ZIP Code Market Report

ZIP Code 29407

Get a rent estimate for an address in 29407

Rental Market

Avg Rent

$1,957

per month

Median Rent

$1,737

per month

Active Rentals

321

listings

Avg Days Listed

16.91

days on market

Home Sale Market

Avg Sale Price

$798K

median $600K

Price Range

$181K

to $5.25M

Homes for Sale

211

listings

Avg Days Listed

55.66

days on market

Key Facts โ€” ZIP 29407

  • Average rent in 29407: $1,957/mo
  • Median rent in 29407: $1,737/mo
  • Rent range: $997 โ€“ $8,490/mo
  • Active rentals: 321 listings
  • Rental days on market: 16.91 days
  • Average home sale price: $798K
  • Median home sale price: $600K
  • Home price range: $181K โ€“ $5.25M
  • Homes for sale: 211 listings
  • Est. gross rent yield: 2.9%/yr (avg rent รท avg sale price, before expenses)

Frequently Asked Questions โ€” 29407

What is the average rent in ZIP code 29407?

The average rent in ZIP code 29407 (ZIP code 29407) is $1,957/mo. The median rent is $1,737/mo, with active listings ranging from $997 to $8,490/mo.

What is the rent-to-price yield in ZIP code 29407?

At an average rent of $1,957/mo and average sale price of $798K, the implied gross rent yield in ZIP code 29407 is 2.9% 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 3โ€“5 percentage points lower. Run a full Rent Report analysis on a specific property for a complete cash-flow model.

Is 29407 a good area to rent in?

ZIP code 29407 is a US residential area. With 321 active rental listings and an average of 16.91 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 29407

Get a full investment analysis โ€” cash flow, cap rate, rent comps โ€” for any address in this zip code.

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