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ZIP Code · NC

ZIP 27560

Pop. 40,792·Wake County·91st most expensive ZIP in North Carolina
Median rent (all units)
$1,737/mo
Year-over-Year
+9.4%
Month-over-Month
+1.9%
vs US Median
-$228
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27560 · $1,737
More affordable than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,373
1 BR
$1,437
2 BR
$1,587
3 BR
$1,985
4 BR+
$2,604
Research median
$1,587/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
$20,844/yr
At $1,737/mo median
Location
StateNC
CountyWake County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.4% YoY, +1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 27560 (Morrisville, NC) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 72.5% of residents hold a bachelor's degree or higher.

Population
40,792
Median income
$118,417
Median age
34.3
Renters
58.9%
Age distribution
21.3%
30.3%
32.3%
Under 1821.3%
18–3430.3%
35–5432.3%
55–649.6%
65+6.5%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
39%
14.3%
38.1%
White39%
Black14.3%
Hispanic3.9%
Asian38.1%
Other4.6%
Education (25+)
16.7%
72.5%
No HS diploma3.9%
HS diploma7%
Some college16.7%
Bachelor's+72.5%
Housing tenure
41.1%
58.9%
Owner41.1%
Renter58.9%

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

2021 vs 2026

How ZIP 27560 in Morrisville, NC has changed in 5 years

Rent
$1,382 → $1,737
up 25.7%
Income
$101,850 → $118,417
up 16.3%
Population
36,804 → 40,792
up 10.8%
Renter share
53.6% → 58.9%
+5.3 pts
Bachelor's+
69.9% → 72.5%
+2.6 pts
Median age
33.7 → 34.3
+0.6 yrs

The median rent in ZIP 27560 in Morrisville, NC stood at $1,382 in 2021 and currently runs about $1,737, reflecting a 25.7% increase over the period. Local incomes tracked alongside that move, going from a median of $101,850 in 2021 to $118,417 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 10.8% since 2021, moving from about 36,804 residents to roughly 40,792. Renters now make up 58.9% of households, compared with 53.6% five years ago. College-educated residents now make up 72.5% of adults here, versus 69.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 27560 in Morrisville, NC market of 2021.

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Local insights

Tips for renters in ZIP 27560

About renting in ZIP 27560

Last updated: July 20, 2026

ZIP code 27560 covers Morrisville, NC. The median rent here is $1,737/mo as of July 2026. A 1-bedroom rents for a median of $1,437/mo. A 2-bedroom rents for a median of $1,587/mo.

At 18% of local median household income ($118,417/yr), ZIP 27560 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27560?

As of July 20, 2026, the median monthly rent in ZIP 27560 (Morrisville, NC) is $1,737. This is based on aggregated data from public sources and community submissions.

How does ZIP 27560 rent compare to the US average?

ZIP 27560's median rent of $1,737/mo is $228 (12%) below the US national median of $1,965/mo.

How does ZIP 27560 compare to other ZIPs in North Carolina?

ZIP 27560 falls in the middle range for North Carolina, ranking #91 out of 227 ZIPs at $1,737/mo.

How much income do you need to rent in ZIP 27560?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,737/mo in ZIP 27560. The local median household income is $118,417/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27560?

Rent in ZIP 27560 has increased 9.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27560 an affordable place to rent?

ZIP 27560 is considered very affordable for renters. At $1,737/mo, rent takes approximately 18% of the local median household income ($118,417/yr). The standard benchmark is 30%. ZIP 27560 falls comfortably within that range.

What percentage of ZIP 27560 residents rent vs. own?

According to Census data, approximately 58.9% of ZIP 27560 households are renters, while 41.1% are owner-occupied. With a majority renter population, ZIP 27560 has a strong rental market.

How does ZIP 27560 compare to the rest of Morrisville?

ZIP 27560 is pricier than Morrisville as a whole. At $1,737/mo, it's $23 above the Morrisville citywide median of $1,714/mo.

When was rent data for ZIP 27560 last updated?

Rent data for ZIP 27560 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,737/mo, rent takes ~18% of ZIP 27560's median household income ($118,417/yr). The standard benchmark is 30%.

ZIP 27560 18%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27560 (Morrisville, NC)

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