ZIP Code · NC

ZIP 27705

Part of Durham, NC
Pop. 49,923·Durham County·93rd most expensive ZIP in North Carolina
Median rent (all units)
$1,722/mo
Year-over-Year
+2.0%
Month-over-Month
-3.1%
vs US Median
-$243
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27705 · $1,722
More affordable than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,500
2 BR
$1,700
3 BR
$2,110
4 BR+
$2,530
Research median
$1,700/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
$20,664/yr
At $1,722/mo median
Location
CityDurham
StateNC
CountyDurham County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 2.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+2.0% YoY, -3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 27705 (Durham, NC) is majority renter-occupied, skews toward younger working-age adults, 63.9% of residents hold a bachelor's degree or higher.

Population
49,923
Median income
$73,066
Median age
35.3
Renters
55.5%
Age distribution
19.1%
30.6%
23.1%
17%
Under 1819.1%
18–3430.6%
35–5423.1%
55–6410.3%
65+17%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
56.7%
18.2%
14.4%
White56.7%
Black18.2%
Hispanic14.4%
Asian7.9%
Other2.8%
Education (25+)
16.1%
63.9%
No HS diploma8.2%
HS diploma11.8%
Some college16.1%
Bachelor's+63.9%
Housing tenure
44.5%
55.5%
Owner44.5%
Renter55.5%

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

2021 vs 2026

How ZIP 27705 in Durham, NC has changed in 5 years

Rent
$1,324 → $1,722
up 30.1%
Income
$58,350 → $73,066
up 25.2%
Population
47,527 → 49,923
up 5.0%
Renter share
54.9% → 55.5%
+0.6 pts
Bachelor's+
60.6% → 63.9%
+3.3 pts
Median age
34.7 → 35.3
+0.6 yrs

Across the past five years, the going rent in ZIP 27705 in Durham, NC has shifted from $1,324 to $1,722, up 30.1% since 2021. Median household income climbed from $58,350 to $73,066 between 2021 and 2024, a 25.2% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 27705 in Durham, NC adding about 2,396 residents over the five-year window, up 5.0% on net. Bachelor's-degree-or-higher attainment moved from 60.6% to 63.9% across the same window. Taken together, the five-year picture in ZIP 27705 in Durham, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 27705

Last updated: July 20, 2026

ZIP code 27705 covers Durham, NC. The median rent here is $1,722/mo as of July 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,700/mo.

At 28% of local median household income ($73,066/yr), ZIP 27705 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27705?

As of July 20, 2026, the median monthly rent in ZIP 27705 (Durham, NC) is $1,722. This is based on aggregated data from public sources and community submissions.

How does ZIP 27705 rent compare to the US average?

ZIP 27705's median rent of $1,722/mo is $243 (12%) below the US national median of $1,965/mo.

How does ZIP 27705 compare to other ZIPs in North Carolina?

ZIP 27705 falls in the middle range for North Carolina, ranking #93 out of 227 ZIPs at $1,722/mo.

How much income do you need to rent in ZIP 27705?

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 $1,722/mo in ZIP 27705. The local median household income is $73,066/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27705?

Rent in ZIP 27705 has increased 2.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27705 an affordable place to rent?

ZIP 27705 is considered affordable for renters. At $1,722/mo, rent takes approximately 28% of the local median household income ($73,066/yr). The standard benchmark is 30%. ZIP 27705 falls comfortably within that range.

What percentage of ZIP 27705 residents rent vs. own?

According to Census data, approximately 55.5% of ZIP 27705 households are renters, while 44.5% are owner-occupied. With a majority renter population, ZIP 27705 has a strong rental market.

How does ZIP 27705 compare to the rest of Durham?

ZIP 27705 is pricier than Durham as a whole. At $1,722/mo, it's $22 above the Durham citywide median of $1,700/mo.

When was rent data for ZIP 27705 last updated?

Rent data for ZIP 27705 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,722/mo, rent takes ~28% of ZIP 27705's median household income ($73,066/yr). The standard benchmark is 30%.

ZIP 27705 28%Benchmark 30%
State income tax4.5%
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Public schools near ZIP 27705 (Durham, NC)

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