ZIP Code Market Report
ZIP Code 29406
Get a rent estimate for an address in 29406Rental Market
Avg Rent
$1,684
per month
Median Rent
$1,612
per month
Active Rentals
452
listings
Avg Days Listed
14.91
days on market
Home Sale Market
Avg Sale Price
$317K
median $325K
Price Range
$85K
to $880K
Homes for Sale
159
listings
Avg Days Listed
71.81
days on market
Key Facts โ ZIP 29406
- Average rent in 29406: $1,684/mo
- Median rent in 29406: $1,612/mo
- Rent range: $875 โ $3,000/mo
- Active rentals: 452 listings
- Rental days on market: 14.91 days
- Average home sale price: $317K
- Median home sale price: $325K
- Home price range: $85K โ $880K
- Homes for sale: 159 listings
- Est. gross rent yield: 6.4%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29406
What is the average rent in ZIP code 29406?
The average rent in ZIP code 29406 (ZIP code 29406) is $1,684/mo. The median rent is $1,612/mo, with active listings ranging from $875 to $3,000/mo.
What is the rent-to-price yield in ZIP code 29406?
At an average rent of $1,684/mo and average sale price of $317K, the implied gross rent yield in ZIP code 29406 is 6.4% 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 29406 a good area to rent in?
ZIP code 29406 is a US residential area. With 452 active rental listings and an average of 14.91 days on market, rental demand is currently high. 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 29406
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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