ZIP 28206
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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
December. Asking rents in ZIP 28206 usually run 0.9% below trend in December and 0.6% above it in August, about $24 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 28206 is 2.8% below its high of $1,618 in April 2025, at $1,573 as of September 2026.
Rent in ZIP 28206 changed -0.2% 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 28206 rose 37.1% while median household income rose 91.8% ($32,232 to $61,818). Income kept ahead of rent.
Rent in ZIP 28206 is 28.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($61,818) is $1,545 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,470); a 3-bedroom is $1,810.
6th cheapest of 23 ZIP codes in Charlotte.
ZIP 28212, 6 miles away, rents for 15% less ($1,340/mo), about $2,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 28206. 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 28206 (Charlotte, NC) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 33.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 28206 in Charlotte, NC has changed in 5 years
Rent in ZIP 28206 in Charlotte, NC has climbed 23.9% since 2021, going from about $1,270 per month to roughly $1,573 today. Household income in the area moved from $37,299 to $61,818 across the same window, up 65.7% versus 2021. Income growth outran rent by about 41.8 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 12,812 to 15,375 between 2021 and 2024, a 20.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24.5% to 33.9%. Reading these numbers side by side helps frame whether current listings in ZIP 28206 in Charlotte, NC look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 28206
Last updated: October 17, 2026
ZIP code 28206 covers Charlotte, NC. The median rent here is $1,573/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,470/mo.
At 31% of local median household income ($61,818/yr), ZIP 28206 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.
Frequently asked questions
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How does ZIP 28206 compare to the rest of Charlotte?
At $1,573/mo, rent takes ~31% of ZIP 28206's median household income ($61,818/yr). The standard benchmark is 30%.
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