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ZIP Code · NC

ZIP 28166

Part of Troutman, NC
Pop. 11,875·Iredell County·11th most expensive ZIP in North Carolina
Median rent (all units)
$2,165/mo
Year-over-Year
+3.0%
Month-over-Month
+3.0%
vs US Median
+$200
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28166 · $2,165
More expensive than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,360
2 BR
$1,490
3 BR
$2,010
4 BR+
$2,500
Research median
$1,490/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
$25,980/yr
At $2,165/mo median
Location
StateNC
CountyIredell County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.0% YoY, +3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 28166 (Troutman, NC) is majority owner-occupied, has a median income above the national average, 27.4% of residents hold a bachelor's degree or higher.

Population
11,875
Median income
$93,511
Median age
39.1
Renters
16.2%
Age distribution
21.6%
21.8%
26.9%
13.9%
15.9%
Under 1821.6%
18–3421.8%
35–5426.9%
55–6413.9%
65+15.9%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
79.7%
15.5%
White79.7%
Black15.5%
Hispanic4.6%
Asian1.1%
Education (25+)
27.5%
37.8%
27.4%
No HS diploma7.3%
HS diploma27.5%
Some college37.8%
Bachelor's+27.4%
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 28166 in Troutman, NC has changed in 5 years

Income
$73,269 → $93,511
up 27.6%
Population
10,536 → 11,875
up 12.7%
Renter share
18.7% → 16.2%
-2.5 pts
Bachelor's+
25.5% → 27.4%
+1.9 pts

Household income in the area moved from $73,269 to $93,511 across the same window, up 27.6% versus 2021. Headcount in the area went from 10,536 to 11,875 between 2021 and 2024, a 12.7% change. About 16.2% of households rent today, against 18.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 28166

About renting in ZIP 28166

Last updated: July 20, 2026

ZIP code 28166 covers Troutman, NC. The median rent here is $2,165/mo as of July 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,490/mo.

At 28% of local median household income ($93,511/yr), ZIP 28166 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28166?

As of July 20, 2026, the median monthly rent in ZIP 28166 (Troutman, NC) is $2,165. This is based on aggregated data from public sources and community submissions.

How does ZIP 28166 rent compare to the US average?

ZIP 28166's median rent of $2,165/mo is $200 (10%) above the US national median of $1,965/mo.

How does ZIP 28166 compare to other ZIPs in North Carolina?

ZIP 28166 is one of the pricier ZIP codes in North Carolina, ranking #11 out of 227 ZIPs tracked at $2,165/mo.

How much income do you need to rent in ZIP 28166?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,165/mo in ZIP 28166. The local median household income is $93,511/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 28166?

Rent in ZIP 28166 has increased 3.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 28166 an affordable place to rent?

ZIP 28166 is considered affordable for renters. At $2,165/mo, rent takes approximately 28% of the local median household income ($93,511/yr). The standard benchmark is 30%. ZIP 28166 falls comfortably within that range.

What percentage of ZIP 28166 residents rent vs. own?

According to Census data, approximately 16.2% of ZIP 28166 households are renters, while 83.8% are owner-occupied. ZIP 28166 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28166 compare to the rest of Troutman?

ZIP 28166 is pricier than Troutman as a whole. At $2,165/mo, it's $257 above the Troutman citywide median of $1,908/mo.

When was rent data for ZIP 28166 last updated?

Rent data for ZIP 28166 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,165/mo, rent takes ~28% of ZIP 28166's median household income ($93,511/yr). The standard benchmark is 30%.

ZIP 28166 28%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28166 (Troutman, NC)

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