ZIP Code · NC

ZIP 28269

Pop. 79,586·Mecklenburg County·59th most expensive ZIP in North Carolina
Median rent (all units)
$1,835/mo
Year-over-Year
+2.1%
Month-over-Month
+0.2%
vs US Median
-$97
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 28269 · $1,835
More expensive than 51% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 28269 usually run 0.7% below trend in January and 0.8% above it in July, about $28 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 28269 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of North Carolina

Rent in ZIP 28269 changed +2.1% 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 28269 rose 38.1% while median household income rose 23.6% ($65,963 to $81,517). Rent outpaced income.

Since before the pandemic

Rent in ZIP 28269 is 39.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($81,517) is $2,038 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,990); a 3-bedroom is $2,450.

Rank in Charlotte

15th cheapest of 23 ZIP codes in Charlotte.

Cheaper nearby

ZIP 28262, 4 miles away, rents for 18% less ($1,512/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 28269. 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
$22,020/yr
At $1,835/mo median
Location
StateNC
CountyMecklenburg County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.1% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 28269 (Charlotte, NC) is majority owner-occupied, 45.6% of residents hold a bachelor's degree or higher.

Population
79,586
Median income
$81,517
Median age
35.9
Renters
39.4%
Age distribution
24.7%
23.8%
29.6%
12.2%
Under 1824.7%
18–3423.8%
35–5429.6%
55–6412.2%
65+9.8%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
27.7%
52%
12.9%
White27.7%
Black52%
Hispanic12.9%
Asian4.9%
Other2.6%
Education (25+)
15.3%
32%
45.6%
No HS diploma7%
HS diploma15.3%
Some college32%
Bachelor's+45.6%
Housing tenure
60.6%
39.4%
Owner60.6%
Renter39.4%

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

2021 vs 2026

How ZIP 28269 in Charlotte, NC has changed in 5 years

Rent
$1,455 → $1,835
up 26.1%
Income
$72,619 → $81,517
up 12.3%
Population
78,353 → 79,586
up 1.6%
Renter share
35.6% → 39.4%
+3.8 pts
Bachelor's+
42.8% → 45.6%
+2.8 pts

Since 2021, the typical rent in ZIP 28269 in Charlotte, NC has increased from $1,455 to $1,835, a 26.1% change over five years. Median household income rose from $72,619 to $81,517 between 2021 and 2024, a 12.3% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.6% since 2021, moving from about 78,353 residents to roughly 79,586. Renters now make up 39.4% of households, compared with 35.6% five years ago. College-educated residents now make up 45.6% of adults here, versus 42.8% in 2021. Taken together, the five-year picture in ZIP 28269 in Charlotte, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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Local insights

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About renting in ZIP 28269

Last updated: October 17, 2026

ZIP code 28269 covers Charlotte, NC. The median rent here is $1,835/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 27% of local median household income ($81,517/yr), ZIP 28269 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28269?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,835/mo in ZIP 28269. The local median household income is $81,517/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28269?

Rent in ZIP 28269 has risen 2.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 28269?

Asking rents in ZIP 28269 are usually lowest in January, about 0.7% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $28 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 28269?

Yes. From 2019 to 2024, rent in ZIP 28269 rose 38.1% while median household income rose 23.6%, from $65,963 to $81,517. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 28269 compare to other ZIPs in North Carolina?

ZIP 28269 is one of the pricier among North Carolina ZIP codes for rent, ranking #59 of 230 at $1,835/mo. Over the year to September 2026, rent in ZIP 28269 changed +2.1%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 28269 compare to the rest of Charlotte?

At $1,835/mo, ZIP 28269 is $106 above the Charlotte citywide median of $1,729/mo. It is the 15th cheapest of 23 ZIP codes in Charlotte.
Income Affordability
27%
AFFORDABLE

At $1,835/mo, rent takes ~27% of ZIP 28269's median household income ($81,517/yr). The standard benchmark is 30%.

ZIP 28269 27%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28269 (Charlotte, NC)

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