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1031 Exchange Rialto, California

 

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

Surrounding submarket Area

Rialto, California is a part of the Fontana/Rialto Submarket submarket area, and contains zip codes 92376 and 92377.

Rialto Demographics & