Rent, population, and median household income are important factors to consider for a 1031 exchange in Maplewood due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Maplewood, Missouri is a part of the Clayton/Mid-County Submarket submarket area.
Maplewood Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Maplewood, MO submarket area was $1,323, which is 39.70% lower than 2014 average rent. This represents a compounded annual growth rate of 6.92%. 2019 vacancy in Maplewood, MO was 5.90%.
The total population of the city of Maplewood, MO has grown 0.66% since 2010. As of 2018, the population was 8,099. The median household income of the Maplewood was $45,095, which is 25.21% lower than the national average.
- submarket area Clayton / Mid-County Submarket
- avg rent $1,323
- rent growth 39.70%
- vacancy 5.90%
- median income $45,095
- population (2018) 8,099
- population growth 0.66%
- vs. nat'l avg 25.21%