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Greensboro city, NC

ZIP 27403 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27403

Median Home Value
$218,600
Median Rent
$813
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,404/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27403 in Greensboro city, NC, a household would need roughly $60,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,404. That is roughly in line with the local median household income ($56,722). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
53.0%-19% vs US avg
x
Vacancy Rate
11.2%+9% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
15.1%+18% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
27.1%-45% vs US avg
x
Mortgage-Free
36.5%-4% vs US avg
x
$218,600
Home Value
$813
Rent
1956
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.2%
  • 1-unit attached2.6%
  • 2-9 units17.1%
  • 10+ units12.5%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$218,600
Median rent$813
Owner-occupied53.0%
Vacant11.2%
Price-to-income3.9x
Est. income to buy$60,000