ZIP Code · NC

ZIP 28147

Part of Salisbury, NC

Pop. 25,812·Rowan County·220th most expensive ZIP in North Carolina

Median rent (all units)

$1,170/mo

Year-over-Year

+2.0%

Month-over-Month

+2.1%

vs US Median

-$762

Reported rents

Rising (Monthly)

Be the first to discuss 28147 rents ↓

Most AffordableMost Expensive

ZIP 28147 · $1,170

More affordable than 93% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$970

1 BR

$980

2 BR

$1,220

3 BR

$1,610

4 BR+

$2,050

Research median

$1,220/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 28147 is at its highest level since Zillow's records here began in March 2023.

Past year vs. the rest of North Carolina

Rent in ZIP 28147 changed +2.0% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($65,060) is $1,627 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,610); a 4-bedroom is $2,050.

Rank in Salisbury

1st cheapest of 3 ZIP codes in Salisbury.

From Zillow's monthly rent index (ZORI) for ZIP 28147. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,040/yr

At $1,170/mo median

Location

CitySalisbury

StateNC

CountyRowan County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 2.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+2.0% YoY, +2.1% MoM), not inventory.

Demographics

Who lives here

ZIP 28147 (Salisbury, NC) is majority owner-occupied, has a median income below the national average, 20.4% of residents hold a bachelor's degree or higher.

Population

25,812

Median income

$65,060

Median age

Renters

37.4%

Age distribution

21.8%

21.6%

26.5%

12.9%

17.2%

Under 1821.8%

18–3421.6%

35–5426.5%

55–6412.9%

65+17.2%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

63.2%

17.9%

18.9%

White63.2%

Black17.9%

Hispanic18.9%

Education (25+)

12.5%

36.6%

30.5%

20.4%

No HS diploma12.5%

HS diploma36.6%

Some college30.5%

Bachelor's+20.4%

Housing tenure

62.6%

37.4%

Owner62.6%

Renter37.4%

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

2023 vs 2026

How ZIP 28147 in Salisbury, NC has changed in 5 years

Rent

$1,112 → $1,170

up 5.2%

Income

$54,068 → $65,060

up 20.3%

Population

24,648 → 25,812

up 4.7%

Renter share

34.3% → 37.4%

+3.1 pts

Bachelor's+

18.4% → 20.4%

+2.0 pts

The median rent in ZIP 28147 in Salisbury, NC stood at $1,112 in 2023 and currently runs about $1,170, reflecting a 5.2% increase over the period. Census figures show median household income at $65,060 today, compared with $54,068 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 4.7% since 2021, moving from about 24,648 residents to roughly 25,812. Renters now make up 37.4% of households, compared with 34.3% five years ago. College-educated residents now make up 20.4% of adults here, versus 18.4% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about ZIP 28147

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 28147

About renting in ZIP 28147

Last updated: October 17, 2026

ZIP code 28147 covers Salisbury, NC. The median rent here is $1,170/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,220/mo.

At 22% of local median household income ($65,060/yr), ZIP 28147 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28147?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,170/mo in ZIP 28147. The local median household income is $65,060/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28147?

Rent in ZIP 28147 has risen 2.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2023.

How does ZIP 28147 compare to other ZIPs in North Carolina?

ZIP 28147 is one of the more affordable among North Carolina ZIP codes for rent, ranking #220 of 230 at $1,170/mo. Over the year to September 2026, rent in ZIP 28147 changed +2.0%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.