Rent, population, and median household income are important factors to consider for a 1031 exchange in Oceanside due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Oceanside, California is a part of the Oceanside Submarket submarket area, and contains 7 zip codes, including: 92052, 92056, 92049, 92054, 92051, and 92057.
Oceanside Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Oceanside, CA submarket area was $1,778, which is 34.70% higher than 2014 average rent. This represents a compounded annual growth rate of 6.14%. 2019 vacancy in Oceanside, CA was 2.80%.
The total population of the city of Oceanside, CA has grown 5.38% since 2010. As of 2018, the population was 176,080. The median household income of the Oceanside was $68,652, which is 13.86% higher than the national average.
- submarket area Oceanside Submarket
- avg rent $1,778
- rent growth 34.70%
- vacancy 2.80%
- median income $68,652
- population (2018) 176,080
- population growth 5.38%
- vs. nat'l avg 13.86%
- zip codes 92049 92051 92052 92054 92056 92057 92058
