ZIP Code Market Report
ZIP Code 29307
Get a rent estimate for an address in 29307Rental Market
Avg Rent
$1,242
per month
Median Rent
$999
per month
Active Rentals
41
listings
Avg Days Listed
46.79
days on market
Home Sale Market
Avg Sale Price
$304K
median $265K
Price Range
$14K
to $2.90M
Homes for Sale
261
listings
Avg Days Listed
74.53
days on market
Key Facts โ ZIP 29307
- Average rent in 29307: $1,242/mo
- Median rent in 29307: $999/mo
- Rent range: $750 โ $2,300/mo
- Active rentals: 41 listings
- Rental days on market: 46.79 days
- Average home sale price: $304K
- Median home sale price: $265K
- Home price range: $14K โ $2.90M
- Homes for sale: 261 listings
- Est. gross rent yield: 4.9%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29307
What is the average rent in ZIP code 29307?
The average rent in ZIP code 29307 (ZIP code 29307) is $1,242/mo. The median rent is $999/mo, with active listings ranging from $750 to $2,300/mo.
What is the rent-to-price yield in ZIP code 29307?
At an average rent of $1,242/mo and average sale price of $304K, the implied gross rent yield in ZIP code 29307 is 4.9% 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 29307 a good area to rent in?
ZIP code 29307 is a US residential area. With 41 active rental listings and an average of 46.79 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 29307
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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