FIPS 37067 · population 389,977 · part of Winston, NC
The latest county-level Zillow ZORI is $1,579 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $995 | Forsyth County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,082 | Forsyth County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,232 | Forsyth County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,607 | Forsyth County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $1,898 | Forsyth County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 37067. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Forsyth County presents a positive income screen alongside a softer listing-market and contested appreciation signal. Zillow's 2026-06 county observation puts median home value at $289,089, with price growth of 1.06%; FHFA's separate 2025 repeat-transaction index rose 3.54%. These vintages and methods should not be averaged, and FHFA is an index rather than a home value. A yield-focused investor should investigate rent durability and exit liquidity; an appreciation-dependent buyer should be cautious.
Measured market rent is $1,579 per month, up 2.34%, producing a published 6.55% gross yield before costs. HUD's two-bedroom FMR is $1,232, but that is a payment standard, not asking rent; the record does not make it a substitute for market rent. The tax rate is 0.79%, with median annual tax of $1,984. Missing insurance, maintenance, vacancy, management, financing and property-level rent evidence prevent a net-yield or cash-flow conclusion.
Realtor.com MLS evidence—using the same supplied period as Zillow—shows median listing price down 5.74% year over year, active listings up 24.65%, and median marketing time at 51 days. Those are asking-price, visible-supply and marketing measures, not closed-sale prices or proof of demand. Net migration was 531 households, but average AGI was $3,243 lower for inbound than outbound movers, weakening the headcount signal. Non-occupant purchase mortgages were 8% of 4,640 purchases, suggesting participation without evidence of dominant competition.
QCEW's 2025 annual covered-workplace data show employment down while average weekly wages rose; education and health services is the largest disclosed private supersector, not the county's whole economy. The modeled annual climate loss is 0.12% of building value, and inland flood is the dominant hazard. Parcel flood zone, elevation, drainage, insurance quote and deductible are missing. Closed-sale comps, lease-level rent, operating statements, debt terms, turnover and building condition are also absent; those gaps prevent validating value, flood-adjusted costs or all-in return. Check those items before relying on the gross yield.
This view uses 10 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Within the selected direct-evidence ZIP/ZCTA matches assigned to Forsyth County, Zillow’s June 2026 ZORI—a typical observed asking-rent index—spans $1,236 to $1,832. That $596 range is wide around the selected-set median of $1,703 and relative to the county ZORI of $1,579. The decision question is not simply where the lowest index appears: it is whether the price point, availability signal, and household budget work for the specific address and unit size sought. The values establish relative positions within this selected evidence set; they do not identify neighborhoods or a complete county menu of rental choices.
The source comparison explains why these figures must remain separate. County Zillow ZORI’s 2.34% year-over-year movement tracks the observed asking-rent index; reported ZIP/ZCTA changes range from 0.16% to 4.68%. By contrast, the ACS 2024 five-year ZCTA median gross-rent estimates span $883 to $1,259, against $1,098 for the county. They are survey estimates of gross rent rather than current asking rents. HUD’s FY2026 two-bedroom Fair Market Rent spans $1,090 to $1,440 in the set, versus $1,232 countywide; it is an administrative, bedroom-specific standard, not asking rent. The ZORI-to-HUD ratio ranges from 95.2% to 157.4%, informative for a standards comparison but not a conversion between the measures.
Budget and availability signals form a trade-off to investigate, not evidence that one causes the other. The ACS five-year rent-burden share—households spending at least 30% of income on rent—ranges from 33.6% to 52.1%, versus 49.1% countywide. The ACS vacancy rate ranges from 4.3% to 16.0%, compared with 8.9% for the county. A search at the lower-vacancy end should prompt a check of live availability; one at the higher-vacancy end should prompt review of the particular unit, concessions, and lease terms. Neither condition establishes better or worse housing. Compare each listed rent with the annual income implied by the stated burden threshold and with the household’s actual income, recognizing that ZIP/ZCTA median household income is neither renter income nor an eligibility determination.
Coverage and geography limit how far this landscape can be generalized. The direct-evidence selection covers 57,712 renter households but is explicitly not a complete county inventory. Census ZCTAs are statistical areas rather than USPS delivery ZIPs, and county display assignment follows the largest HUD residential-address share; those shares range from 70.8% to 100.0% in this set. Before acting, check the exact address and county assignment, current listing date and rent, bedroom count, utilities and fees, concessions, availability, lease duration, deposits, and household-specific income or program rules. These property-level facts determine the usable comparison, not an area label alone.
All 10 eligible direct-evidence ZIP profiles are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 27106 | $1,295 | $1,145 | $1,360 | 51.3% | 11.3% | $52k | 100.0% |
| 27101 | $1,578 | $1,010 | $1,230 | 44.6% | 13.9% | $63k | 100.0% |
| 27103 | $1,690 | $1,259 | $1,380 | 49.2% | 8.8% | $68k | 100.0% |
| 27105 | $1,236 | $926 | $1,100 | 52.1% | 16.0% | $49k | 100.0% |
| 27284 | $1,785 | $1,153 | $1,350 | 40.7% | 5.8% | $71k | 93.5% |
| 27104 | $1,427 | $1,171 | $1,440 | 40.2% | 6.4% | $57k | 100.0% |
| 27127 | $1,754 | $1,118 | $1,270 | 39.4% | 8.1% | $70k | 87.0% |
| 27107 | $1,716 | $883 | $1,090 | 43.8% | 7.1% | $69k | 70.8% |
| 27012 | $1,832 | $1,227 | $1,280 | 43.7% | 4.3% | $73k | 79.1% |
| 27045 | $1,748 | $1,081 | $1,270 | 33.6% | 7.1% | $70k | 97.8% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 27284 rental reportForsyth County | Kernersville, NC | $1,785 | ▲ 2.6% | 40.7% | 58,065 |
| ZIP 27127 rental reportForsyth County | Winston-Salem, NC | $1,754 | ▲ 0.2% | 39.4% | 41,443 |
| ZIP 27107 rental reportForsyth County | Winston-Salem, NC | $1,716 | ▲ 4.4% | 43.8% | 50,769 |
| ZIP 27103 rental reportForsyth County | Winston-Salem, NC | $1,690 | ▲ 2.4% | 49.2% | 33,325 |
| ZIP 27101 rental reportForsyth County | Winston-Salem, NC | $1,578 | ▲ 2.5% | 44.6% | 22,973 |
| ZIP 27106 rental reportForsyth County | Winston-Salem, NC | $1,295 | ▲ 4.5% | 51.3% | 49,670 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.124% of building value expected lost per year
$1,984 median annual bill
10,911 in · 10,380 out
$64,955 arriving · $68,198 leaving
371 of 4,640 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Forsyth County | 389,977 | $289k | $1,579 | 6.6% | inland flooding |
| Davidson County | 172,954 | $280k | $1,400 | 6.0% | inland flooding |
| Stokes County | 45,139 | $269k | n/a | n/a | inland flooding |
| Davie County | 44,122 | $329k | $1,548 | 5.7% | inland flooding |
| Yadkin County | 37,574 | $245k | n/a | n/a | inland flooding |
No. It is a payment standard; the record separately publishes median asking rent.
A repeat-transaction appreciation index, not a dollar home value; its annual observation is separate from Zillow's county measure.
Annual average covered jobs located at workplaces in the county, not resident employment or unemployment.