ZIP Code Market Report
ZIP Code 29640
Get a rent estimate for an address in 29640Rental Market
Avg Rent
$1,505
per month
Median Rent
$1,450
per month
Active Rentals
46
listings
Avg Days Listed
29.55
days on market
Home Sale Market
Avg Sale Price
$342K
median $295K
Price Range
$29K
to $1.74M
Homes for Sale
287
listings
Avg Days Listed
61.25
days on market
Key Facts โ ZIP 29640
- Average rent in 29640: $1,505/mo
- Median rent in 29640: $1,450/mo
- Rent range: $795 โ $2,299/mo
- Active rentals: 46 listings
- Rental days on market: 29.55 days
- Average home sale price: $342K
- Median home sale price: $295K
- Home price range: $29K โ $1.74M
- Homes for sale: 287 listings
- Est. gross rent yield: 5.3%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29640
What is the average rent in ZIP code 29640?
The average rent in ZIP code 29640 (ZIP code 29640) is $1,505/mo. The median rent is $1,450/mo, with active listings ranging from $795 to $2,299/mo.
What is the rent-to-price yield in ZIP code 29640?
At an average rent of $1,505/mo and average sale price of $342K, the implied gross rent yield in ZIP code 29640 is 5.3% 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 29640 a good area to rent in?
ZIP code 29640 is a US residential area. With 46 active rental listings and an average of 29.55 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 29640
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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