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ZIP Code · NC

ZIP 28037

Part of Denver, NC
Pop. 28,768·Lincoln County·75th most expensive ZIP in North Carolina
Median rent (all units)
$1,788/mo
Year-over-Year
+6.8%
Month-over-Month
Stable
vs US Median
-$177
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 28037 · $1,788
More affordable than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,130
2 BR
$1,250
3 BR
$1,720
4 BR+
$2,080
Research median
$1,250/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
$21,456/yr
At $1,788/mo median
Location
CityDenver
StateNC
CountyLincoln County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.8% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 28037 (Denver, NC) is majority owner-occupied, has a large retiree population, has a median income above the national average, 46.3% of residents hold a bachelor's degree or higher.

Population
28,768
Median income
$111,703
Median age
45.9
Renters
16.2%
Age distribution
19.4%
15.9%
27.9%
16.5%
20.3%
Under 1819.4%
18–3415.9%
35–5427.9%
55–6416.5%
65+20.3%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
89.3%
White89.3%
Black2.8%
Hispanic3.8%
Asian0.8%
Other3.3%
Education (25+)
18.8%
31.1%
46.3%
No HS diploma3.7%
HS diploma18.8%
Some college31.1%
Bachelor's+46.3%
Housing tenure
83.8%
16.2%
Owner83.8%
Renter16.2%

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

2021 vs 2026

How ZIP 28037 in Denver, NC has changed in 5 years

Income
$93,431 → $111,703
up 19.6%
Population
22,995 → 28,768
up 25.1%
Renter share
16.6% → 16.2%
-0.4 pts
Bachelor's+
41.8% → 46.3%
+4.5 pts
Median age
46.5 → 45.9
-0.6 yrs

Household income in the area moved from $93,431 to $111,703 across the same window, up 19.6% versus 2021. The population has grown by 25.1% since 2021, moving from about 22,995 residents to roughly 28,768. College-educated residents now make up 46.3% of adults here, versus 41.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 28037

About renting in ZIP 28037

Last updated: July 20, 2026

ZIP code 28037 covers Denver, NC. The median rent here is $1,788/mo as of July 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,250/mo.

At 19% of local median household income ($111,703/yr), ZIP 28037 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28037?

As of July 20, 2026, the median monthly rent in ZIP 28037 (Denver, NC) is $1,788. This is based on aggregated data from public sources and community submissions.

How does ZIP 28037 rent compare to the US average?

ZIP 28037's median rent of $1,788/mo is $177 (9%) below the US national median of $1,965/mo.

How does ZIP 28037 compare to other ZIPs in North Carolina?

ZIP 28037 is one of the pricier ZIP codes in North Carolina, ranking #75 out of 227 ZIPs tracked at $1,788/mo.

How much income do you need to rent in ZIP 28037?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,788/mo in ZIP 28037. The local median household income is $111,703/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 28037?

Rent in ZIP 28037 has increased 6.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 28037 an affordable place to rent?

ZIP 28037 is considered very affordable for renters. At $1,788/mo, rent takes approximately 19% of the local median household income ($111,703/yr). The standard benchmark is 30%. ZIP 28037 falls comfortably within that range.

What percentage of ZIP 28037 residents rent vs. own?

According to Census data, approximately 16.2% of ZIP 28037 households are renters, while 83.8% are owner-occupied. ZIP 28037 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28037 compare to the rest of Denver?

ZIP 28037 sits right at the Denver citywide median of $1,788/mo.

When was rent data for ZIP 28037 last updated?

Rent data for ZIP 28037 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,788/mo, rent takes ~19% of ZIP 28037's median household income ($111,703/yr). The standard benchmark is 30%.

ZIP 28037 19%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28037 (Denver, NC)

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