ZIP Code Market Report
ZIP Code 29906
Get a rent estimate for an address in 29906Rental 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 3โ5 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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