ZIP Code Market Report

ZIP Code 29406

Get a rent estimate for an address in 29406

Rental 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 3โ€“5 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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