ZIP Code Market Report
ZIP Code 29209
Get a rent estimate for an address in 29209Rental Market
Avg Rent
$1,675
per month
Median Rent
$1,640
per month
Active Rentals
169
listings
Avg Days Listed
29.42
days on market
Home Sale Market
Avg Sale Price
$301K
median $255K
Price Range
$5K
to $5.00M
Homes for Sale
287
listings
Avg Days Listed
56.51
days on market
Key Facts โ ZIP 29209
- Average rent in 29209: $1,675/mo
- Median rent in 29209: $1,640/mo
- Rent range: $800 โ $2,850/mo
- Active rentals: 169 listings
- Rental days on market: 29.42 days
- Average home sale price: $301K
- Median home sale price: $255K
- Home price range: $5K โ $5.00M
- Homes for sale: 287 listings
- Est. gross rent yield: 6.7%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29209
What is the average rent in ZIP code 29209?
The average rent in ZIP code 29209 (ZIP code 29209) is $1,675/mo. The median rent is $1,640/mo, with active listings ranging from $800 to $2,850/mo.
What is the rent-to-price yield in ZIP code 29209?
At an average rent of $1,675/mo and average sale price of $301K, the implied gross rent yield in ZIP code 29209 is 6.7% annually. This is a pre-expense figure โ it does not account for property taxes, maintenance, insurance, vacancy, or management fees. Net yields are typically 3โ5 percentage points lower. Run a full Rent Report analysis on a specific property for a complete cash-flow model.
Is 29209 a good area to rent in?
ZIP code 29209 is a US residential area. With 169 active rental listings and an average of 29.42 days on market, rental demand is currently moderate. Use Rent Report to analyze any specific property in this ZIP for a comp-backed rent estimate and full investment analysis.
Analyze a property in 29209
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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