ZIP Code Market Report

ZIP Code 29505

Get a rent estimate for an address in 29505

Rental Market

Avg Rent

$1,511

per month

Median Rent

$1,400

per month

Active Rentals

56

listings

Avg Days Listed

33.87

days on market

Home Sale Market

Avg Sale Price

$281K

median $269K

Price Range

$19K

to $2.80M

Homes for Sale

186

listings

Avg Days Listed

64.88

days on market

Key Facts โ€” ZIP 29505

  • Average rent in 29505: $1,511/mo
  • Median rent in 29505: $1,400/mo
  • Rent range: $975 โ€“ $2,600/mo
  • Active rentals: 56 listings
  • Rental days on market: 33.87 days
  • Average home sale price: $281K
  • Median home sale price: $269K
  • Home price range: $19K โ€“ $2.80M
  • Homes for sale: 186 listings
  • Est. gross rent yield: 6.4%/yr (avg rent รท avg sale price, before expenses)

Frequently Asked Questions โ€” 29505

What is the average rent in ZIP code 29505?

The average rent in ZIP code 29505 (ZIP code 29505) is $1,511/mo. The median rent is $1,400/mo, with active listings ranging from $975 to $2,600/mo.

What is the rent-to-price yield in ZIP code 29505?

At an average rent of $1,511/mo and average sale price of $281K, the implied gross rent yield in ZIP code 29505 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 29505 a good area to rent in?

ZIP code 29505 is a US residential area. With 56 active rental listings and an average of 33.87 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 29505

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

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