ZIP Code · NC

ZIP 27909

Part of Elizabeth City, NC

Pop. 40,869·Pasquotank County·174th most expensive ZIP in North Carolina

Median rent (all units)

$1,452/mo

Year-over-Year

+3.8%

Month-over-Month

+1.6%

vs US Median

-$480

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 27909 · $1,452

More affordable than 76% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$900

1 BR

$910

2 BR

$1,190

3 BR

$1,600

4 BR+

$1,860

Research median

$1,190/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 27909 is at its highest level since Zillow's records here began in December 2022.

Past year vs. the rest of North Carolina

Rent in ZIP 27909 changed +3.8% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($66,732) is $1,668 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,600); a 4-bedroom is $1,860.

From Zillow's monthly rent index (ZORI) for ZIP 27909. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,424/yr

At $1,452/mo median

Location

CityElizabeth City

StateNC

CountyPasquotank County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 3.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+3.8% YoY, +1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 27909 (Elizabeth City, NC) is majority owner-occupied, 27.6% of residents hold a bachelor's degree or higher.

Population

40,869

Median income

$66,732

Median age

39.7

Renters

32.5%

Age distribution

21.4%

23.4%

23.3%

13.3%

18.7%

Under 1821.4%

18–3423.4%

35–5423.3%

55–6413.3%

65+18.7%

Gender

48.2%

51.8%

Male48.2%

Female51.8%

Race & ethnicity

55.1%

34.7%

White55.1%

Black34.7%

Hispanic6%

Asian1.4%

Other2.8%

Education (25+)

26.7%

35.1%

27.6%

No HS diploma10.6%

HS diploma26.7%

Some college35.1%

Bachelor's+27.6%

Housing tenure

67.5%

32.5%

Owner67.5%

Renter32.5%

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

2023 vs 2026

How ZIP 27909 in Elizabeth City, NC has changed in 5 years

Rent

$1,244 → $1,452

up 16.7%

Income

$56,583 → $66,732

up 17.9%

Population

40,284 → 40,869

up 1.5%

Renter share

36.8% → 32.5%

-4.3 pts

Bachelor's+

25.7% → 27.6%

+1.9 pts

Median age

39 → 39.7

+0.7 yrs

The median rent in ZIP 27909 in Elizabeth City, NC stood at $1,244 in 2023 and currently runs about $1,452, reflecting a 16.7% increase over the period. Local incomes tracked alongside that move, going from a median of $56,583 in 2021 to $66,732 more recently. The population has grown by 1.5% since 2021, moving from about 40,284 residents to roughly 40,869. Renters now make up 32.5% of households, compared with 36.8% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 27909 in Elizabeth City, NC market of 2023.

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About renting in ZIP 27909

Last updated: October 17, 2026

ZIP code 27909 covers Elizabeth City, NC. The median rent here is $1,452/mo as of October 2026. A 1-bedroom rents for a median of $910/mo. A 2-bedroom rents for a median of $1,190/mo.

At 26% of local median household income ($66,732/yr), ZIP 27909 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27909?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,452/mo in ZIP 27909. The local median household income is $66,732/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27909?

Rent in ZIP 27909 has risen 3.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2022.

How does ZIP 27909 compare to other ZIPs in North Carolina?

ZIP 27909 is one of the more affordable among North Carolina ZIP codes for rent, ranking #174 of 230 at $1,452/mo. Over the year to September 2026, rent in ZIP 27909 changed +3.8%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.