Rental numbers for North Carolina
2 of 255 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 5.9%
- 255 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $335,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,669/mo
- median across 255 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| Robeson County | $138,000 | $1,168 | 10.2% | 5.4% | -$121 | n/a |
| Lenoir County | $153,000 | $1,238 | 9.7% | 5.2% | -$160 | n/a |
| Wayne County | $184,000 | $1,483 | 9.7% | 5.6% | -$140 | +3.7% |
| Edgecombe County | $137,000 | $1,044 | 9.1% | 4.3% | -$246 | +7.6% |
| Wilson County | $218,000 | $1,454 | 8.0% | 4.2% | -$416 | +3.3% |
| Harnett County | $294,000 | $1,898 | 7.8% | 4.3% | -$521 | +2.8% |
| Rutherford County | $217,000 | $1,393 | 7.7% | 4.1% | -$423 | n/a |
| Hoke County | $280,000 | $1,753 | 7.5% | 4.1% | -$551 | +3.9% |
| Lee County | $289,000 | $1,741 | 7.2% | 3.8% | -$643 | +0.8% |
| Cumberland County | $230,000 | $1,379 | 7.2% | 3.4% | -$592 | +2.1% |
| Columbus County | $190,000 | $1,125 | 7.1% | 3.3% | -$507 | n/a |
| Pitt County | $245,000 | $1,448 | 7.1% | 3.5% | -$612 | +2.5% |
| Cherokee County | $269,000 | $1,583 | 7.1% | 3.9% | -$577 | n/a |
| Nash County | $238,000 | $1,396 | 7.0% | 3.5% | -$585 | +0.9% |
| Granville County | $313,000 | $1,788 | 6.9% | 3.6% | -$747 | n/a |
| Craven County | $276,000 | $1,569 | 6.8% | 3.5% | -$673 | +3.5% |
| Rockingham County | $198,000 | $1,123 | 6.8% | 3.1% | -$557 | +6.8% |
| Catawba County | $294,000 | $1,657 | 6.8% | 3.6% | -$708 | +3.0% |
| Gaston County | $297,000 | $1,666 | 6.7% | 3.4% | -$759 | +1.5% |
| Forsyth County | $284,000 | $1,553 | 6.6% | 3.2% | -$783 | +3.6% |
| Cleveland County | $213,000 | $1,160 | 6.6% | 3.0% | -$608 | +2.6% |
| McDowell County | $257,000 | $1,395 | 6.5% | 3.3% | -$679 | n/a |
| Burke County | $256,000 | $1,387 | 6.5% | 3.1% | -$710 | n/a |
| Onslow County | $292,000 | $1,573 | 6.5% | 3.3% | -$782 | +4.2% |
| Vance County | $183,000 | $973 | 6.4% | 2.6% | -$594 | -1.7% |
| Pasquotank County | $268,000 | $1,402 | 6.3% | 3.0% | -$776 | +0.3% |
| Johnston County | $340,000 | $1,779 | 6.3% | 3.2% | -$925 | +1.0% |
| Caldwell County | $236,000 | $1,231 | 6.3% | 2.9% | -$698 | n/a |
| Guilford County | $277,000 | $1,420 | 6.2% | 2.7% | -$858 | +2.3% |
| Davidson County | $276,000 | $1,399 | 6.1% | 2.9% | -$817 | +3.9% |
| Duplin County | $188,000 | $950 | 6.1% | 2.4% | -$633 | n/a |
| Rowan County | $277,000 | $1,404 | 6.1% | 2.9% | -$835 | +1.6% |
| Beaufort County | $237,000 | $1,182 | 6.0% | 2.6% | -$760 | n/a |
| Stokes County | $262,000 | $1,295 | 5.9% | 2.7% | -$817 | n/a |
| Franklin County | $359,000 | $1,739 | 5.8% | 2.8% | -$1,092 | +4.3% |
| Cabarrus County | $383,000 | $1,823 | 5.7% | 2.7% | -$1,211 | +2.2% |
| Union County | $450,000 | $2,115 | 5.6% | 2.9% | -$1,351 | +3.9% |
| Haywood County | $342,000 | $1,605 | 5.6% | 2.7% | -$1,071 | +6.4% |
| Watauga County | $506,000 | $2,363 | 5.6% | 3.1% | -$1,431 | n/a |
| Moore County | $414,000 | $1,923 | 5.6% | 2.8% | -$1,259 | +1.4% |
| Currituck County | $546,000 | $2,517 | 5.5% | 3.0% | -$1,594 | n/a |
| Pender County | $437,000 | $1,999 | 5.5% | 2.7% | -$1,389 | +8.6% |
| Stanly County | $306,000 | $1,393 | 5.5% | 2.5% | -$1,015 | +3.4% |
