RentDataNowRentDataNow
ZIP Code · NC

ZIP 27704

Part of Durham, NC
Pop. 40,102·Durham County·80th most expensive ZIP in North Carolina
Median rent (all units)
$1,775/mo
Year-over-Year
+8.3%
Month-over-Month
+0.6%
vs US Median
-$190
Rising (Monthly)
Be the first to discuss 27704 rents ↓
Most AffordableMost Expensive
ZIP 27704 · $1,775
More affordable than 53% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,480
2 BR
$1,690
3 BR
$2,110
4 BR+
$2,530
Research median
$1,690/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$21,300/yr
At $1,775/mo median
Location
CityDurham
StateNC
CountyDurham County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 27704 (Durham, NC) is majority owner-occupied, 34.2% of residents hold a bachelor's degree or higher.

Population
40,102
Median income
$69,668
Median age
38.5
Renters
39.3%
Age distribution
21.6%
24.2%
29.1%
13.6%
Under 1821.6%
18–3424.2%
35–5429.1%
55–6411.4%
65+13.6%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
24.5%
46.2%
22.7%
White24.5%
Black46.2%
Hispanic22.7%
Asian2.8%
Other3.9%
Education (25+)
13.8%
22.1%
29.9%
34.2%
No HS diploma13.8%
HS diploma22.1%
Some college29.9%
Bachelor's+34.2%
Housing tenure
60.7%
39.3%
Owner60.7%
Renter39.3%

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

2021 vs 2026

How ZIP 27704 in Durham, NC has changed in 5 years

Rent
$1,321 → $1,775
up 34.4%
Income
$53,831 → $69,668
up 29.4%
Population
41,315 → 40,102
down 2.9%
Renter share
43.3% → 39.3%
-4.0 pts
Bachelor's+
29.8% → 34.2%
+4.4 pts
Median age
35.7 → 38.5
+2.8 yrs

Since 2021, the typical rent in ZIP 27704 in Durham, NC has increased from $1,321 to $1,775, a 34.4% change over five years. On the earnings side, the typical household in ZIP 27704 in Durham, NC now reports about $69,668, up from $53,831 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.9% since 2021, moving from about 41,315 residents to roughly 40,102. Renters now make up 39.3% of households, compared with 43.3% five years ago. College-educated residents now make up 34.2% of adults here, versus 29.8% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 27704 in Durham, NC reflects that arc in its own way.

Community

Discussions about ZIP 27704

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 27704

About renting in ZIP 27704

Last updated: July 20, 2026

ZIP code 27704 covers Durham, NC. The median rent here is $1,775/mo as of July 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,690/mo.

At 31% of local median household income ($69,668/yr), ZIP 27704 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27704?

As of July 20, 2026, the median monthly rent in ZIP 27704 (Durham, NC) is $1,775. This is based on aggregated data from public sources and community submissions.

How does ZIP 27704 rent compare to the US average?

ZIP 27704's median rent of $1,775/mo is $190 (10%) below the US national median of $1,965/mo.

How does ZIP 27704 compare to other ZIPs in North Carolina?

ZIP 27704 falls in the middle range for North Carolina, ranking #80 out of 227 ZIPs at $1,775/mo.

How much income do you need to rent in ZIP 27704?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,775/mo in ZIP 27704. The local median household income is $69,668/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 27704?

Rent in ZIP 27704 has increased 8.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27704 an affordable place to rent?

ZIP 27704 is considered moderate for renters. At $1,775/mo, rent takes approximately 31% of the local median household income ($69,668/yr). The standard benchmark is 30%. ZIP 27704 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 27704 residents rent vs. own?

According to Census data, approximately 39.3% of ZIP 27704 households are renters, while 60.7% are owner-occupied. ZIP 27704 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27704 compare to the rest of Durham?

ZIP 27704 is pricier than Durham as a whole. At $1,775/mo, it's $75 above the Durham citywide median of $1,700/mo.

When was rent data for ZIP 27704 last updated?

Rent data for ZIP 27704 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,775/mo, rent takes ~31% of ZIP 27704's median household income ($69,668/yr). The standard benchmark is 30%.

ZIP 27704 31%Benchmark 30%
State income tax4.5%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 27704 (Durham, NC)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.