ZIP Code · NC

ZIP 28348

Pop. 39,196·Cumberland County·114th most expensive ZIP in North Carolina
Median rent (all units)
$1,665/mo
Year-over-Year
+3.8%
Month-over-Month
-1.1%
vs US Median
-$300
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 28348 · $1,665
More affordable than 61% of US ZIP codes · National median $1,965/mo
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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

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Last updated: July 20, 2026

Annual cost
$19,980/yr
At $1,665/mo median
Location
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 (+3.8% YoY, -1.1% 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

2021 vs 2026

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

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

Household income in the area moved from $60,875 to $66,129 across the same window, up 8.6% versus 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.

Community

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Local insights

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About renting in ZIP 28348

Last updated: July 20, 2026

ZIP code 28348 covers Hope Mills, NC. The median rent here is $1,665/mo as of July 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 3.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28348?

As of July 20, 2026, the median monthly rent in ZIP 28348 (Hope Mills, NC) is $1,665. This is based on aggregated data from public sources and community submissions.

How does ZIP 28348 rent compare to the US average?

ZIP 28348's median rent of $1,665/mo is $300 (15%) below the US national median of $1,965/mo.

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

ZIP 28348 falls in the middle range for North Carolina, ranking #114 out of 227 ZIPs at $1,665/mo.

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 (~$32/hour full-time) to afford the median rent of $1,665/mo in ZIP 28348. The local median household income is $66,129/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 28348?

Rent in ZIP 28348 has increased 3.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 28348 an affordable place to rent?

ZIP 28348 is considered moderate for renters. At $1,665/mo, rent takes approximately 30% of the local median household income ($66,129/yr). The standard benchmark is 30%. ZIP 28348 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 28348 residents rent vs. own?

According to Census data, approximately 25.2% of ZIP 28348 households are renters, while 74.8% are owner-occupied. ZIP 28348 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28348 compare to the rest of Hope Mills?

ZIP 28348 is more affordable than Hope Mills overall. At $1,665/mo, it's $51 below the Hope Mills citywide median of $1,716/mo.

When was rent data for ZIP 28348 last updated?

Rent data for ZIP 28348 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,665/mo, rent takes ~30% of ZIP 28348's median household income ($66,129/yr). The standard benchmark is 30%.

ZIP 28348 30%Benchmark 30%
State income tax4.5%
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Schools nearby

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