| Randolph County | $255,000 | $1,150 | 5.4% | 2.2% | -$908 | +4.7% |
| Alamance County | $294,000 | $1,321 | 5.4% | 2.3% | -$1,009 | +1.9% |
| Iredell County | $384,000 | $1,701 | 5.3% | 2.5% | -$1,285 | +2.0% |
| Transylvania County | $467,000 | $2,053 | 5.3% | 2.7% | -$1,469 | +1.7% |
| Henderson County | $424,000 | $1,838 | 5.2% | 2.5% | -$1,398 | +2.2% |
| Brunswick County | $405,000 | $1,734 | 5.1% | 2.4% | -$1,370 | +3.8% |
| Durham County | $390,000 | $1,652 | 5.1% | 2.1% | -$1,424 | +1.6% |
| Mecklenburg County | $417,000 | $1,748 | 5.0% | 2.1% | -$1,499 | +0.6% |
| Macon County | $361,000 | $1,500 | 5.0% | 2.3% | -$1,250 | n/a |
| Madison County | $388,000 | $1,600 | 5.0% | 2.3% | -$1,355 | n/a |
| Lincoln County | $404,000 | $1,648 | 4.9% | 2.1% | -$1,452 | +2.4% |
| Ashe County | $361,000 | $1,383 | 4.6% | 1.9% | -$1,370 | n/a |
| Dare County | $599,000 | $2,295 | 4.6% | 2.1% | -$2,167 | n/a |
| New Hanover County | $448,000 | $1,706 | 4.6% | 2.0% | -$1,683 | +3.8% |
| Buncombe County | $445,000 | $1,689 | 4.6% | 1.9% | -$1,687 | +0.1% |
| Carteret County | $471,000 | $1,773 | 4.5% | 2.1% | -$1,736 | +4.4% |
| Wake County | $474,000 | $1,665 | 4.2% | 1.5% | -$1,961 | +0.8% |
| Chatham County | $562,000 | $1,859 | 4.0% | 1.4% | -$2,355 | +2.1% |
| Orange County | $504,000 | $1,615 | 3.9% | 1.0% | -$2,289 | -0.1% |
| Jackson County | $449,000 | $1,413 | 3.8% | 1.5% | -$1,872 | +11.8% |
| Alexander County | $269,000 | not published | n/a | n/a | n/a | n/a |
| Alleghany County | $270,000 | not published | n/a | n/a | n/a | n/a |
| Anson County | $146,000 | not published | n/a | n/a | n/a | n/a |
| Avery County | $382,000 | not published | n/a | n/a | n/a | n/a |
| Bertie County | $66,000 | not published | n/a | n/a | n/a | n/a |
| Bladen County | $154,000 | not published | n/a | n/a | n/a | n/a |
| Camden County | $396,000 | not published | n/a | n/a | n/a | n/a |
| Caswell County | $208,000 | not published | n/a | n/a | n/a | n/a |
| Chowan County | $235,000 | not published | n/a | n/a | n/a | n/a |
| Clay County | $341,000 | not published | n/a | n/a | n/a | n/a |
| Davie County | $327,000 | not published | n/a | n/a | n/a | n/a |
| Gates County | $254,000 | not published | n/a | n/a | n/a | n/a |
| Graham County | $226,000 | not published | n/a | n/a | n/a | n/a |
| Greene County | $178,000 | not published | n/a | n/a | n/a | n/a |
| Halifax County | $120,000 | not published | n/a | n/a | n/a | n/a |
| Hertford County | $119,000 | not published | n/a | n/a | n/a | n/a |
| Hyde County | $227,000 | not published | n/a | n/a | n/a | n/a |
| Jones County | $130,000 | not published | n/a | n/a | n/a | n/a |
| Martin County | $129,000 | not published | n/a | n/a | n/a | n/a |
| Mitchell County | $241,000 | not published | n/a | n/a | n/a | n/a |
| Montgomery County | $198,000 | not published | n/a | n/a | n/a | n/a |
| Northampton County | $108,000 | not published | n/a | n/a | n/a | n/a |
| Pamlico County | $286,000 | not published | n/a | n/a | n/a | n/a |
| Perquimans County | $288,000 | not published | n/a | n/a | n/a | n/a |
| Person County | $252,000 | not published | n/a | n/a | n/a | n/a |
| Polk County | $319,000 | not published | n/a | n/a | n/a | n/a |
| Richmond County | $133,000 | not published | n/a | n/a | n/a | n/a |
