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Rental Insights for ZIP Code 27526 (Fuquay Varina, NC)

Housing Rentals in ZIP Code 27526 (Fuquay Varina, NC)

27526 ZIP Code in North Carolina

A Detailed Snapshot of Renters in the ZIP Code 27526

The 27526 ZIP Code is predominantly located in Fuquay Varina, NC in Wake County. The estimated median housing rent in this region of North Carolina is $1,077 per month. About 22.2% of total housing units in this Wake County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 5.0%.

The median rent in ZIP Code 27526 of $1,077 per month is 19% higher than the aggregate North Carolina median monthly rent of $907, and is 1% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 33.6% of residents in ZIP Code 27526 pay between $500 and $999 per month for rent. That is 32% lower than in North Carolina overall, in which 49.3% of total state residents pay between $500 and $999 per month for housing. Just 1.3% of ZIP Code 27526 renters pay $3,000 or more for monthly rent.

ZIP Code 27526 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 27526

See the chart below for a comparison of monthly rental costs in ZIP Code 27526, North Carolina, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 27526 along with those in the state of North Carolina and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 27526

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 27526 North Carolina U.S.
Less than $500 12.1% 10.4% 9.4%
$500 to $999 33.6% 49.3% 36.2%
$1,000 to $1,499 28.9% 29.9% 30.0%
$1,500 to $1,999 17.0% 7.6% 14.0%
$2,000 to $2,499 2.9% 1.8% 5.6%
$2,500 to $2,999 4.2% 0.5% 2.4%
$3,000 or more 1.3% 0.5% 2.4%

Rent Cost vs. Income in ZIP Code 27526

Renters in ZIP Code 27526 use an estimated 29.19% of their income to cover their monthly rent payments. That is about roughly equal to in North Carolina overall. The estimate for North Carolina overall is 29.19% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 27526 renters use about 2% less of their income to cover rent expense. Household income figures for ZIP Code 27526 come in higher than in North Carolina as a whole. The median annual household income in ZIP Code 27526 of $79,593 sits approximately 46% higher than the overall North Carolina median income of $54,602 and approximately 27% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 27526

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 27526, North Carolina, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 27526 along with the same calculations in the state of North Carolina and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 27526

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 27526 North Carolina U.S.
Less than 15.0 percent 9.3% 14.1% 13.1%
15.0 to 19.9 percent 19.8% 13.6% 12.9%
20.0 to 24.9 percent 12.8% 13.2% 12.9%
25.0 to 29.9 percent 14.3% 11.6% 11.6%
30.0 to 34.9 percent 6.8% 9.1% 9.1%
35.0 percent or more 37.1% 38.3% 40.5%

Household Income in ZIP Code 27526

See the table below for the regional comparison of annual household income in ZIP Code 27526.

Income ZIP 27526 North Carolina U.S.
Less than $10,000 3.4% 6.4% 6.0%
$10,000 to $14,999 4.1% 5.0% 4.3%
$15,000 to $24,999 6.7% 10.3% 8.9%
$25,000 to $34,999 5.7% 10.3% 8.9%
$35,000 to $49,999 8.8% 13.9% 12.3%
$50,000 to $74,999 17.8% 18.0% 17.2%
$75,000 to $99,999 16.9% 12.4% 12.7%
$100,000 to $149,999 20.5% 13.1% 15.1%
$150,000 to $199,999 9.2% 5.1% 6.8%
$200,000 or more 7.0% 5.4% 7.7%

Household Income in ZIP Code 27526

See the chart below for a comparison of annual household income figures in ZIP Code 27526, North Carolina, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 27526 alongside the same figures for the state of North Carolina and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 27526

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 27526.

ZIP 27526 North Carolina U.S.
Median Housing Rent $1,077 $907 $1,062
Renter-Occupied Housing Units 22.2% 34.8% 36.0%
Rental Vacancy Rate 5.0% 6.8% 6.0%
Average Size of Renter-Occupied Unit 2.73 2.43 2.49
Average # of Bedrooms Per Unit 3.2 2.84 2.75
Percent of Income Spent on Rent 29.19% 29.19% 29.83%
Per Capita Income $33,352 $30,783 $34,103
Median Household Income $93,696 $76,940 $88,607
Living Below the Poverty Line 6.7% 10.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 27526

In ZIP Code 27526 (Fuquay Varina, NC), and estimated 22.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 5.0%.

The per capita income in 27526 is estimated at $33,352, which goes along with an estimated median household income of $93,696. About 6.7% of residents in this Wake County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.73 occupants, while the units have an aggregate average size of 3.2 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.19% of their income on housing rental costs.

Rental FAQs for ZIP Code 27526

1

What is the median monthly rent in ZIP Code 27526?

Median rent for housing in ZIP Code 27526 in Wake County in North Carolina is approximately $1,077 per month.
2

Is it expensive to rent in ZIP Code 27526?

Rent in ZIP Code 27526 is higher than average in the state of North Carolina overall. The median monthly rent of $1,077 in ZIP Code 27526 is approximately 19% higher than the North Carolina median of $907. Additionally, median rent in this Fuquay Varina, NC region ($1,077) is about 1% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 27526?

High-priced rentals are more common in ZIP Code 27526 than in North Carolina overall. The percentage of rentals in ZIP Code 27526 that cost $3,000 or more per month (1.3%) is about 160% higher than the North Carolina rate of 0.5% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 46% higher than the aforementioned 27526 rate of 1.3%.
4

Are affordable rentals common in ZIP Code 27526?

Affordable rentals are less common in ZIP Code 27526 than in North Carolina overall. The percentage of housing rentals in ZIP Code 27526 costing $999 or less per month (45.7%) is approximately 23% lower than the North Carolina rate of 59.7% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 0% lower than the previously mentioned 27526 rate of 45.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 27526?

The most common range for rental cost in ZIP Code 27526 is between $500 and $999 per month. About 33.6% of renters in 27526 pay in this range for monthly rent. In comparison, approximately 49.3% of renters in the state of North Carolina fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 27526 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 27526 is lower than the rental vacancy rate in the state of North Carolina overall. Rental vacancy of 5.0% in ZIP Code 27526 is about 26% lower than the North Carolina rate of 6.8%. Looking more broadly, rental vacancy in this Fuquay Varina, NC region (5.0%) is an estimated 17% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 27526? How does it compare to other North Carolina regions?

Median household income in ZIP Code 27526 is higher than in the state of North Carolina overall. Annual household income of $79,593 in ZIP Code 27526 is about 46% higher than the North Carolina median of $54,602. Additionally, median household income in this Fuquay Varina, NC region ($79,593) is approximately 27% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 27526 spend on housing costs?

Renters in ZIP Code 27526 spend about the same amount of their income on rent costs than do residents of North Carolina overall. Renters in ZIP Code 27526 spend an estimated 29.19% of their income on rent payments, which is about 0% roughly equal to the overall North Carolina estimated rate of 29.19%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 2% higher than the ZIP Code 27526 estimated rate of 29.19%.
9

Do renters in ZIP Code 27526 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 27526 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 27526 spending 30 percent or more of their income on rent costs (43.9%) is approximately 7% lower than the North Carolina rate of 47.4% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 11% higher than the aforementioned 27526 rate of 43.9%.
10

What is the average household size of renter-occupied units in ZIP Code 27526?

The average household size of renter-occupied units in ZIP Code 27526 is higher than in the state of North Carolina overall. Annual household size of 2.73 in ZIP Code 27526 is about 12% higher than the North Carolina median of 2.43. Additionally, median household size in this Fuquay Varina, NC region (2.73) is approximately 10% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other North Carolina ZIP Codes