1031 Exchange Fontana, California

 

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

Surrounding submarket Area

Fontana, California is a part of the Fontana/Rialto Submarket submarket area, and contains 5 zip codes: 92337, 92334, 92335, 92336, and 92331.

Fontana Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Fontana, CA submarket area was $1,212, which is 15.32% higher than 2014 average rent. This represents a compounded annual growth rate of 2.89%. 2019 vacancy in Fontana, CA was 1.90%.

The total population of the city of Fontana, CA has grown 9.01% since 2010. As of 2018, the population was 213,739. The median household income of the Fontana was $70,789, which is 17.41% higher than the national average.

  • submarket area Fontana / Rialto Submarket
  • avg rent $1,212
  • rent growth 15.32%
  • vacancy 1.90%
  • median income $70,789
  • population (2018) 213,739
  • population growth 9.01%
  • vs. nat'l avg 17.41%
  • zip codes 92331 92334 92335 92336 92337

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