Rental numbers for the Albemarle, NC metro
The typical home here runs -$1,011 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 1 ZIPs with full data
- Cash flow
- -$1,011/mo
- at 7.78%, 25% down
- Typical price
- $306,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,393/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
8 with published figures
| 28009Badin | $176,000 | $940* | 6.4% | 2.8% | -$545 | n/a |
| 28001Albemarle | $264,000 | $1,339 | 6.1% | 2.9% | -$796 | n/a |
| 28137Richfield | $326,000 | $1,160* | 4.3% | 1.6% | -$1,319 | n/a |
| 28128Norwood | $299,000 | $930* | 3.7% | 1.0% | -$1,362 | n/a |
| 28127New London | $319,000 | $970* | 3.6% | 1.0% | -$1,445 | n/a |
| 28129Oakboro | $337,000 | $930* | 3.3% | 0.7% | -$1,621 | n/a |
| 28097Locust | $384,000 | $950* | 3.0% | 0.4% | -$1,947 | n/a |
| 28163Stanfield | $397,000 | $930* | 2.8% | 0.3% | -$2,032 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.5%
- Rent, 12 months
- +3.4%
- Rent minus price growth
- +0.9 pts
- Property tax
- 0.56%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $232,132 | n/a |
| Aug 2022 | $275,536 | n/a |
| Aug 2023 | $279,667 | n/a |
| Aug 2024 | $295,913 | n/a |
| Aug 2025 | $298,060 | $1,347 |
| Aug 2026 | $305,670 | $1,393 |
Counties
- Stanly County, NC6.1% median yield
Tools
Test a listing in the Albemarle, NC area against today's rate.
Open the calculatorQuestions
- Is the Albemarle, NC metro good for rental property?
- The typical home here runs -$1,011 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Albemarle, NC metro have the highest rental yield?
- 28001 (Albemarle) at 6.1%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.