RentYield Atlas

ZIP 28655 — Morganton, NC: rental yield & market data

Gross rental yield of 6.06% — ranked #116 of 255 North Carolina ZIP codes. June 2026 data.

Gross rental yield
6.06%
Home value
$266,039
Market rent / mo
$1,344
Price-to-rent
16.5

Trend

Metric1-year change5-year change
Home value+2.3% +30.4%
Market rent

Metro: Hickory-Lenoir-Morganton, NC · County: Burke County · Annual rent: $16,128

Comparable ZIP codes in North Carolina

Similar home values, sorted by yield — the cheapest way to see if 28655 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
27127Winston-SalemNC$262,765$1,7548.01%12.5+0.8%
28348Hope MillsNC$267,973$1,6657.46%13.4+0.8%
28658NewtonNC$262,242$1,5807.23%13.8+1.0%
28001AlbemarleNC$267,561$1,5016.73%14.9+1.0%
28540JacksonvilleNC$261,825$1,4386.59%15.2+3.9%
27858GreenvilleNC$268,601$1,4186.33%15.8+2.4%
28546JacksonvilleNC$270,206$1,3826.14%16.3+3.0%
27856NashvilleNC$262,473$1,2605.76%17.4+1.0%

Top rental yields in all of North Carolina →

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