Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
FIPS 37119 · population 1,154,681 · part of Charlotte, NC
The latest county-level Zillow ZORI is $1,751 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 | $1,469 | Mecklenburg County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,538 | Mecklenburg County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,686 | Mecklenburg County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,076 | Mecklenburg County, NC | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,637 | Mecklenburg 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 37119. 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.
Mecklenburg County presents a split screen: appreciation-led or thin-margin underwriting warrants caution, while operators able to validate asset-level rents, costs and flood exposure have a case to investigate. Zillow’s county median home value in 2026-06 was $424,306, down 0.73% year over year, whereas FHFA’s annual 2025 repeat-transaction HPI rose 2.45%. The HPI is an appreciation index, not a home value; its different method and vintage cannot be averaged with Zillow into one growth rate.
Measured market rent in the Zillow county observation was $1,751 per month, and the supplied gross yield was 4.95% before costs. HUD’s two-bedroom FMR of $1,686 is a payment standard, not an estimate of asking rent or income; yield should not be rebuilt from it. The effective property-tax rate was 0.71%, with a $2,890 median annual tax. Those county figures frame carrying-cost sensitivity but do not establish a subject property’s tax bill, insurance or net yield. Rent comps and actual operating costs remain necessary.
Demand and buyer competition do not resolve that split. Net migration was 3,732 tax-return households, but average AGI for in-movers was below that of out-movers, limiting what inflow alone says about purchasing power. Annual QCEW covered jobs at county workplaces and average covered-worker wage increased; this is not resident employment, unemployment or a forecast. Trade, transportation, and utilities was the largest disclosed private supersector, not the whole economy. Non-occupant purchase mortgages represented 11.78% of purchase mortgages. Realtor.com’s MLS market had active listings up 17.94%, a 51-day median marketing time, and a 22.35% price-reduced share; its lower median listing price is asking-market evidence, not a closed-sale price or proof of buyer demand.
Inland flood is the named dominant hazard, and modeled climate loss equals 0.14% of building value per year. That is a modeled county-level loss ratio, not a parcel flood determination. Vacancy, turnover, operating expenses, insurance premiums, financing terms, closed-sale comps, and parcel flood-zone or elevation data are not published. Their absence prevents a stabilized NOI, debt-service, closing-value, or property-level hazard conclusion; these are the next underwriting checks.
This view uses 12 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 Mecklenburg County ZIP/ZCTA evidence set, Zillow’s June 2026 ZORI—a typical observed asking-rent index—runs from $1,337 in 28212 to $2,030 in 28277, a $693 spread in the selected set. That breadth makes the decision question unit-specific: can currently offered homes with the needed size, location and lease terms fit the household budget, rather than can a ZIP be assigned a canonical rent? The index direction also differs across the shown set, from a 2.25% year-over-year decrease to a 1.97% increase. Those changes describe past ZORI movement and neither forecast a renewal nor quote a particular available property.
Keep Zillow, ACS and HUD in separate lanes. In 28205, the Zillow index is $1,780, while the ACS 2024 five-year estimate of median gross rent is $1,460; ACS is a survey estimate of reported gross rent and not a contemporaneous asking-rent reading. Its HUD two-bedroom FMR is $1,620, an administrative standard for that bedroom size rather than a market listing measure. The ordering can differ in 28273: ZORI is $1,629, ACS median gross rent is $1,729, and HUD FMR is $2,130. Across the selection, ZORI equals 76.5% to 116.5% of the HUD standard, a comparison screen that cannot establish program eligibility, lease pricing or availability.
Budget pressure and vacancy should be read as ACS survey indicators, not as proof of what can be rented now. The reported share of renters spending at least 30% of income on rent ranges from 40.2% to 61.0% in the displayed areas. That wide burden range can coexist with different income, household and rent compositions, so it is not a pass/fail affordability test for an applicant. Estimated vacancy ranges from 4.6% to 10.9%. A higher estimate may indicate more vacant units at the survey reference, but does not demonstrate lower asking rent, a suitable bedroom count, lease concessions or immediate supply. Screen budget and housing needs against active listings before using either measure.
Coverage and geography limit the comparison. The 12 shown ZIP/ZCTA matches come from 29 eligible matches and contain 130,865 renter households in the packet’s ACS estimates, so they are a selected direct-evidence set rather than a countywide or neighborhood inventory. HUD’s residential-address crosswalk assigns each display ZIP to Mecklenburg County by its largest county share; the smallest shown share is 95.7%, so some address connection beyond the county can remain. ZCTAs are Census statistical areas, not USPS delivery ZIPs. For any property, verify the live asking rent, exact bedroom count, unit address, utilities and fees, security deposit, lease term, availability date, condition, and any applicable HUD-program rules before deciding.
