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Affordable
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These days, finding an affordable place to live in the 28205 area can be challenging. Home prices in 28205 are now at a median cost of $467,495, higher than the North Carolina average of $323,314.
The average cost of rent is $1,519/mo in 28205, primarily driven by the current value of real estate in the 28205 area. In 28205, 57.95% of households rent, and 26.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 28205 is $6,939 per month. Households that rent pay about 21.89% of their income on rent here. 28205’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 28204, NC: higher priced homes
- 28207, NC: higher priced homes
- 28206, NC: less expensive homes
- 28212, NC: less expensive homes
- 28202, NC: equally priced homes
- 28211, NC: higher priced homes
- 28203, NC: higher priced homes
- 28215, NC: less expensive homes
- 28209, NC: higher priced homes
- 28213, NC: less expensive homes
Zip Codes with Similar Populations
- 21043, MD: higher priced homes
- 29073, SC: less expensive homes
- 08816, NJ: higher priced homes
- 20001, DC: higher priced homes
- 19464, PA: less expensive homes
- 84321, UT: less expensive homes
- 78041, TX: less expensive homes
- 78541, TX: less expensive homes
- 78741, TX: less expensive homes
- 78758, TX: equally priced homes
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