ZIP Code Market Report
ZIP Code 29505
Get a rent estimate for an address in 29505Rental 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 3โ5 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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