Rent, population, and median household income are important factors to consider for a 1031 exchange in Stillwater due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
The Stillwater, Oklahoma metropolitan area contains 5 zip codes: 74077, 74075, 74075, 74078, and 74074.
Stillwater Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Stillwater, OK metropolitan area was $617, which is 3.35% lower than 2014 average rent. This represents a compounded annual growth rate of 0.66%. 2019 vacancy in Stillwater, OK was 9.30%.
The total population of the city of Stillwater, OK has grown 10.29% since 2010. As of 2018, the population was 50,391. The median household income of the Stillwater was $31,808, which is 47.24% lower than the national average.
- metropolitan area
- avg rent $617
- rent growth 3.35%
- vacancy 9.30%
- median income $31,808
- population (2018) 50,391
- population growth 10.29%
- vs. nat'l avg 47.24%
- zip codes 74074 74075 74075 74077 74078
