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ZIP Code · NC

ZIP 28173

Part of Waxhaw, NC
Pop. 65,274·Union County·1st most expensive ZIP in North Carolina
Median rent (all units)
$2,620/mo
Year-over-Year
+13.9%
Month-over-Month
+7.7%
vs US Median
+$658
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28173 · $2,620
More expensive than 82% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,730
1 BR
$1,820
2 BR
$1,990
3 BR
$2,450
4 BR+
$3,110
Research median
$1,990/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
$31,440/yr
At $2,620/mo median
Location
CityWaxhaw
StateNC
CountyUnion County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.9% YoY, +7.7% MoM), not inventory.
Demographics

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.

Population
65,274
Median income
$150,597
Median age
41.2
Renters
10%
Age distribution
28.9%
14.8%
33.2%
12.2%
Under 1828.9%
18–3414.8%
35–5433.2%
55–6412.2%
65+10.9%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
73.5%
White73.5%
Black8.3%
Hispanic7.8%
Asian8.1%
Other2.3%
Education (25+)
14.6%
22.8%
58.2%
No HS diploma4.4%
HS diploma14.6%
Some college22.8%
Bachelor's+58.2%
Housing tenure
90%
Owner90%
Renter10%

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

2021 vs 2026

How ZIP 28173 in Waxhaw, NC has changed in 5 years

Rent
$1,848 → $2,620
up 41.8%
Income
$135,541 → $150,597
up 11.1%
Population
60,070 → 65,274
up 8.7%
Renter share
10.8% → 10%
-0.8 pts
Bachelor's+
58.1% → 58.2%
+0.1 pts
Median age
40.6 → 41.2
+0.6 yrs

Since 2021, the typical rent in ZIP 28173 in Waxhaw, NC has climbed from $1,848 to $2,620, a 41.8% 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.

Community

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Local insights

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About renting in ZIP 28173

Last updated: August 17, 2026

ZIP code 28173 covers Waxhaw, NC. The median rent here is $2,620/mo as of August 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 13.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28173?

As of August 17, 2026, the median monthly rent in ZIP 28173 (Waxhaw, NC) is $2,620. This is based on aggregated data from public sources and community submissions.

How does ZIP 28173 rent compare to the US average?

ZIP 28173's median rent of $2,620/mo is $658 (34%) above the US national median of $1,962/mo.

How does ZIP 28173 compare to other ZIPs in North Carolina?

ZIP 28173 is one of the pricier ZIP codes in North Carolina, ranking #1 out of 226 ZIPs tracked at $2,620/mo.

How much income do you need to rent in ZIP 28173?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (~$50/hour full-time) to afford the median rent of $2,620/mo in ZIP 28173. The local median household income is $150,597/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 28173?

Rent in ZIP 28173 has increased 13.9% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 28173 an affordable place to rent?

ZIP 28173 is considered very affordable for renters. At $2,620/mo, rent takes approximately 21% of the local median household income ($150,597/yr). The standard benchmark is 30%. ZIP 28173 falls comfortably within that range.

What percentage of ZIP 28173 residents rent vs. own?

According to Census data, approximately 10% of ZIP 28173 households are renters, while 90% are owner-occupied. ZIP 28173 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28173 compare to the rest of Waxhaw?

ZIP 28173 is pricier than Waxhaw as a whole. At $2,620/mo, it's $13 above the Waxhaw citywide median of $2,607/mo.

When was rent data for ZIP 28173 last updated?

Rent data for ZIP 28173 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,620/mo, rent takes ~21% of ZIP 28173's median household income ($150,597/yr). The standard benchmark is 30%.

ZIP 28173 21%Benchmark 30%
State income tax4.5%
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