29 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 28262 | $1,574 | $1,569 | $1,990 | 44.1% | 9.9% | $63k | 98.9% |
| 28205 | $1,780 | $1,460 | $1,620 | 46.4% | 6.4% | $71k | 100.0% |
| 28269 → | $1,756 | $1,710 | $1,990 | 54.9% | 5.9% | $70k | 97.1% |
| 28216 | $1,842 | $1,560 | $1,780 | 52.6% | 6.2% | $74k | 100.0% |
| 28277 | $2,030 | $1,882 | $2,330 | 40.2% | 4.6% | $81k | 100.0% |
| 28213 | $1,594 | $1,444 | $1,580 | 57.6% | 10.9% | $64k | 98.6% |
| 28208 | $1,638 | $1,244 | $1,470 | 49.9% | 10.7% | $66k | 100.0% |
| 28212 | $1,337 | $1,362 | $1,700 | 61.0% | 8.7% | $53k | 100.0% |
| 28273 | $1,629 | $1,729 | $2,130 | 46.4% | 5.7% | $65k | 100.0% |
| 28210 | $1,497 | $1,554 | $1,880 | 47.0% | 6.9% | $60k | 100.0% |
| 28217 | $1,614 | $1,594 | $1,960 | 48.8% | 9.6% | $65k | 100.0% |
| 28215 | $2,016 | $1,449 | $1,730 | 52.3% | 6.6% | $81k | 95.7% |
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 28203 rental reportMecklenburg County | Charlotte, NC | $2,056 | ▲ 2.3% | 34.5% | 18,823 |
| ZIP 28277 rental reportMecklenburg County | Charlotte, NC | $2,030 | ▼ 0.6% | 40.2% | 73,882 |
| ZIP 28215 rental reportMecklenburg County | Charlotte, NC | $2,016 | ▲ 1.3% | 52.3% | 66,674 |
| ZIP 28214 rental reportMecklenburg County | Charlotte, NC | $1,999 | ▲ 1.5% | 42.3% | 43,837 |
| ZIP 28211 rental reportMecklenburg County | Charlotte, NC | $1,963 | ▲ 1.0% | 42.6% | 33,925 |
| ZIP 28278 rental reportMecklenburg County | Charlotte, NC | $1,897 | ▲ 0.0% | 44.2% | 37,420 |
| ZIP 28202 rental reportMecklenburg County | Charlotte, NC | $1,890 | ▼ 1.1% | 39.2% | 17,653 |
| ZIP 28216 rental reportMecklenburg County | Charlotte, NC | $1,842 | ▲ 2.0% | 52.6% | 57,507 |
| ZIP 28205 rental reportMecklenburg County | Charlotte, NC | $1,780 | ▲ 0.1% | 46.4% | 51,806 |
| ZIP 28269 rental reportMecklenburg County | Charlotte, NC | $1,756 | ▲ 0.8% | 54.9% | 79,586 |
| ZIP 28226 rental reportMecklenburg County | Charlotte, NC | $1,708 | ▲ 0.9% | 50.1% | 39,381 |
| ZIP 28227 rental reportMecklenburg County | Mint Hill, NC | $1,697 | ▼ 1.4% | 46.0% | 60,482 |
| ZIP 28208 rental reportMecklenburg County | Charlotte, NC | $1,638 | ▲ 1.3% | 49.9% | 40,197 |
| ZIP 28209 rental reportMecklenburg County | Charlotte, NC | $1,634 | ▼ 1.3% | 40.3% | 24,331 |
| ZIP 28273 rental reportMecklenburg County | Charlotte, NC | $1,629 | ▲ 0.5% | 46.4% | 50,966 |
| ZIP 28217 rental reportMecklenburg County | Charlotte, NC | $1,614 | ▼ 1.0% | 48.8% | 32,064 |
| ZIP 28213 rental reportMecklenburg County | Charlotte, NC | $1,594 | ▲ 0.3% | 57.6% | 45,904 |
| ZIP 28262 rental reportMecklenburg County | Charlotte, NC | $1,574 | ▲ 0.5% | 44.1% | 50,003 |
| ZIP 28206 rental reportMecklenburg County | Charlotte, NC | $1,538 | ▼ 2.6% | 48.0% | 15,375 |
| ZIP 28210 rental reportMecklenburg County | Charlotte, NC | $1,497 | ▼ 2.2% | 47.0% | 47,359 |
| ZIP 28212 rental reportMecklenburg County | Charlotte, NC | $1,337 | ▼ 2.3% | 61.0% | 42,440 |
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.
0.135% of building value expected lost per year
$2,890 median annual bill
42,944 in · 39,212 out
$81,702 arriving · $89,710 leaving
1,828 of 15,524 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 |
|---|---|---|---|---|---|
| Mecklenburg County | 1,154,681 | $424k | $1,751 | 5.0% | inland flooding |
| York County | 293,673 | $393k | $1,645 | 5.0% | inland flooding |
| Union County | 250,958 | $456k | $2,094 | 5.5% | inland flooding |
| Cabarrus County | 236,133 | $390k | $1,829 | 5.6% | inland flooding |
| Gaston County | 234,881 | $303k | $1,691 | 6.7% | inland flooding |
| Iredell County | 196,544 | $391k | $1,643 | 5.0% | inland flooding |
| Rowan County | 149,875 | $282k | $1,345 | 5.7% | inland flooding |
| Lancaster County | 104,475 | $392k | $1,762 | 5.4% | inland flooding |
| Lincoln County | 92,716 | $409k | $1,579 | 4.6% | inland flooding |
No. It is a two-bedroom payment standard; published market rent and gross yield are separate measures.
No. It is a repeat-transaction appreciation index rather than a dollar home value.
Inland flood; the county modeled climate-loss measure is not parcel-specific.