ZIP Code · NC

ZIP 28227

Pop. 60,482·Mecklenburg County·103rd most expensive ZIP in North Carolina
Median rent (all units)
$1,695/mo
Year-over-Year
-0.2%
Month-over-Month
+0.1%
vs US Median
-$237
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 28227 · $1,695
More affordable than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,660
2 BR
$1,820
3 BR
$2,240
4 BR+
$2,850
Research median
$1,820/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 28227 usually run 0.9% below trend in January and 0.7% above it in May, about $27 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 28227 is 0.9% below its high of $1,711 in March 2026, at $1,695 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 28227 changed -0.2% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 28227 rose 45.4% while median household income rose 29.7% ($59,438 to $77,115). Rent outpaced income.

Since before the pandemic

Rent in ZIP 28227 is 44.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($77,115) is $1,928 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,820); a 3-bedroom is $2,240.

Cheaper nearby

ZIP 28212, 6 miles away, rents for 21% less ($1,340/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 28227. 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.

Annual cost
$20,340/yr
At $1,695/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 (-0.2% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 28227 (Mint Hill, NC) is majority owner-occupied, 31.5% of residents hold a bachelor's degree or higher.

Population
60,482
Median income
$77,115
Median age
39.6
Renters
29.8%
Age distribution
22.8%
21.3%
25.8%
14.5%
15.6%
Under 1822.8%
18–3421.3%
35–5425.8%
55–6414.5%
65+15.6%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
44.8%
29%
19.1%
White44.8%
Black29%
Hispanic19.1%
Asian5.4%
Other1.7%
Education (25+)
12.2%
22.9%
33.5%
31.5%
No HS diploma12.2%
HS diploma22.9%
Some college33.5%
Bachelor's+31.5%
Housing tenure
70.2%
29.8%
Owner70.2%
Renter29.8%

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

2021 vs 2026

How ZIP 28227 in Mint Hill, NC has changed in 5 years

Rent
$1,330 → $1,695
up 27.4%
Income
$65,198 → $77,115
up 18.3%
Population
58,524 → 60,482
up 3.3%
Renter share
31.3% → 29.8%
-1.5 pts
Bachelor's+
31.4% → 31.5%
+0.1 pts
Median age
38.5 → 39.6
+1.1 yrs

Across the past five years, the going rent in ZIP 28227 in Mint Hill, NC has shifted from $1,330 to $1,695, up 27.4% since 2021. Census figures show median household income at $77,115 today, compared with $65,198 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 28227 in Mint Hill, NC adding about 1,958 residents over the five-year window, up 3.3% on net. The renter share has eased from 31.3% to 29.8%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 28227

Last updated: October 17, 2026

ZIP code 28227 covers Mint Hill, NC. The median rent here is $1,695/mo as of October 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $1,820/mo.

At 26% of local median household income ($77,115/yr), ZIP 28227 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28227?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,695/mo in ZIP 28227. The local median household income is $77,115/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28227?

Rent in ZIP 28227 has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 0.9% below its high of $1,711 in March 2026.

When is the cheapest time to rent in ZIP 28227?

Asking rents in ZIP 28227 are usually lowest in January, about 0.9% below their yearly trend, and highest in May, about 0.7% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 28227?

Yes. From 2019 to 2024, rent in ZIP 28227 rose 45.4% while median household income rose 29.7%, from $59,438 to $77,115. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 28227 compare to other ZIPs in North Carolina?

ZIP 28227 is in the middle among North Carolina ZIP codes for rent, ranking #103 of 230 at $1,695/mo. Over the year to September 2026, rent in ZIP 28227 changed -0.2%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 28227 compare to the rest of Mint Hill?

At $1,695/mo, ZIP 28227 is $45 above the Mint Hill citywide median of $1,650/mo.
Income Affordability
26%
AFFORDABLE

At $1,695/mo, rent takes ~26% of ZIP 28227's median household income ($77,115/yr). The standard benchmark is 30%.

ZIP 28227 26%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28227 (Mint Hill, NC)

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