ZIP Code Market Report
ZIP Code 29609
Get a rent estimate for an address in 29609Rental Market
Avg Rent
$1,727
per month
Median Rent
$1,495
per month
Active Rentals
107
listings
Avg Days Listed
35.48
days on market
Home Sale Market
Avg Sale Price
$651K
median $460K
Price Range
$5K
to $3.40M
Homes for Sale
287
listings
Avg Days Listed
76.31
days on market
Key Facts โ ZIP 29609
- Average rent in 29609: $1,727/mo
- Median rent in 29609: $1,495/mo
- Rent range: $749 โ $5,750/mo
- Active rentals: 107 listings
- Rental days on market: 35.48 days
- Average home sale price: $651K
- Median home sale price: $460K
- Home price range: $5K โ $3.40M
- Homes for sale: 287 listings
- Est. gross rent yield: 3.2%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29609
What is the average rent in ZIP code 29609?
The average rent in ZIP code 29609 (ZIP code 29609) is $1,727/mo. The median rent is $1,495/mo, with active listings ranging from $749 to $5,750/mo.
What is the rent-to-price yield in ZIP code 29609?
At an average rent of $1,727/mo and average sale price of $651K, the implied gross rent yield in ZIP code 29609 is 3.2% 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 29609 a good area to rent in?
ZIP code 29609 is a US residential area. With 107 active rental listings and an average of 35.48 days on market, rental demand is currently soft. 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 29609
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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