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Typical Rent in 28117 — Zcta 28117, NC
The typical 1-bedroom rent in 28117 (Zcta 28117, NC) is $1,363/month as of 2026, based on 4 data sources. Rents have risen 2.1% year over year, so an increase above 2.1% exceeds the local market trend. Studio: $1,750. 2-bedroom: $2,010.
Rents in Zcta 28117 have changed approximately -1.1% – +3.2% over the past year based on local market data. A rent increase above 3.2% is above the local market trend.
Estimated Rent · 1-Bedroom
$1,363/mo
Source: HUD Estimated Rent
Data through
Based on 4 independent data sources including local market trends and nearby listings.
The HUD Fair Market Rent for a 1-bedroom in 28117 (Zcta 28117, NC) is $1,830 for FY2026.
Rents in 28117 have increased 2.1% year-over-year based on local market data.
The confidence level for this estimate is high based on 4 data sources.
Based on local market data, a fair rent increase in Zcta 28117 (28117) is approximately 2.1% for 2026. The typical 1-bedroom rent is $1,363/month. Any increase significantly above 2.1% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 28117 (Zcta 28117)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 28117 (Zcta 28117) typically rents for $1,750 – $2,012.
Rents above $2,314 are in the top 25% for this area.
A 1-bedroom in 28117 (Zcta 28117) typically rents for $1,830 – $2,105.
Rents above $2,421 are in the top 25% for this area.
A 2-bedroom in 28117 (Zcta 28117) typically rents for $2,010 – $2,312.
Rents above $2,659 are in the top 25% for this area.
A 3-bedroom in 28117 (Zcta 28117) typically rents for $2,710 – $3,116.
Rents above $3,583 are in the top 25% for this area.
A 4-bedroom in 28117 (Zcta 28117) typically rents for $3,370 – $3,875.
Rents above $4,456 are in the top 25% for this area.
Current Asking Rents in 28117
What are apartments actually renting for near 28117? Click below to see live asking rents from current listings.
Live market data · Updated daily
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Rent Trends in Zcta 28117, NC
+2.1%
Rents in 28117 (Zcta 28117) are rising at +2.1% year-over-year.
⚠ Mixed signals
Market sources range from -1.1% to +3.2%
Sources: Zillow ZORI, HUD Fair Market Rent
Federal Rent Benchmarks for 28117
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Iredell County, NC HUD Metro FMR Area area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $1,750 | $1,301 |
| 1-Bedroom | $1,830 | $1,363 |
| 2-Bedroom | $2,010 | $1,494 |
| 3-Bedroom | $2,710 | $2,017 |
| 4-Bedroom | $3,370 | $2,506 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 28117
What is the average 1-bedroom rent in 28117?
The typical 1-bedroom rent in 28117 (Zcta 28117, NC) is $1,363/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $1,750 and 2-bedroom rent at $2,010.
What is a fair rent increase in 28117?
A rent increase up to about 2.1% is in line with the recent local market trend in 28117. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 28117?
Rents in 28117 have risen 2.1% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 28117?
On this page, studio rent in 28117 is $1,750/month and 2-bedroom rent is $2,010/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 28117 ($1,830/mo) — useful for comparing what your rent gets you in other markets.
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →