vi

1031 Exchange Shrewsbury, Missouri

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Shrewsbury due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Shrewsbury, Missouri is a part of the East of I-44 Submarket submarket area.

Shrewsbury Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Shrewsbury, MO submarket area was $755, which is 13.36% lower than 2014 average rent. This represents a compounded annual growth rate of 2.54%. 2019 vacancy in Shrewsbury, MO was 2.00%.

The total population of the city of Shrewsbury, MO has decreased 2.24% since 2010. As of 2018, the population was 6,114. The median household income of the Shrewsbury was $55,804, which is 7.45% lower than the national average.

  • submarket area East of I-44 Submarket
  • avg rent $755
  • rent growth 13.36%
  • vacancy 2.00%
  • median income $55,804
  • population (2018) 6,114
  • population growth -2.24%
  • vs. nat'l avg 7.45%

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities