ZIP 28115
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 28115 usually run 1.1% below trend in January and 0.7% above it in September, about $35 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 28115 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 28115 changed +2.5% 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 28115 rose 45.1% while median household income rose 37.5% ($63,828 to $87,787). Rent outpaced income.
Rent in ZIP 28115 is 48.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($87,787) is $2,195 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,850); a 4-bedroom is $2,310.
ZIP 28117, 7 miles away, rents for 20% less ($1,584/mo), about $4,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 28115. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 28115 in Mooresville, NC has changed in 5 years
Rent in ZIP 28115 in Mooresville, NC has increased 32.9% since 2021, going from about $1,481 per month to roughly $1,968 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 11.5 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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Tips for renters in ZIP 28115
Last updated: October 17, 2026
ZIP code 28115 covers Mooresville, NC. The median rent here is $1,968/mo as of October 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 2.5% over the past year.
Frequently asked questions
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How does ZIP 28115 compare to other ZIPs in North Carolina?
How does ZIP 28115 compare to the rest of Mooresville?
At $1,968/mo, rent takes ~27% of ZIP 28115's median household income ($87,787/yr). The standard benchmark is 30%.
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