ZIP Code · NC

ZIP 28025

Part of Concord, NC
Pop. 58,334·Cabarrus County·59th most expensive ZIP in North Carolina
Median rent (all units)
$1,835/mo
Year-over-Year
+1.8%
Month-over-Month
+0.2%
vs US Median
-$97
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 28025 · $1,835
More expensive than 51% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,310
2 BR
$1,440
3 BR
$1,770
4 BR+
$2,250
Research median
$1,440/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

Cheapest month to sign

January. Asking rents in ZIP 28025 usually run 1.4% below trend in January and 1.4% above it in August, about $51 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 28025 is 0.2% below its high of $1,839 in November 2025, at $1,835 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 28025 changed +1.8% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 28025 rose 45.4% while median household income rose 43.5% ($55,443 to $79,545). Rent outpaced income.

Since before the pandemic

Rent in ZIP 28025 is 49.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,545) is $1,989 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,770); a 4-bedroom is $2,250.

Cheaper nearby

ZIP 28083, 8 miles away, rents for 17% less ($1,532/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 28025. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,020/yr
At $1,835/mo median
Location
StateNC
CountyCabarrus County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.8% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 28025 (Concord, NC) is majority owner-occupied, 31.6% of residents hold a bachelor's degree or higher.

Population
58,334
Median income
$79,545
Median age
36.6
Renters
30.9%
Age distribution
24.9%
22.8%
25.9%
12.4%
14%
Under 1824.9%
18–3422.8%
35–5425.9%
55–6412.4%
65+14%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
59.6%
21.3%
15.7%
White59.6%
Black21.3%
Hispanic15.7%
Asian1.2%
Other2.2%
Education (25+)
29.2%
30.1%
31.6%
No HS diploma9%
HS diploma29.2%
Some college30.1%
Bachelor's+31.6%
Housing tenure
69.1%
30.9%
Owner69.1%
Renter30.9%

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

2021 vs 2026

How ZIP 28025 in Concord, NC has changed in 5 years

Rent
$1,367 → $1,835
up 34.2%
Income
$62,468 → $79,545
up 27.3%
Population
55,265 → 58,334
up 5.6%
Renter share
29.5% → 30.9%
+1.4 pts
Bachelor's+
28.5% → 31.6%
+3.1 pts
Median age
39.2 → 36.6
-2.6 yrs

Since 2021, the typical rent in ZIP 28025 in Concord, NC has climbed from $1,367 to $1,835, a 34.2% change over five years. Median household income rose from $62,468 to $79,545 between 2021 and 2024, a 27.3% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 5.6% since 2021, moving from about 55,265 residents to roughly 58,334. College-educated residents now make up 31.6% of adults here, versus 28.5% in 2021. Taken together, the five-year picture in ZIP 28025 in Concord, 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.

Community

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Local insights

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About renting in ZIP 28025

Last updated: October 17, 2026

ZIP code 28025 covers Concord, NC. The median rent here is $1,835/mo as of October 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,440/mo.

At 28% of local median household income ($79,545/yr), ZIP 28025 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28025?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,835/mo in ZIP 28025. The local median household income is $79,545/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28025?

Rent in ZIP 28025 has risen 1.8% over the past year as of September 2026. It sits 0.2% below its high of $1,839 in November 2025.

When is the cheapest time to rent in ZIP 28025?

Asking rents in ZIP 28025 are usually lowest in January, about 1.4% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $51 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 28025?

Yes. From 2019 to 2024, rent in ZIP 28025 rose 45.4% while median household income rose 43.5%, from $55,443 to $79,545. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 28025 compare to other ZIPs in North Carolina?

ZIP 28025 is one of the pricier among North Carolina ZIP codes for rent, ranking #59 of 230 at $1,835/mo. Over the year to September 2026, rent in ZIP 28025 changed +1.8%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 28025 compare to the rest of Concord?

At $1,835/mo, ZIP 28025 is $51 above the Concord citywide median of $1,784/mo.
Income Affordability
28%
AFFORDABLE

At $1,835/mo, rent takes ~28% of ZIP 28025's median household income ($79,545/yr). The standard benchmark is 30%.

ZIP 28025 28%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28025 (Concord, NC)

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