1031 Exchange Southwest Ranches, Florida

 

Surrounding submarket Area

Southwest Ranches, Florida is a part of the Davie Submarket submarket area.

Southwest Ranches Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Southwest Ranches, FL submarket area was $1,790, which is 28.50% higher than 2014 average rent. This represents a compounded annual growth rate of 5.14%. 2019 vacancy in Southwest Ranches, FL was 4.90%.

The total population of the city of Southwest Ranches, FL has grown 8.66% since 2010. As of 2018, the population was 7,981. The median household income of the Southwest Ranches was $104,083, which is 72.63% higher than the national average.

  • submarket area Davie Submarket
  • avg rent $1,790
  • rent growth 28.50%
  • vacancy 4.90%
  • median income $104,083
  • population (2018) 7,981
  • population growth 8.66%
  • vs. nat'l avg 72.63%

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