ZIP Code · NC

ZIP 28677

Part of Statesville, NC

Pop. 38,819·Iredell County·152nd most expensive ZIP in North Carolina

Median rent (all units)

$1,542/mo

Year-over-Year

+6.3%

Month-over-Month

Stable

vs US Median

-$390

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 28677 · $1,542

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,090

1 BR

$1,130

2 BR

$1,250

3 BR

$1,720

4 BR+

$2,100

Research median

$1,250/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 28677 is 0% below its high of $1,542 in August 2026, at $1,542 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 28677 changed +6.3% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

What a typical income covers

30% of the median household income ($62,406) is $1,560 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,250); a 3-bedroom is $1,720.

From Zillow's monthly rent index (ZORI) for ZIP 28677. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,504/yr

At $1,542/mo median

Location

CityStatesville

StateNC

CountyIredell County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.3% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 28677 (Statesville, NC) is majority owner-occupied, has a median income below the national average, 23.1% of residents hold a bachelor's degree or higher.

Population

38,819

Median income

$62,406

Median age

38.7

Renters

32.7%

Age distribution

22.7%

22.4%

24.2%

14.5%

16.3%

Under 1822.7%

18–3422.4%

35–5424.2%

55–6414.5%

65+16.3%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

62%

19.8%

13.7%

White62%

Black19.8%

Hispanic13.7%

Other4.1%

Education (25+)

14%

31.8%

31.1%

23.1%

No HS diploma14%

HS diploma31.8%

Some college31.1%

Bachelor's+23.1%

Housing tenure

67.3%

32.7%

Owner67.3%

Renter32.7%

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

2023 vs 2026

How ZIP 28677 in Statesville, NC has changed in 5 years

Rent

$1,280 → $1,542

up 20.5%

Income

$48,670 → $62,406

up 28.2%

Population

35,231 → 38,819

up 10.2%

Renter share

34.3% → 32.7%

-1.6 pts

Bachelor's+

22.6% → 23.1%

+0.5 pts

Median age

41 → 38.7

-2.3 yrs

Across the past five years, the going rent in ZIP 28677 in Statesville, NC has shifted from $1,280 to $1,542, up 20.5% since 2023. Local incomes tracked alongside that move, going from a median of $48,670 in 2021 to $62,406 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 28677 in Statesville, NC adding about 3,588 residents over the five-year window, up 10.2% on net. The renter share has eased from 34.3% to 32.7%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 28677 in Statesville, NC market of 2023.

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About renting in ZIP 28677

Last updated: October 17, 2026

ZIP code 28677 covers Statesville, NC. The median rent here is $1,542/mo as of October 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,250/mo.

At 30% of local median household income ($62,406/yr), ZIP 28677 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 28677?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,542/mo in ZIP 28677. The local median household income is $62,406/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 28677?

Rent in ZIP 28677 has risen 6.3% over the past year as of September 2026. It sits 0% below its high of $1,542 in August 2026.

How does ZIP 28677 compare to other ZIPs in North Carolina?

ZIP 28677 is in the middle among North Carolina ZIP codes for rent, ranking #152 of 230 at $1,542/mo. Over the year to September 2026, rent in ZIP 28677 changed +6.3%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.