ZIP Code Market Report
ZIP Code 29401
Get a rent estimate for an address in 29401Rental Market
Avg Rent
$4,542
per month
Median Rent
$4,000
per month
Active Rentals
217
listings
Avg Days Listed
26.8
days on market
Home Sale Market
Avg Sale Price
$2.63M
median $2.00M
Price Range
$55K
to $8.99M
Homes for Sale
143
listings
Avg Days Listed
70.1
days on market
Key Facts — ZIP 29401
- Average rent in 29401: $4,542/mo
- Median rent in 29401: $4,000/mo
- Rent range: $700 – $10,000/mo
- Active rentals: 217 listings
- Rental days on market: 26.8 days
- Average home sale price: $2.63M
- Median home sale price: $2.00M
- Home price range: $55K – $8.99M
- Homes for sale: 143 listings
- Est. gross rent yield: 2.1%/yr (avg rent ÷ avg sale price, before expenses)
Frequently Asked Questions — 29401
What is the average rent in ZIP code 29401?
The average rent in ZIP code 29401 (ZIP code 29401) is $4,542/mo. The median rent is $4,000/mo, with active listings ranging from $700 to $10,000/mo.
What is the rent-to-price yield in ZIP code 29401?
At an average rent of $4,542/mo and average sale price of $2.63M, the implied gross rent yield in ZIP code 29401 is 2.1% 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 29401 a good area to rent in?
ZIP code 29401 is a US residential area. With 217 active rental listings and an average of 26.8 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 29401
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