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1031 Exchange Brentwood, California

 

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

Surrounding submarket Area

Brentwood, California is a part of the East Contra Costa Submarket submarket area, and contains zip code 94513.

Brentwood Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Brentwood, CA submarket area was $1,916, which is 40.06% higher than 2014 average rent. This represents a compounded annual growth rate of 6.97%. 2019 vacancy in Brentwood, CA was 3.50%.

The total population of the city of Brentwood, CA has grown 23.93% since 2010. As of 2018, the population was 63,800. The median household income of the Brentwood was $103,771, which is 72.11% higher than the national average.

  • submarket area East Contra Costa Submarket
  • avg rent $1,916
  • rent growth 40.06%
  • vacancy 3.50%
  • median income $103,771
  • population (2018) 63,800
  • population growth 23.93%
  • vs. nat'l avg 72.11%
  • zip code 94513

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