ZIP Code · NC

ZIP 28314

Pop. 55,834·Cumberland County·193rd most expensive ZIP in North Carolina
Median rent (all units)
$1,359/mo
Year-over-Year
+1.6%
Month-over-Month
+0.2%
vs US Median
-$573
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 28314 · $1,359
More affordable than 83% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,230
2 BR
$1,380
3 BR
$1,840
4 BR+
$2,280
Research median
$1,380/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 28314 usually run 0.6% below trend in December and 0.7% above it in June, about $18 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 28314 is 0.4% below its high of $1,365 in April 2026, at $1,359 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 28314 changed +1.6% 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 28314 rose 62.5% while median household income rose 26.3% ($49,271 to $62,249). Rent outpaced income.

Since before the pandemic

Rent in ZIP 28314 is 64.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($62,249) is $1,556 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,380); a 3-bedroom is $1,840.

Rank in Fayetteville

5th cheapest of 8 ZIP codes in Fayetteville.

From Zillow's monthly rent index (ZORI) for ZIP 28314. 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
$16,308/yr
At $1,359/mo median
Location
StateNC
CountyCumberland County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 28314 (Fayetteville, NC) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 27.9% of residents hold a bachelor's degree or higher.

Population
55,834
Median income
$62,249
Median age
31.3
Renters
52.6%
Age distribution
25.8%
30.8%
22.5%
Under 1825.8%
18–3430.8%
35–5422.5%
55–649.9%
65+11%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
28.5%
50.8%
15.9%
White28.5%
Black50.8%
Hispanic15.9%
Asian3.1%
Other1.7%
Education (25+)
24.1%
41.9%
27.9%
No HS diploma6.1%
HS diploma24.1%
Some college41.9%
Bachelor's+27.9%
Housing tenure
47.4%
52.6%
Owner47.4%
Renter52.6%

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

2021 vs 2026

How ZIP 28314 in Fayetteville, NC has changed in 5 years

Rent
$993 → $1,359
up 36.9%
Income
$52,709 → $62,249
up 18.1%
Population
58,218 → 55,834
down 4.1%
Renter share
55.4% → 52.6%
-2.8 pts
Bachelor's+
27.8% → 27.9%
+0.1 pts
Median age
30.3 → 31.3
+1.0 yrs

Rent in ZIP 28314 in Fayetteville, NC has increased 36.9% since 2021, going from about $993 per month to roughly $1,359 today. Local incomes tracked alongside that move, going from a median of $52,709 in 2021 to $62,249 more recently. Rent outpaced income growth by roughly 18.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 58,218 to 55,834 between 2021 and 2024, a 4.1% change. About 52.6% of households rent today, against 55.4% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 28314 in Fayetteville, NC market of 2021.

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About renting in ZIP 28314

Last updated: October 17, 2026

ZIP code 28314 covers Fayetteville, NC. The median rent here is $1,359/mo as of October 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,380/mo.

At 26% of local median household income ($62,249/yr), ZIP 28314 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28314?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (about $26/hour full-time) to afford the median rent of $1,359/mo in ZIP 28314. The local median household income is $62,249/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28314?

Rent in ZIP 28314 has risen 1.6% over the past year as of September 2026. It sits 0.4% below its high of $1,365 in April 2026.

When is the cheapest time to rent in ZIP 28314?

Asking rents in ZIP 28314 are usually lowest in December, about 0.6% below their yearly trend, and highest in June, about 0.7% above it. At today's median that is a gap of roughly $18 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 28314?

Yes. From 2019 to 2024, rent in ZIP 28314 rose 62.5% while median household income rose 26.3%, from $49,271 to $62,249. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 28314 compare to other ZIPs in North Carolina?

ZIP 28314 is one of the more affordable among North Carolina ZIP codes for rent, ranking #193 of 230 at $1,359/mo. Over the year to September 2026, rent in ZIP 28314 changed +1.6%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 28314 compare to the rest of Fayetteville?

At $1,359/mo, ZIP 28314 is $3 below the Fayetteville citywide median of $1,362/mo. It is the 5th cheapest of 8 ZIP codes in Fayetteville.
Income Affordability
26%
AFFORDABLE

At $1,359/mo, rent takes ~26% of ZIP 28314's median household income ($62,249/yr). The standard benchmark is 30%.

ZIP 28314 26%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28314 (Fayetteville, NC)

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