Rental numbers for Mecklenburg County, NC
The typical home here runs -$1,499 a month at 7.78% with 25% down. 0 of 29 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%.
- Gross yield
- 5.0%
- typical home, Zillow
- Median ZIP yield
- 4.7%
- 29 ZIPs with full data
- Cash flow
- -$1,499/mo
- at 7.78%, 25% down
- Typical price
- $417,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,748/mo
- Zillow ZORI, Aug 2026
ZIP codes in Mecklenburg County
29 with published figures
| 28214Charlotte | $334,000 | $1,974 | 7.1% | 3.8% | -$733 | +2.1% |
| 28215Charlotte | $347,000 | $2,047 | 7.1% | 3.9% | -$758 | +3.9% |
| 28134Pineville | $417,000 | $2,387 | 6.9% | 3.8% | -$923 | +0.5% |
| 28216Charlotte | $318,000 | $1,733 | 6.5% | 3.3% | -$837 | +1.7% |
| 28208Charlotte | $299,000 | $1,601 | 6.4% | 3.2% | -$824 | +0.5% |
| 28269Charlotte | $354,000 | $1,811 | 6.2% | 3.0% | -$1,019 | +1.6% |
| 28217Charlotte | $323,000 | $1,615 | 6.0% | 2.9% | -$970 | +0.3% |
| 28206Charlotte | $322,000 | $1,593 | 5.9% | 2.9% | -$957 | -1.1% |
| 28213Charlotte | $323,000 | $1,567 | 5.8% | 2.7% | -$1,025 | +0.9% |
| 28202Charlotte | $406,000 | $1,908 | 5.6% | 2.6% | -$1,297 | +0.2% |
| 28262Charlotte | $340,000 | $1,544 | 5.4% | 2.3% | -$1,175 | -1.1% |
| 28273Charlotte | $366,000 | $1,650 | 5.4% | 2.4% | -$1,228 | +2.1% |
| 28227Mint Hill | $387,000 | $1,648 | 5.1% | 2.2% | -$1,380 | -1.3% |
| 28212Charlotte | $320,000 | $1,347 | 5.1% | 2.0% | -$1,184 | -2.3% |
| 28278Charlotte | $497,000 | $1,950 | 4.7% | 2.0% | -$1,864 | +0.5% |
| 28205Charlotte | $458,000 | $1,771 | 4.6% | 1.9% | -$1,757 | +1.6% |
| 28105Matthews | $488,000 | $1,731 | 4.3% | 1.6% | -$1,989 | -0.0% |
| 28078Huntersville | $538,000 | $1,906 | 4.3% | 1.6% | -$2,174 | -0.0% |
| 28277Charlotte | $610,000 | $2,013 | 4.0% | 1.4% | -$2,579 | -0.2% |
| 28031Cornelius | $539,000 | $1,757 | 3.9% | 1.4% | -$2,284 | -1.0% |
| 28036Davidson | $653,000 | $2,032 | 3.7% | 1.2% | -$2,856 | -0.2% |
| 28203Charlotte | $675,000 | $2,063 | 3.7% | 1.1% | -$3,038 | +3.1% |
| 28204Charlotte | $578,000 | $1,667 | 3.5% | 0.9% | -$2,694 | -2.5% |
| 28210Charlotte | $567,000 | $1,437 | 3.0% | 0.5% | -$2,795 | -0.3% |
| 28209Charlotte | $672,000 | $1,655 | 2.9% | 0.5% | -$3,323 | +0.9% |
| 28226Charlotte | $675,000 | $1,593 | 2.8% | 0.4% | -$3,416 | +0.3% |
| 28270Charlotte | $680,000 | $1,583 | 2.8% | 0.4% | -$3,417 | -2.0% |
| 28211Charlotte | $931,000 | $2,075 | 2.7% | 0.4% | -$4,693 | -0.7% |
| 28207Charlotte | $1,663,000 | $2,311 | 1.7% | -0.4% | -$9,494 | +4.8% |
Trends
Five years to August 2026
- Price, 12 months
- -0.7%
- Rent, 12 months
- +0.6%
- Rent minus price growth
- +1.3 pts
- Property tax
- 0.71%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $342,208 | $1,505 |
| Aug 2022 | $417,146 | $1,696 |
| Aug 2023 | $409,359 | $1,726 |
| Aug 2024 | $424,680 | $1,728 |
| Aug 2025 | $420,038 | $1,737 |
| Aug 2026 | $417,072 | $1,748 |
HUD Fair Market Rent
FY2027, Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,574 | $1,640 | $1,785 | $2,179 | $2,773 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 10.1
- 4,703 units, last 12 months
- National percentile
- 72th
- among US counties
Tools
Test a listing in Mecklenburg County against today's rate.
Open the calculatorPart of the Charlotte, NC metro.
Questions
- Is Mecklenburg County good for rental property?
- The typical home here runs -$1,499 a month at 7.78% with 25% down. 0 of 29 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Mecklenburg County?
- About 0.71% of value, from Census ACS median taxes paid over median home value. On a $417,000 home that is about $2,961 a year.
- What is Fair Market Rent in Mecklenburg County?
- HUD's FY2027 Fair Market Rent here is $1,640 for a 1-bedroom, $1,785 for a 2-bedroom and $2,179 for a 3-bedroom. Typical cash flow at today's rate is -$1,499 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.