Rent, population, and median household income are important factors to consider for a 1031 exchange in Rancho Cucamonga due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Rancho Cucamonga, California is a part of the Rancho Cucamonga Submarket submarket area, and contains 5 zip codes: 91737, 91729, 91739, 91730, and 91701.
Rancho Cucamonga Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Rancho Cucamonga, CA submarket area was $1,699, which is 15.66% higher than 2014 average rent. This represents a compounded annual growth rate of 2.95%. 2019 vacancy in Rancho Cucamonga, CA was 2.80%.
The total population of the city of Rancho Cucamonga, CA has grown 7.55% since 2010. As of 2018, the population was 177,751. The median household income of the Rancho Cucamonga was $86,335, which is 43.19% higher than the national average.
- submarket area Rancho Cucamonga Submarket
- avg rent $1,699
- rent growth 15.66%
- vacancy 2.80%
- median income $86,335
- population (2018) 177,751
- population growth 7.55%
- vs. nat'l avg 43.19%
- zip codes 91701 91729 91730 91737 91739