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ZIP Code · NC

ZIP 28206

Pop. 15,375·Mecklenburg County·154th most expensive ZIP in North Carolina
Median rent (all units)
$1,538/mo
Year-over-Year
-2.7%
Month-over-Month
+0.5%
vs US Median
-$427
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28206 · $1,538
More affordable than 71% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,280
1 BR
$1,340
2 BR
$1,470
3 BR
$1,810
4 BR+
$2,300
Research median
$1,470/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
$18,456/yr
At $1,538/mo median
Location
StateNC
CountyMecklenburg County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-2.7% YoY, +0.5% MoM), not inventory.
Demographics

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.

Population
15,375
Median income
$61,818
Median age
33.1
Renters
67.1%
Age distribution
20.7%
34.6%
27.6%
Under 1820.7%
18–3434.6%
35–5427.6%
55–648.8%
65+8.3%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
19%
61.2%
16.6%
White19%
Black61.2%
Hispanic16.6%
Asian2%
Other1.2%
Education (25+)
16.2%
20.3%
29.6%
33.9%
No HS diploma16.2%
HS diploma20.3%
Some college29.6%
Bachelor's+33.9%
Housing tenure
32.9%
67.1%
Owner32.9%
Renter67.1%

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

2021 vs 2026

How ZIP 28206 in Charlotte, NC has changed in 5 years

Rent
$1,247 → $1,538
up 23.3%
Income
$37,299 → $61,818
up 65.7%
Population
12,812 → 15,375
up 20.0%
Renter share
66.9% → 67.1%
+0.2 pts
Bachelor's+
24.5% → 33.9%
+9.4 pts
Median age
34.5 → 33.1
-1.4 yrs

Rent in ZIP 28206 in Charlotte, NC has climbed 23.3% since 2021, going from about $1,247 per month to roughly $1,538 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 42.4 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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Local insights

Tips for renters in ZIP 28206

About renting in ZIP 28206

Last updated: July 20, 2026

ZIP code 28206 covers Charlotte, NC. The median rent here is $1,538/mo as of July 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,470/mo.

At 30% of local median household income ($61,818/yr), ZIP 28206 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28206?

As of July 20, 2026, the median monthly rent in ZIP 28206 (Charlotte, NC) is $1,538. This is based on aggregated data from public sources and community submissions.

How does ZIP 28206 rent compare to the US average?

ZIP 28206's median rent of $1,538/mo is $427 (22%) below the US national median of $1,965/mo.

How does ZIP 28206 compare to other ZIPs in North Carolina?

ZIP 28206 is among the more affordable ZIP codes in North Carolina, ranking #154 out of 227 ZIPs at $1,538/mo.

How much income do you need to rent in ZIP 28206?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,538/mo in ZIP 28206. The local median household income is $61,818/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 28206?

Rent in ZIP 28206 has decreased 2.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 28206 an affordable place to rent?

ZIP 28206 is considered moderate for renters. At $1,538/mo, rent takes approximately 30% of the local median household income ($61,818/yr). The standard benchmark is 30%. ZIP 28206 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 28206 residents rent vs. own?

According to Census data, approximately 67.1% of ZIP 28206 households are renters, while 32.9% are owner-occupied. With a majority renter population, ZIP 28206 has a strong rental market.

How does ZIP 28206 compare to the rest of Charlotte?

ZIP 28206 is more affordable than Charlotte overall. At $1,538/mo, it's $208 below the Charlotte citywide median of $1,746/mo.

When was rent data for ZIP 28206 last updated?

Rent data for ZIP 28206 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,538/mo, rent takes ~30% of ZIP 28206's median household income ($61,818/yr). The standard benchmark is 30%.

ZIP 28206 30%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28206 (Charlotte, NC)

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