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%