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ZIP Code · NC

ZIP 28115

Pop. 43,544·Iredell County·41st most expensive ZIP in North Carolina
Median rent (all units)
$1,975/mo
Year-over-Year
+5.0%
Month-over-Month
+4.8%
vs US Median
+$13
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28115 · $1,975
More expensive than 59% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,250
2 BR
$1,370
3 BR
$1,850
4 BR+
$2,310
Research median
$1,370/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: August 17, 2026

Annual cost
$23,700/yr
At $1,975/mo median
Location
StateNC
CountyIredell County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.0% YoY, +4.8% MoM), not inventory.
Demographics

Who lives here

ZIP 28115 (Mooresville, NC) is majority owner-occupied, has a large share of families with children, 38.2% of residents hold a bachelor's degree or higher.

Population
43,544
Median income
$87,787
Median age
39
Renters
25.6%
Age distribution
25.7%
19.2%
28.8%
14.3%
Under 1825.7%
18–3419.2%
35–5428.8%
55–6412%
65+14.3%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
74.8%
White74.8%
Black10.9%
Hispanic7.3%
Asian3.6%
Other3.5%
Education (25+)
25.3%
30.4%
38.2%
No HS diploma6.1%
HS diploma25.3%
Some college30.4%
Bachelor's+38.2%
Housing tenure
74.4%
25.6%
Owner74.4%
Renter25.6%

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

2021 vs 2026

How ZIP 28115 in Mooresville, NC has changed in 5 years

Rent
$1,512 → $1,975
up 30.6%
Income
$72,332 → $87,787
up 21.4%
Population
41,633 → 43,544
up 4.6%
Renter share
27.6% → 25.6%
-2.0 pts
Bachelor's+
33.3% → 38.2%
+4.9 pts
Median age
38.4 → 39
+0.6 yrs

Rent in ZIP 28115 in Mooresville, NC has increased 30.6% since 2021, going from about $1,512 per month to roughly $1,975 today. Household income in the area moved from $72,332 to $87,787 across the same window, up 21.4% versus 2021. Rent outpaced income growth by roughly 9.2 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 41,633 to 43,544 between 2021 and 2024, a 4.6% change. About 25.6% of households rent today, against 27.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 33.3% to 38.2%. Reading these numbers side by side helps frame whether current listings in ZIP 28115 in Mooresville, NC look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 28115

Last updated: August 17, 2026

ZIP code 28115 covers Mooresville, NC. The median rent here is $1,975/mo as of August 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,370/mo.

At 27% of local median household income ($87,787/yr), ZIP 28115 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28115?

As of August 17, 2026, the median monthly rent in ZIP 28115 (Mooresville, NC) is $1,975. This is based on aggregated data from public sources and community submissions.

How does ZIP 28115 rent compare to the US average?

ZIP 28115's median rent of $1,975/mo is $13 (1%) above the US national median of $1,962/mo.

How does ZIP 28115 compare to other ZIPs in North Carolina?

ZIP 28115 is one of the pricier ZIP codes in North Carolina, ranking #41 out of 226 ZIPs tracked at $1,975/mo.

How much income do you need to rent in ZIP 28115?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,975/mo in ZIP 28115. The local median household income is $87,787/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 28115?

Rent in ZIP 28115 has increased 5.0% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 28115 an affordable place to rent?

ZIP 28115 is considered affordable for renters. At $1,975/mo, rent takes approximately 27% of the local median household income ($87,787/yr). The standard benchmark is 30%. ZIP 28115 falls comfortably within that range.

What percentage of ZIP 28115 residents rent vs. own?

According to Census data, approximately 25.6% of ZIP 28115 households are renters, while 74.4% are owner-occupied. ZIP 28115 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28115 compare to the rest of Mooresville?

ZIP 28115 is pricier than Mooresville as a whole. At $1,975/mo, it's $359 above the Mooresville citywide median of $1,616/mo.

When was rent data for ZIP 28115 last updated?

Rent data for ZIP 28115 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,975/mo, rent takes ~27% of ZIP 28115's median household income ($87,787/yr). The standard benchmark is 30%.

ZIP 28115 27%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28115 (Mooresville, NC)

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