ZIP Code Market Report

ZIP Code 29609

Get a rent estimate for an address in 29609

Rental 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 3โ€“5 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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