ZIP Code Market Report
ZIP Code 29229
Get a rent estimate for an address in 29229Rental Market
Avg Rent
$2,068
per month
Median Rent
$1,995
per month
Active Rentals
173
listings
Avg Days Listed
54.66
days on market
Home Sale Market
Avg Sale Price
$292K
median $269K
Price Range
$23K
to $1.75M
Homes for Sale
383
listings
Avg Days Listed
55.96
days on market
Key Facts — ZIP 29229
- Average rent in 29229: $2,068/mo
- Median rent in 29229: $1,995/mo
- Rent range: $869 – $7,150/mo
- Active rentals: 173 listings
- Rental days on market: 54.66 days
- Average home sale price: $292K
- Median home sale price: $269K
- Home price range: $23K – $1.75M
- Homes for sale: 383 listings
- Est. gross rent yield: 8.5%/yr (avg rent ÷ avg sale price, before expenses)
Frequently Asked Questions — 29229
What is the average rent in ZIP code 29229?
The average rent in ZIP code 29229 (ZIP code 29229) is $2,068/mo. The median rent is $1,995/mo, with active listings ranging from $869 to $7,150/mo.
What is the rent-to-price yield in ZIP code 29229?
At an average rent of $2,068/mo and average sale price of $292K, the implied gross rent yield in ZIP code 29229 is 8.5% 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 29229 a good area to rent in?
ZIP code 29229 is a US residential area. With 173 active rental listings and an average of 54.66 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 29229
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