ZIP Code · NC

ZIP 27863

Part of Pikeville, NC

Pop. 13,729·Wayne County·118th most expensive ZIP in North Carolina

Median rent (all units)

$1,625/mo

Year-over-Year

Stable

Month-over-Month

+20.4%

vs US Median

-$307

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 27863 · $1,625

More affordable than 62% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,170

1 BR

$1,190

2 BR

$1,350

3 BR

$1,660

4 BR+

$2,200

Research median

$1,350/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: June 22, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($77,933) is $1,948 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,660); a 4-bedroom is $2,200.

Cheaper nearby

ZIP 27530, 9 miles away, rents for 19% less ($1,316/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27863. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,500/yr

At $1,625/mo median

Location

CityPikeville

StateNC

CountyWayne County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +20.4% MoM), not inventory.

Demographics

Who lives here

ZIP 27863 (Pikeville, NC) is majority owner-occupied, has a large share of families with children, 18% of residents hold a bachelor's degree or higher.

Population

13,729

Median income

$77,933

Median age

35.4

Renters

22.4%

Age distribution

25.7%

23.3%

23.7%

14.6%

12.7%

Under 1825.7%

18–3423.3%

35–5423.7%

55–6414.6%

65+12.7%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

72.7%

16.5%

White72.7%

Black16.5%

Hispanic6.1%

Other4.5%

Education (25+)

27.5%

44.8%

18%

No HS diploma9.7%

HS diploma27.5%

Some college44.8%

Bachelor's+18%

Housing tenure

77.6%

22.4%

Owner77.6%

Renter22.4%

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

2021 vs 2026

How ZIP 27863 in Pikeville, NC has changed in 5 years

Income

$74,225 → $77,933

up 5.0%

Population

12,676 → 13,729

up 8.3%

Renter share

19.8% → 22.4%

+2.6 pts

Bachelor's+

17.9% → 18%

+0.1 pts

Median age

36.4 → 35.4

-1.0 yrs

Census figures show median household income at $77,933 today, compared with $74,225 five years earlier. Headcount in the area went from 12,676 to 13,729 between 2021 and 2024, a 8.3% change. About 22.4% of households rent today, against 19.8% in 2021.

Community

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Local insights

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About renting in ZIP 27863

Last updated: June 22, 2026

ZIP code 27863 covers Pikeville, NC. The median rent here is $1,625/mo as of June 2026. A 1-bedroom rents for a median of $1,190/mo. A 2-bedroom rents for a median of $1,350/mo.

At 25% of local median household income ($77,933/yr), ZIP 27863 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27863?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,625/mo in ZIP 27863. The local median household income is $77,933/yr, so the typical household meets that bar.