1031 Exchange Glendale, California

 

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

Surrounding submarket Area

Glendale, California is a part of the South Glendale/Highland Park submarket area, and contains 14 zip codes, including: 91210, 91203, 91208, 91204, 91225, and 91201.

Glendale Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Glendale, CA submarket area was $1,970, which is 41.02% higher than 2014 average rent. This represents a compounded annual growth rate of 7.12%. 2019 vacancy in Glendale, CA was 4.50%.

The total population of the city of Glendale, CA has grown 5.03% since 2010. As of 2018, the population was 201,361. The median household income of the Glendale was $62,531, which is 3.71% higher than the national average.

  • submarket area South Glendale / Highland Park
  • avg rent $1,970
  • rent growth 41.02%
  • vacancy 4.50%
  • median income $62,531
  • population (2018) 201,361
  • population growth 5.03%
  • vs. nat'l avg 3.71%
  • zip codes 91201 91202 91203 91204 91205 91206 91207 91208 91209 91210 91221 91222 91225 91226

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