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ZIP Code · NC

ZIP 28607

Part of Boone, NC
Pop. 35,679·Watauga County·35th most expensive ZIP in North Carolina
Median rent (all units)
$1,972/mo
Year-over-Year
Stable
Month-over-Month
+11.0%
vs US Median
+$7
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28607 · $1,972
More expensive than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$1,080
2 BR
$1,290
3 BR
$1,650
4 BR+
$2,160
Research median
$1,290/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
$23,664/yr
At $1,972/mo median
Location
CityBoone
StateNC
CountyWatauga County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +11.0% MoM), not inventory.
Demographics

Who lives here

ZIP 28607 (Boone, NC) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 54.4% of residents hold a bachelor's degree or higher.

Population
35,679
Median income
$46,639
Median age
23.2
Renters
49.8%
Age distribution
53.6%
13.6%
14%
Under 189.6%
18–3453.6%
35–5413.6%
55–649.2%
65+14%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
87.8%
White87.8%
Black2.9%
Hispanic7.1%
Asian1.1%
Other1.1%
Education (25+)
18.6%
19.3%
54.4%
No HS diploma7.7%
HS diploma18.6%
Some college19.3%
Bachelor's+54.4%
Housing tenure
50.2%
49.8%
Owner50.2%
Renter49.8%

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

2021 vs 2026

How ZIP 28607 in Boone, NC has changed in 5 years

Income
$43,542 → $46,639
up 7.1%
Population
33,813 → 35,679
up 5.5%
Renter share
49.4% → 49.8%
+0.4 pts
Bachelor's+
50.3% → 54.4%
+4.1 pts
Median age
24 → 23.2
-0.8 yrs

On the earnings side, the typical household in ZIP 28607 in Boone, NC now reports about $46,639, up from $43,542 in 2021. Headcount in the area went from 33,813 to 35,679 between 2021 and 2024, a 5.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 50.3% to 54.4%.

Community

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Local insights

Tips for renters in ZIP 28607

About renting in ZIP 28607

Last updated: July 20, 2026

ZIP code 28607 covers Boone, NC. The median rent here is $1,972/mo as of July 2026. A 1-bedroom rents for a median of $1,080/mo. A 2-bedroom rents for a median of $1,290/mo.

At 51% of local median household income ($46,639/yr), ZIP 28607 ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28607?

As of July 20, 2026, the median monthly rent in ZIP 28607 (Boone, NC) is $1,972. This is based on aggregated data from public sources and community submissions.

How does ZIP 28607 rent compare to the US average?

ZIP 28607's median rent of $1,972/mo is $7 (0%) above the US national median of $1,965/mo.

How does ZIP 28607 compare to other ZIPs in North Carolina?

ZIP 28607 is one of the pricier ZIP codes in North Carolina, ranking #35 out of 227 ZIPs tracked at $1,972/mo.

How much income do you need to rent in ZIP 28607?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,972/mo in ZIP 28607. The local median household income is $46,639/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 28607?

Rent in ZIP 28607 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 28607 an affordable place to rent?

ZIP 28607 is considered expensive for renters. At $1,972/mo, rent takes approximately 51% of the local median household income ($46,639/yr). The standard benchmark is 30%. ZIP 28607 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 28607 residents rent vs. own?

According to Census data, approximately 49.8% of ZIP 28607 households are renters, while 50.2% are owner-occupied. ZIP 28607 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28607 compare to the rest of Boone?

ZIP 28607 is more affordable than Boone overall. At $1,972/mo, it's $25 below the Boone citywide median of $1,997/mo.

When was rent data for ZIP 28607 last updated?

Rent data for ZIP 28607 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
51%
EXPENSIVE

At $1,972/mo, rent takes ~51% of ZIP 28607's median household income ($46,639/yr). The standard benchmark is 30%.

ZIP 28607 51%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 28607 (Boone, NC)

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