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