545 (Knightdale, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 40.2% of residents hold a bachelor's degree or higher.

Population
34,163
Median income
$91,527
Median age
33.8
Renters
29.5%
Age distribution
28.9%
22.1%
29.4%
Under 1828.9%
18–3422.1%
35–5429.4%
55–649.7%
65+9.9%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
33.8%
37.8%
21.5%
White33.8%
Black37.8%
Hispanic21.5%
Asian4.2%
Other2.6%
Education (25+)
20%
29%
40.2%
No HS diploma10.8%
HS diploma20%
Some college29%
Bachelor's+40.2%
Housing tenure
70.5%
29.5%
Owner70.5%
Renter29.5%

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

2021 vs 2026

How ZIP 27545 in Knightdale, NC has changed in 5 years

Rent
$1,282 → $1,696
up 32.3%
Income
$70,452 → $91,527
up 29.9%
Population
32,171 → 34,163
up 6.2%
Renter share
26.3% → 29.5%
+3.2 pts
Bachelor's+
35.5% → 40.2%
+4.7 pts
Median age
36 → 33.8
-2.2 yrs

Across the past five years, the going rent in ZIP 27545 in Knightdale, NC has shifted from $1,282 to $1,696, up 32.3% since 2021. On the earnings side, the typical household in ZIP 27545 in Knightdale, NC now reports about $91,527, up from $70,452 in 2021. Census counts show ZIP 27545 in Knightdale, NC adding about 1,992 residents over the five-year window, up 6.2% on net. The renter share has risen from 26.3% to 29.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 35.5% to 40.2% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 27545 in Knightdale, NC reflects that arc in its own way.

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About renting in ZIP 27545

Last updated: October 17, 2026

ZIP code 27545 covers Knightdale, NC. The median rent here is $1,696/mo as of October 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,790/mo.

At 22% of local median household income ($91,527/yr), ZIP 27545 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27545?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,696/mo in ZIP 27545. The local median household income is $91,527/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27545?

Rent in ZIP 27545 has risen 2.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 27545?

Asking rents in ZIP 27545 are usually lowest in February, about 1.3% below their yearly trend, and highest in June, about 0.9% above it. At today's median that is a gap of roughly $37 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 27545 compare to other ZIPs in North Carolina?

ZIP 27545 is in the middle among North Carolina ZIP codes for rent, ranking #102 of 230 at $1,696/mo. Over the year to September 2026, rent in ZIP 27545 changed +2.6%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27545 compare to the rest of Knightdale?

At $1,696/mo, ZIP 27545 is $2 below the Knightdale citywide median of $1,698/mo.
Income Affordability
22%
VERY AFFORDABLE

At $1,696/mo, rent takes ~22% of ZIP 27545's median household income ($91,527/yr). The standard benchmark is 30%.

ZIP 27545 22%Benchmark 30%
State income tax4.5%
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Public schools near ZIP 27545 (Knightdale, NC)

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