ZIP 27703
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 27703 usually run 1.3% below trend in December and 1.2% above it in June, about $45 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 27703 is 0% below its high of $1,805 in August 2026, at $1,805 as of September 2026.
Rent in ZIP 27703 changed +1.9% 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 27703 rose 36.1% while median household income rose 40.3% ($63,679 to $89,317). Income kept ahead of rent.
Rent in ZIP 27703 is 34% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
30% of the median household income ($89,317) is $2,233 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,160); a 4-bedroom is $2,550.
6th cheapest of 6 ZIP codes in Durham.
ZIP 27617, 4 miles away, rents for 15% less ($1,538/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 27703. 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 27703 (Durham, NC) is majority owner-occupied, 47.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 27703 in Durham, NC has changed in 5 years
Across the past five years, the going rent in ZIP 27703 in Durham, NC has shifted from $1,423 to $1,805, up 26.8% since 2021. Household income in the area moved from $73,550 to $89,317 across the same window, up 21.4% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 27703 in Durham, NC adding about 4,496 residents over the five-year window, up 7.6% on net. The renter share has eased from 35.8% to 34%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 41.6% to 47.4% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 27703 in Durham, NC look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 27703
Last updated: October 17, 2026
ZIP code 27703 covers Durham, NC. The median rent here is $1,805/mo as of October 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,750/mo.
At 24% of local median household income ($89,317/yr), ZIP 27703 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.
Frequently asked questions
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How does ZIP 27703 compare to the rest of Durham?
At $1,805/mo, rent takes ~24% of ZIP 27703's median household income ($89,317/yr). The standard benchmark is 30%.
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