Surrounding submarket Area
Sanford, Florida is a part of the Far North Submarket submarket area, and contains 3 zip codes: 32771, 32772, and 32773.
Sanford Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Sanford, FL submarket area was $1,365, which is 33.30% lower than 2014 average rent. This represents a compounded annual growth rate of 5.92%. 2019 vacancy in Sanford, FL was 5.00%.
The total population of the city of Sanford, FL has grown 12.07% since 2010. As of 2018, the population was 60,035. The median household income of the Sanford was $45,733, which is 24.15% lower than the national average.
- submarket area Far North Submarket
- avg rent $1,365
- rent growth 33.30%
- vacancy 5.00%
- median income $45,733
- population (2018) 60,035
- population growth 12.07%
- vs. nat'l avg 24.15%
- zip codes 32771 32772 32773