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These days, finding an affordable place to live in the 28405 area can be challenging. Home prices in 28405 are now at a median cost of $437,801, higher than the North Carolina average of $323,314.
The average cost of rent is $1,656/mo in 28405, primarily driven by the current value of real estate in the 28405 area. In 28405, 43.28% of households rent, and 32.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 28405 is $7,320 per month. Households that rent pay about 22.63% of their income on rent here. 28405’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 28403, NC: less expensive homes
- 28411, NC: equally priced homes
- 28401, NC: less expensive homes
- 28480, NC: higher priced homes
- 28429, NC: less expensive homes
- 28409, NC: equally priced homes
- 28412, NC: less expensive homes
- 28451, NC: less expensive homes
- 28479, NC: less expensive homes
- 28443, NC: equally priced homes
Zip Codes with Similar Populations
- 07747, NJ: higher priced homes
- 10014, NY: higher priced homes
- 90606, CA: higher priced homes
- 60050, IL: less expensive homes
- 62301, IL: less expensive homes
- 74008, OK: less expensive homes
- 77045, TX: less expensive homes
- 78729, TX: equally priced homes
- 79904, TX: less expensive homes
- 85388, AZ: higher priced homes
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