Most Affordable ZIP Codes in Kill Devil Hills, NC (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 27978 Stumpy Point, NC $340,072 $1,188 2.72% 4.3%
2 27981 Wanchese, NC $369,721 $1,278 2.70% 5.9%
3 27920 Frisco, NC $465,079 $1,287 2.16% 5.1%
4 27954 Manteo, NC $516,962 $1,278 1.93% 5.0%
5 27943 Hatteras, NC $521,428 $1,656 2.48% 4.7%
6 27936 Frisco, NC $523,004 $1,656 2.47% 5.8%
7 27972 Salvo, NC $647,059 $1,287 1.55% 5.3%
8 27982 Rodanthe, NC $659,379 $1,287 1.52% 5.3%
9 27949 Southern Shores, NC $789,742 $1,449 1.43% 6.1%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →