ZIP Code · NC

ZIP 28303

Part of Fayetteville, NC

Pop. 30,965·Cumberland County·202nd most expensive ZIP in North Carolina

Median rent (all units)

$1,330/mo

Year-over-Year

+1.4%

Month-over-Month

+0.2%

vs US Median

-$602

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 28303 · $1,330

More affordable than 84% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,100

1 BR

$1,120

2 BR

$1,260

3 BR

$1,680

4 BR+

$2,080

Research median

$1,260/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

Compared with the peak

Rent in ZIP 28303 is 0.9% below its high of $1,342 in January 2026, at $1,330 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 28303 changed +1.4% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($58,223) is $1,456 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,260); a 3-bedroom is $1,680.

Rank in Fayetteville

3rd cheapest of 8 ZIP codes in Fayetteville.

From Zillow's monthly rent index (ZORI) for ZIP 28303. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,960/yr

At $1,330/mo median

Location

CityFayetteville

StateNC

CountyCumberland 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 (+1.4% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 28303 (Fayetteville, NC) is roughly split between renters and owners, has a median income below the national average, 31.3% of residents hold a bachelor's degree or higher.

Population

30,965

Median income

$58,223

Median age

34.7

Renters

52.9%

Age distribution

23%

27.5%

23%

17.3%

Under 1823%

18–3427.5%

35–5423%

55–649.2%

65+17.3%

Gender

46.8%

53.2%

Male46.8%

Female53.2%

Race & ethnicity

41.8%

37.1%

White41.8%

Black37.1%

Hispanic10.9%

Asian3.5%

Other6.8%

Education (25+)

26.4%

37%

31.3%

No HS diploma5.4%

HS diploma26.4%

Some college37%

Bachelor's+31.3%

Housing tenure

47.1%

52.9%

Owner47.1%

Renter52.9%

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

2022 vs 2026

How ZIP 28303 in Fayetteville, NC has changed in 5 years

Rent

$1,080 → $1,330

up 23.1%

Income

$43,839 → $58,223

up 32.8%

Population

29,842 → 30,965

up 3.8%

Renter share

56% → 52.9%

-3.1 pts

Bachelor's+

27% → 31.3%

+4.3 pts

Median age

33.9 → 34.7

+0.8 yrs

The median rent in ZIP 28303 in Fayetteville, NC stood at $1,080 in 2022 and currently runs about $1,330, reflecting a 23.1% increase over the period. On the earnings side, the typical household in ZIP 28303 in Fayetteville, NC now reports about $58,223, up from $43,839 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 3.8% since 2021, moving from about 29,842 residents to roughly 30,965. Renters now make up 52.9% of households, compared with 56% five years ago. College-educated residents now make up 31.3% of adults here, versus 27% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 28303 in Fayetteville, NC reflects that arc in its own way.

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About renting in ZIP 28303

Last updated: October 17, 2026

ZIP code 28303 covers Fayetteville, NC. The median rent here is $1,330/mo as of October 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,260/mo.

At 27% of local median household income ($58,223/yr), ZIP 28303 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28303?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,330/mo in ZIP 28303. The local median household income is $58,223/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28303?

Rent in ZIP 28303 has risen 1.4% over the past year as of September 2026. It sits 0.9% below its high of $1,342 in January 2026.

How does ZIP 28303 compare to other ZIPs in North Carolina?

ZIP 28303 is one of the more affordable among North Carolina ZIP codes for rent, ranking #202 of 230 at $1,330/mo. Over the year to September 2026, rent in ZIP 28303 changed +1.4%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.