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ZIP Code · NC

ZIP 27703

Part of Durham, NC
Pop. 63,458·Durham County·45th most expensive ZIP in North Carolina
Median rent (all units)
$1,915/mo
Year-over-Year
+8.8%
Month-over-Month
-0.2%
vs US Median
-$50
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 27703 · $1,915
More expensive than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,540
2 BR
$1,750
3 BR
$2,160
4 BR+
$2,550
Research median
$1,750/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
$22,980/yr
At $1,915/mo median
Location
CityDurham
StateNC
CountyDurham County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.8% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 27703 (Durham, NC) is majority owner-occupied, 47.4% of residents hold a bachelor's degree or higher.

Population
63,458
Median income
$89,317
Median age
36.5
Renters
34%
Age distribution
21.7%
25.1%
26.2%
12.8%
14.2%
Under 1821.7%
18–3425.1%
35–5426.2%
55–6412.8%
65+14.2%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
32%
39.3%
21.4%
White32%
Black39.3%
Hispanic21.4%
Asian5.1%
Other2.2%
Education (25+)
18.3%
23.4%
47.4%
No HS diploma10.9%
HS diploma18.3%
Some college23.4%
Bachelor's+47.4%
Housing tenure
66%
34%
Owner66%
Renter34%

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

2021 vs 2026

How ZIP 27703 in Durham, NC has changed in 5 years

Rent
$1,458 → $1,915
up 31.3%
Income
$73,550 → $89,317
up 21.4%
Population
58,962 → 63,458
up 7.6%
Renter share
35.8% → 34%
-1.8 pts
Bachelor's+
41.6% → 47.4%
+5.8 pts
Median age
35.7 → 36.5
+0.8 yrs

Across the past five years, the going rent in ZIP 27703 in Durham, NC has shifted from $1,458 to $1,915, up 31.3% 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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Local insights

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About renting in ZIP 27703

Last updated: July 20, 2026

ZIP code 27703 covers Durham, NC. The median rent here is $1,915/mo as of July 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,750/mo.

At 26% of local median household income ($89,317/yr), ZIP 27703 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27703?

As of July 20, 2026, the median monthly rent in ZIP 27703 (Durham, NC) is $1,915. This is based on aggregated data from public sources and community submissions.

How does ZIP 27703 rent compare to the US average?

ZIP 27703's median rent of $1,915/mo is $50 (3%) below the US national median of $1,965/mo.

How does ZIP 27703 compare to other ZIPs in North Carolina?

ZIP 27703 is one of the pricier ZIP codes in North Carolina, ranking #45 out of 227 ZIPs tracked at $1,915/mo.

How much income do you need to rent in ZIP 27703?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,915/mo in ZIP 27703. The local median household income is $89,317/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27703?

Rent in ZIP 27703 has increased 8.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27703 an affordable place to rent?

ZIP 27703 is considered affordable for renters. At $1,915/mo, rent takes approximately 26% of the local median household income ($89,317/yr). The standard benchmark is 30%. ZIP 27703 falls comfortably within that range.

What percentage of ZIP 27703 residents rent vs. own?

According to Census data, approximately 34% of ZIP 27703 households are renters, while 66% are owner-occupied. ZIP 27703 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27703 compare to the rest of Durham?

ZIP 27703 is pricier than Durham as a whole. At $1,915/mo, it's $215 above the Durham citywide median of $1,700/mo.

When was rent data for ZIP 27703 last updated?

Rent data for ZIP 27703 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,915/mo, rent takes ~26% of ZIP 27703's median household income ($89,317/yr). The standard benchmark is 30%.

ZIP 27703 26%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27703 (Durham, NC)

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