1031 Exchange Ontario, California

 

Surrounding submarket Area

Ontario, California is a part of the North Ontario Submarket submarket area, and contains 4 zip codes: 91762, 91758, 91761, and 91764.

Ontario Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Ontario, CA submarket area was $1,546, which is 28.41% higher than 2014 average rent. This represents a compounded annual growth rate of 5.13%. 2019 vacancy in Ontario, CA was 3.80%.

The total population of the city of Ontario, CA has grown 10.48% since 2010. As of 2018, the population was 181,107. The median household income of the Ontario was $61,602, which is 2.17% higher than the national average.

  • submarket area North Ontario Submarket
  • avg rent $1,546
  • rent growth 28.41%
  • vacancy 3.80%
  • median income $61,602
  • population (2018) 181,107
  • population growth 10.48%
  • vs. nat'l avg 2.17%
  • zip codes 91758 91761 91762 91764

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