RentDataNowRentDataNow
ZIP Code · NC

ZIP 28023

Pop. 15,495·Rowan County·133rd most expensive ZIP in North Carolina
Median rent (all units)
$1,617/mo
Year-over-Year
Stable
Month-over-Month
+6.5%
vs US Median
-$348
Rising (Monthly)
Be the first to discuss 28023 rents ↓
Most AffordableMost Expensive
ZIP 28023 · $1,617
More affordable than 65% 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
$940
1 BR
$950
2 BR
$1,160
3 BR
$1,530
4 BR+
$1,950
Research median
$1,160/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
$19,404/yr
At $1,617/mo median
Location
StateNC
CountyRowan 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, +6.5% MoM), not inventory.
Demographics

Who lives here

ZIP 28023 (China Grove, NC) is majority owner-occupied, has a median income below the national average, 19.1% of residents hold a bachelor's degree or higher.

Population
15,495
Median income
$62,257
Median age
41.8
Renters
19.1%
Age distribution
19.9%
21.5%
26.5%
15.9%
16.2%
Under 1819.9%
18–3421.5%
35–5426.5%
55–6415.9%
65+16.2%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
73.7%
17.7%
White73.7%
Black4.9%
Hispanic17.7%
Other3.5%
Education (25+)
14.6%
29.8%
36.5%
19.1%
No HS diploma14.6%
HS diploma29.8%
Some college36.5%
Bachelor's+19.1%
Housing tenure
80.9%
19.1%
Owner80.9%
Renter19.1%

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

2021 vs 2026

How ZIP 28023 in China Grove, NC has changed in 5 years

Income
$49,945 → $62,257
up 24.7%
Population
15,927 → 15,495
down 2.7%
Renter share
22.6% → 19.1%
-3.5 pts
Bachelor's+
18.1% → 19.1%
+1.0 pts
Median age
38.6 → 41.8
+3.2 yrs

Household income in the area moved from $49,945 to $62,257 across the same window, up 24.7% versus 2021. The population has contracted by 2.7% since 2021, moving from about 15,927 residents to roughly 15,495. Renters now make up 19.1% of households, compared with 22.6% five years ago.

Community

Discussions about ZIP 28023

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 28023

About renting in ZIP 28023

Last updated: July 20, 2026

ZIP code 28023 covers China Grove, NC. The median rent here is $1,617/mo as of July 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,160/mo.

At 31% of local median household income ($62,257/yr), ZIP 28023 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28023?

As of July 20, 2026, the median monthly rent in ZIP 28023 (China Grove, NC) is $1,617. This is based on aggregated data from public sources and community submissions.

How does ZIP 28023 rent compare to the US average?

ZIP 28023's median rent of $1,617/mo is $348 (18%) below the US national median of $1,965/mo.

How does ZIP 28023 compare to other ZIPs in North Carolina?

ZIP 28023 falls in the middle range for North Carolina, ranking #133 out of 227 ZIPs at $1,617/mo.

How much income do you need to rent in ZIP 28023?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,617/mo in ZIP 28023. The local median household income is $62,257/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 28023?

Rent in ZIP 28023 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 28023 an affordable place to rent?

ZIP 28023 is considered moderate for renters. At $1,617/mo, rent takes approximately 31% of the local median household income ($62,257/yr). The standard benchmark is 30%. ZIP 28023 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 28023 residents rent vs. own?

According to Census data, approximately 19.1% of ZIP 28023 households are renters, while 80.9% are owner-occupied. ZIP 28023 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28023 compare to the rest of China Grove?

ZIP 28023 is more affordable than China Grove overall. At $1,617/mo, it's $23 below the China Grove citywide median of $1,640/mo.

When was rent data for ZIP 28023 last updated?

Rent data for ZIP 28023 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,617/mo, rent takes ~31% of ZIP 28023's median household income ($62,257/yr). The standard benchmark is 30%.

ZIP 28023 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 28023 (China Grove, NC)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.