What is the median home value in ZIP 27560 in Wake County, NC?

The median home value in ZIP 27560 in Wake County, NC is $499,094, according to the latest Census ACS 5-Year Estimates.

What is the rent-to-income ratio in ZIP 27560?

The rent-to-income ratio in ZIP 27560 is 18.6%, based on HUD Fair Market Rent divided by Census median household income. This is within the affordable range (under 30% of household income).

Raleigh-Cary, NC · North Carolina

Wake County

ZIP 27560

1.2M residents14,447 permits TTM$101,763 median HHI32 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$422,800

ACS 5-Year

Cap rate proxy

5.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.8%

HUD FMR ÷ ACS HHI

Net migration

+2.92%

IRS SOI

Permits (TTM)

14,447

Census BPS

Climate risk

95.5

FEMA NRI (0–100)

ZIP 27560

Median home value

$499,094

Gross yield

5.4%

Cap rate

3.8%

Rent gap

29.1%

Affordability

P/I: 4.9R/I: 18.6%

Section 8 detail

SAFMR: $2,230Rent: $1,508Gap: 47.9%

ZIP code breakdown32 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
27604	$340,334	$1,720	6.1%	5.6%	7.6%
27616	$355,944	$1,820	6.1%	5.4%	11.7%
27610	$316,459	$1,540	5.8%	7.2%	-23.5%
27605	$406,858	$1,930	5.7%	4.9%	14.5%
27560	$499,094	$2,230	5.4%	3.8%	29.1%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$339,442	$1,350	4.8%	6.8%	-41.6%
$366,958	$1,490	4.9%	6.4%	-32.1%
$382,359	$1,660	5.2%	5.5%	-6.5%
$367,622	$1,790	5.8%	5.3%	8.8%
$409,452	$1,670	4.9%	5.0%	-1.4%
$499,478	$1,750	4.2%	4.6%	-10.5%
$565,482	$2,140	4.5%	4.5%	0.5%
$407,804	$1,350	4.0%	4.4%	-11.7%
$422,800county est.	$1,810	5.1%	4.3%	16.7%
$422,800county est.	$1,780	5.1%	4.3%	15.3%
$498,122	$1,840	4.4%	4.2%	4.2%
$508,048	$1,750	4.1%	4.2%	-2.3%
$440,112	$2,010	5.5%	4.2%	24.1%
$430,846	$1,750	4.9%	4.1%	15.1%
$576,761	$2,110	4.4%	4.0%	9.5%
$490,460	$1,620	4.0%	3.9%	2.2%
$544,943	$1,820	4.0%	3.4%	15.1%
$598,867	$2,040	4.1%	3.4%	17.2%
$536,576	$1,970	4.4%	3.2%	26.4%
$701,153	$2,240	3.8%	3.2%	16.1%
$557,261	$1,920	4.1%	3.1%	23.9%
$563,988	$2,060	4.4%	3.0%	30.7%
$583,166	$1,740	3.6%	2.9%	19.6%
$673,366	$1,860	3.3%	2.6%	20.5%
$695,430	$1,780	3.1%	2.6%	15.4%
$728,329	$1,900	3.1%	2.5%	21.7%
$1,004,155	$1,760	2.1%	2.4%	-12.9%

Demographics

Owner-occupied

64.4%

Census ACS

Vacancy rate

7.5%

Census ACS

Bachelor's degree +

56.3%

Census ACS

Rent burdened

45.6%

Census ACS (>30% income)

Median age

37.2

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 16, 2026

Wake County

See all 32 ZIPs ranked by yield and cap rate