1031 Exchange Oakland Park, Florida

 

Surrounding submarket Area

Oakland Park, Florida is a part of the Oakland Park Submarket submarket area.

Oakland Park Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Oakland Park, FL submarket area was $1,472, which is 41.13% lower than 2014 average rent. This represents a compounded annual growth rate of 7.13%. 2019 vacancy in Oakland Park, FL was 7.10%.

The total population of the city of Oakland Park, FL has grown 9.61% since 2010. As of 2018, the population was 45,339. The median household income of the Oakland Park was $50,380, which is 16.44% lower than the national average.

  • submarket area Oakland Park Submarket
  • avg rent $1,472
  • rent growth 41.13%
  • vacancy 7.10%
  • median income $50,380
  • population (2018) 45,339
  • population growth 9.61%
  • vs. nat'l avg 16.44%

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Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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