ZIP Code Market Report

ZIP Code 29906

Get a rent estimate for an address in 29906

Rental Market

Avg Rent

$2,252

per month

Median Rent

$2,375

per month

Active Rentals

77

listings

Avg Days Listed

42.29

days on market

Home Sale Market

Avg Sale Price

$525K

median $389K

Price Range

$89K

to $8.00M

Homes for Sale

239

listings

Avg Days Listed

93.24

days on market

Key Facts โ€” ZIP 29906

  • Average rent in 29906: $2,252/mo
  • Median rent in 29906: $2,375/mo
  • Rent range: $650 โ€“ $4,850/mo
  • Active rentals: 77 listings
  • Rental days on market: 42.29 days
  • Average home sale price: $525K
  • Median home sale price: $389K
  • Home price range: $89K โ€“ $8.00M
  • Homes for sale: 239 listings
  • Est. gross rent yield: 5.1%/yr (avg rent รท avg sale price, before expenses)

Frequently Asked Questions โ€” 29906

What is the average rent in ZIP code 29906?

The average rent in ZIP code 29906 (ZIP code 29906) is $2,252/mo. The median rent is $2,375/mo, with active listings ranging from $650 to $4,850/mo.

What is the rent-to-price yield in ZIP code 29906?

At an average rent of $2,252/mo and average sale price of $525K, the implied gross rent yield in ZIP code 29906 is 5.1% 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 29906 a good area to rent in?

ZIP code 29906 is a US residential area. With 77 active rental listings and an average of 42.29 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 29906

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

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