ZIP Code · NC

ZIP 28270

Pop. 32,448·Mecklenburg County·159th most expensive ZIP in North Carolina
Median rent (all units)
$1,530/mo
Year-over-Year
-0.2%
Month-over-Month
+1.1%
vs US Median
-$402
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28270 · $1,530
More affordable than 71% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,231
1 BR
$1,287
2 BR
$1,412
3 BR
$1,739
4 BR+
$2,205
Research median
$1,412/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

December. Asking rents in ZIP 28270 usually run 0.9% below trend in December and 0.8% above it in July, about $26 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 28270 is 1.4% below its high of $1,551 in May 2025, at $1,530 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 28270 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 28270 rose 35.3% while median household income rose 33.7% ($98,449 to $131,667). Rent outpaced income.

Since before the pandemic

Rent in ZIP 28270 is 34.3% 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 5 of the last 12 months.

What a typical income covers

30% of the median household income ($131,667) is $3,292 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,170).

Rank in Charlotte

4th cheapest of 23 ZIP codes in Charlotte.

Cheaper nearby

ZIP 28212, 5 miles away, rents for 12% less ($1,340/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 28270. 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
$18,360/yr
At $1,530/mo median
Location
StateNC
CountyMecklenburg County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.2% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 28270 (Charlotte, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 67.6% of residents hold a bachelor's degree or higher.

Population
32,448
Median income
$131,667
Median age
40
Renters
23.2%
Age distribution
25.5%
17.4%
29.5%
13.2%
14.4%
Under 1825.5%
18–3417.4%
35–5429.5%
55–6413.2%
65+14.4%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
68%
White68%
Black10.9%
Hispanic9.3%
Asian8.8%
Other3%
Education (25+)
20%
67.6%
No HS diploma2.3%
HS diploma10%
Some college20%
Bachelor's+67.6%
Housing tenure
76.8%
23.2%
Owner76.8%
Renter23.2%

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

2021 vs 2026

How ZIP 28270 in Charlotte, NC has changed in 5 years

Rent
$1,206 → $1,530
up 26.9%
Income
$112,190 → $131,667
up 17.4%
Population
34,583 → 32,448
down 6.2%
Renter share
26.1% → 23.2%
-2.9 pts
Bachelor's+
68% → 67.6%
-0.4 pts
Median age
39.4 → 40
+0.6 yrs

Five years ago, renters in ZIP 28270 in Charlotte, NC paid around $1,206 a month. That figure now sits near $1,530, up 26.9% from the 2021 baseline. Census figures show median household income at $131,667 today, compared with $112,190 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 28270 in Charlotte, NC losing about 2,135 residents over the five-year window, down 6.2% on net. The renter share has eased from 26.1% to 23.2%, 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.

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About renting in ZIP 28270

Last updated: October 17, 2026

ZIP code 28270 covers Charlotte, NC. The median rent here is $1,530/mo as of October 2026. A 1-bedroom rents for a median of $1,287/mo. A 2-bedroom rents for a median of $1,412/mo.

At 14% of local median household income ($131,667/yr), ZIP 28270 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 28270?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,530/mo in ZIP 28270. The local median household income is $131,667/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28270?

Rent in ZIP 28270 has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 1.4% below its high of $1,551 in May 2025.

When is the cheapest time to rent in ZIP 28270?

Asking rents in ZIP 28270 are usually lowest in December, about 0.9% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 28270?

Yes. From 2019 to 2024, rent in ZIP 28270 rose 35.3% while median household income rose 33.7%, from $98,449 to $131,667. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 28270 compare to other ZIPs in North Carolina?

ZIP 28270 is one of the more affordable among North Carolina ZIP codes for rent, ranking #159 of 230 at $1,530/mo. Over the year to September 2026, rent in ZIP 28270 changed -0.2%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 28270 compare to the rest of Charlotte?

At $1,530/mo, ZIP 28270 is $199 below the Charlotte citywide median of $1,729/mo. It is the 4th cheapest of 23 ZIP codes in Charlotte.
Income Affordability
14%
VERY AFFORDABLE

At $1,530/mo, rent takes ~14% of ZIP 28270's median household income ($131,667/yr). The standard benchmark is 30%.

ZIP 28270 14%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28270 (Charlotte, NC)

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