ZIP 28110
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 28110 usually run 0.9% below trend in January and 0.9% above it in August, about $36 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 28110 is at its highest level since Zillow's records here began in May 2015.
Rent in ZIP 28110 changed +3.0% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in ZIP 28110 rose 42.4% while median household income rose 34% ($62,279 to $83,480). Rent outpaced income.
Rent in ZIP 28110 is 49.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($83,480) is $2,087 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,910); a 4-bedroom is $2,420.
From Zillow's monthly rent index (ZORI) for ZIP 28110. 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.
Who lives here
ZIP 28110 (Monroe, NC) is majority owner-occupied, has a large share of families with children, 25.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 28110 in Monroe, NC has changed in 5 years
Rent in ZIP 28110 in Monroe, NC has increased 34.7% since 2021, going from about $1,469 per month to roughly $1,979 today. Median household income grew from $75,541 to $83,480 between 2021 and 2024, a 10.5% shift. Rent outpaced income growth by roughly 24.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 53,631 to 56,971 between 2021 and 2024, a 6.2% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 21.6% to 25.6%. Taken together, the five-year picture in ZIP 28110 in Monroe, 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.
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Tips for renters in ZIP 28110
Last updated: October 17, 2026
ZIP code 28110 covers Monroe, NC. The median rent here is $1,979/mo as of October 2026. A 1-bedroom rents for a median of $1,410/mo. A 2-bedroom rents for a median of $1,550/mo.
At 28% of local median household income ($83,480/yr), ZIP 28110 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.
Frequently asked questions
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How does ZIP 28110 compare to other ZIPs in North Carolina?
How does ZIP 28110 compare to the rest of Monroe?
At $1,979/mo, rent takes ~28% of ZIP 28110's median household income ($83,480/yr). The standard benchmark is 30%.
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