ZIP Code Market Report
ZIP Code 29223
Get a rent estimate for an address in 29223Rental Market
Avg Rent
$1,682
per month
Median Rent
$1,700
per month
Active Rentals
153
listings
Avg Days Listed
49.97
days on market
Home Sale Market
Avg Sale Price
$279K
median $229K
Price Range
$5K
to $1.50M
Homes for Sale
339
listings
Avg Days Listed
72.6
days on market
Key Facts — ZIP 29223
- Average rent in 29223: $1,682/mo
- Median rent in 29223: $1,700/mo
- Rent range: $795 – $4,000/mo
- Active rentals: 153 listings
- Rental days on market: 49.97 days
- Average home sale price: $279K
- Median home sale price: $229K
- Home price range: $5K – $1.50M
- Homes for sale: 339 listings
- Est. gross rent yield: 7.2%/yr (avg rent ÷ avg sale price, before expenses)
Frequently Asked Questions — 29223
What is the average rent in ZIP code 29223?
The average rent in ZIP code 29223 (ZIP code 29223) is $1,682/mo. The median rent is $1,700/mo, with active listings ranging from $795 to $4,000/mo.
What is the rent-to-price yield in ZIP code 29223?
At an average rent of $1,682/mo and average sale price of $279K, the implied gross rent yield in ZIP code 29223 is 7.2% annually. This is a pre-expense figure — it does not account for property taxes, maintenance, insurance, vacancy, or management fees. Net yields are typically 3–5 percentage points lower. Run a full Rent Report analysis on a specific property for a complete cash-flow model.
Is 29223 a good area to rent in?
ZIP code 29223 is a US residential area. With 153 active rental listings and an average of 49.97 days on market, rental demand is currently soft. 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 29223
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