Rental markets / Greensboro

ZIP 27407 fair market rent

HUD rent benchmarks, FY2025–2027. Compare bedrooms and ZIPs.

3-bedroom gross-rent benchmark

$1,790 / month

-2.7% from FY2026

FY2027 · current · effective Oct 1, 2026

Includes tenant-paid basic utilities. HUD benchmarks are not asking rents or approved voucher payments.

Published HUD schedules

FY2025
$1,540
FY2026
$1,840
FY2027
$1,790

HUD schedule changes, not observed rent growth.

Rent by bedroom

Monthly gross-rent benchmarks, including tenant-paid utilities
BedroomsFY2025FY2026FY2027
Studio$1,050$1,250$1,220
1 bedroom$1,090$1,310$1,270
2 bedrooms$1,210$1,440$1,380
3 bedrooms$1,540$1,840$1,790
4 bedrooms$1,730$2,120$2,100
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Compare ZIP benchmarks

Other ZIPs in the same HUD area. These are rent comparisons, not property-specific comps.

Greensboro-High Point, NC HUD Metro FMR Area · 3 bedrooms · FY2027
ZIP codeMonthly gross rentDifference from 27407
27407 This ZIP$1,790$0
27215$1,850+$60
27406$1,690-$100
27405$1,570-$220
27410$2,200+$410

Explore every ZIP in this HUD area

Rental housing in ZCTA 27407

2020–2024 ACS 5-year. Census ZCTAs approximate postal ZIP codes; their boundaries are not identical.

Renter-occupied homes

11,296

51.4% of occupied homes are rented.

Rental home types

Single-unit houses
25.4%
Buildings with 2–4 units
11.3%
Buildings with 5+ units
61.6%
Other rental housing
1.7%

Rent as a share of income

54.0%

Spend at least 30% of household income on gross rent.

22.0% spend at least half.

Estimates, margins of error & definitions

These are pooled 2020–2024 survey estimates, not current listing data. Single-unit houses include detached and attached homes. Rent-burden percentages exclude households for which the ratio could not be calculated.

90% margins of error. Percentage margins are in percentage points.
MeasureEstimateMargin of error
Renter-occupied homes11,296± 972
Renter share of occupied homes51.4%± 3.8 pp
Single-unit houses25.4%± 4.0 pp
Buildings with 2–4 units11.3%± 3.1 pp
Buildings with 5+ units61.6%± 6.9 pp
Other rental housing1.7%± 0.9 pp
Rent is 30% or more of income54.0%± 7.2 pp
Rent is 50% or more of income22.0%± 5.0 pp

U.S. Census Bureau, 2020–2024 ACS 5-year tables B25003, B25032 and B25070. Statistical guidance.

Download Census estimates & margins of error

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Monthly rent to analyze: $1,640

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HUD sources, dates & coverage

HUD Small Area Fair Market Rents are monthly gross-rent benchmarks for postal ZIP codes. They include basic tenant-paid utilities, excluding phone, cable and internet. They do not determine an individual housing authority's payment standard, approved rent or a tenant's subsidy.

Greensboro-High Point, NC HUD Metro FMR Area. FY2025 ZIP schedule (effective Oct 1, 2024; source file revised Apr 28, 2025) · FY2026 ZIP schedule (effective Oct 1, 2025; source file revised May 21, 2026) · FY2027 ZIP schedule (effective Oct 1, 2026).

HUD data checked Sep 22, 2026. Census context: 2020–2024 ACS 5-year. How Census ZCTAs differ from postal ZIP codes.