ZIP 28173
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12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in ZIP 28173 usually run 0.7% below trend in November and 0.7% above it in July, about $37 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 28173 is at its highest level since Zillow's records here began in February 2016.
Rent in ZIP 28173 changed +5.9% 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 28173 rose 38.5% while median household income rose 19.9% ($125,591 to $150,597). Rent outpaced income.
Rent in ZIP 28173 is 48.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 8 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($150,597) is $3,765 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,110).
ZIP 29707, 8 miles away, rents for 34% less ($1,739/mo), about $10,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 28173. 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 28173 (Waxhaw, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 58.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 28173 in Waxhaw, NC has changed in 5 years
Since 2021, the typical rent in ZIP 28173 in Waxhaw, NC has climbed from $1,987 to $2,637, a 32.7% change over five years. On the earnings side, the typical household in ZIP 28173 in Waxhaw, NC now reports about $150,597, up from $135,541 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 8.7% since 2021, moving from about 60,070 residents to roughly 65,274. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 28173 in Waxhaw, NC reflects that arc in its own way.
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Tips for renters in ZIP 28173
Last updated: October 17, 2026
ZIP code 28173 covers Waxhaw, NC. The median rent here is $2,637/mo as of October 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $1,990/mo.
At 21% of local median household income ($150,597/yr), ZIP 28173 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.9% over the past year.
Frequently asked questions
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How does ZIP 28173 compare to the rest of Waxhaw?
At $2,637/mo, rent takes ~21% of ZIP 28173's median household income ($150,597/yr). The standard benchmark is 30%.
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