| Sampson County | $156,000 | not published | n/a | n/a | n/a | n/a |
| Scotland County | $147,000 | not published | n/a | n/a | n/a | n/a |
| Surry County | $245,000 | not published | n/a | n/a | n/a | n/a |
| Swain County | $325,000 | not published | n/a | n/a | n/a | n/a |
| Tyrrell County | $173,000 | not published | n/a | n/a | n/a | n/a |
| Warren County | $228,000 | not published | n/a | n/a | n/a | n/a |
| Washington County | $112,000 | not published | n/a | n/a | n/a | n/a |
| Wilkes County | $227,000 | not published | n/a | n/a | n/a | n/a |
| Yadkin County | $240,000 | not published | n/a | n/a | n/a | n/a |
| Yancey County | $318,000 | not published | n/a | n/a | n/a | n/a |
Highest-yield ZIP codes in North Carolina
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 28501Kinston | $99,000 | $1,013 | 12.2% | +$1 |
| 28301Fayetteville | $146,000 | $1,415 | 11.7% | +$15 |
| 27260High Point | $141,000 | $1,175 | 10.0% | -$128 |
| 27301Mc Leansville | $288,000 | $2,358 | 9.8% | -$71 |
| 27536Henderson | $115,000 | $940 | 9.8% | -$173 |
| 27801Rocky Mount | $123,000 | $993 | 9.7% | -$199 |
| 28358Lumberton | $144,000 | $1,157 | 9.6% | -$175 |
| 27401Greensboro | $182,000 | $1,440 | 9.5% | -$190 |
| 27530Goldsboro | $179,000 | $1,404 | 9.4% | -$175 |
| 27886Tarboro | $152,000 | $1,113 | 8.8% | -$290 |
Trends
Five years to August 2026
- Price, 12 months
- -0.0%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.66%
- effective rate, ACS 2024
Typical value (Zillow ZHVI)Indexed to 100 at Aug 2021
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $271,774 |
| Aug 2022 | $324,021 |
| Aug 2023 | $327,248 |
| Aug 2024 | $337,638 |
| Aug 2025 | $334,866 |
| Aug 2026 | $334,773 |
Costs that vary by state
- Effective property tax
- 0.66%
- Census ACS 2024
- Landlord insurance default
- $2,222/yr
- NAIC HO-3 $1,852 x 1.2
- Permits per 1,000 households
- 20.5
- last 12 months
- Median typical price
- $347,000
- tier A ZIPs
Metros
- Albemarle, NC
- Asheville, NC
- Boone, NC
- Brevard, NC
- Burlington, NC
- Charlotte, NC
- Cullowhee, NC
- Durham, NC
- Elizabeth City, NC
- Fayetteville, NC
- Forest City, NC
- Goldsboro, NC
- Greensboro, NC
- Greenville, NC
- Henderson, NC
- Hickory, NC
- Jacksonville, NC
- Kill Devil Hills, NC
- Kinston, NC
- Laurinburg, NC
- Lumberton, NC
- Marion, NC
- Morehead City, NC
- Mount Airy, NC
- New Bern, NC
- North Wilkesboro, NC
- Pinehurst, NC
- Raleigh, NC
- Roanoke Rapids, NC
- Rockingham, NC
- Rocky Mount, NC
- Sanford, NC
- Shelby, NC
- Washington, NC
- Wilmington, NC
- Wilson, NC
- Winston, NC
Questions
- Is North Carolina good for rental property?
- 2 of 255 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.9%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in North Carolina?
- About 0.66% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in North Carolina?
- NAIC's 2023 average homeowners (HO-3) premium in North Carolina was $1,852. Landlord policies usually cost more, so this site assumes $2,222 a year. Quotes depend on the property, coverage and claims history.
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.
- 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.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
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.