ZIP Code Market Report

ZIP Code 29209

Get a rent estimate for an address in 29209

Rental 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 3โ€“5 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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