ZIP Code · NC

ZIP 28348

Part of Hope Mills, NC

Pop. 39,196·Cumberland County·115th most expensive ZIP in North Carolina

Median rent (all units)

$1,667/mo

Year-over-Year

+4.7%

Month-over-Month

+0.5%

vs US Median

-$265

Reported rents

Stable (Monthly)

Be the first to discuss 28348 rents ↓

Most AffordableMost Expensive

ZIP 28348 · $1,667

More affordable than 60% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,120

1 BR

$1,140

2 BR

$1,280

3 BR

$1,710

4 BR+

$2,120

Research median

$1,280/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 28348 is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of North Carolina

Rent in ZIP 28348 changed +4.6% 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 5 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($66,129) is $1,653 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,280); a 3-bedroom is $1,710.

Cheaper nearby

ZIP 28304, 8 miles away, rents for 19% less ($1,351/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 28348. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,004/yr

At $1,667/mo median

Location

CityHope Mills

StateNC

CountyCumberland County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.7% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 28348 (Hope Mills, NC) is majority owner-occupied, has a large share of families with children, 24.2% of residents hold a bachelor's degree or higher.

Population

39,196

Median income

$66,129

Median age

34.4

Renters

25.2%

Age distribution

30.1%

20.4%

25.1%

12.4%

Under 1830.1%

18–3420.4%

35–5425.1%

55–6412%

65+12.4%

Gender

47%

53%

Male47%

Female53%

Race & ethnicity

49.2%

29.2%

14%

White49.2%

Black29.2%

Hispanic14%

Asian2.6%

Other5.1%

Education (25+)

27.7%

41.2%

24.2%

No HS diploma6.8%

HS diploma27.7%

Some college41.2%

Bachelor's+24.2%

Housing tenure

74.8%

25.2%

Owner74.8%

Renter25.2%

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

2022 vs 2026

How ZIP 28348 in Hope Mills, NC has changed in 5 years

Rent

$1,415 → $1,667

up 17.8%

Income

$60,875 → $66,129

up 8.6%

Population

38,367 → 39,196

up 2.2%

Renter share

28.4% → 25.2%

-3.2 pts

Bachelor's+

22.4% → 24.2%

+1.8 pts

Rent in ZIP 28348 in Hope Mills, NC has climbed 17.8% since 2022, going from about $1,415 per month to roughly $1,667 today. Household income in the area moved from $60,875 to $66,129 across the same window, up 8.6% versus 2021. Rent outpaced income growth by roughly 9.2 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 38,367 to 39,196 between 2021 and 2024, a 2.2% change. About 25.2% of households rent today, against 28.4% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 28348 in Hope Mills, NC look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 28348

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 28348

About renting in ZIP 28348

Last updated: October 17, 2026

ZIP code 28348 covers Hope Mills, NC. The median rent here is $1,667/mo as of October 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,280/mo.

At 30% of local median household income ($66,129/yr), ZIP 28348 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28348?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,667/mo in ZIP 28348. The local median household income is $66,129/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 28348?

Rent in ZIP 28348 has risen 4.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

How does ZIP 28348 compare to other ZIPs in North Carolina?

ZIP 28348 is in the middle among North Carolina ZIP codes for rent, ranking #115 of 230 at $1,667/mo. Over the year to September 2026, rent in ZIP 28348 changed +4.6%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.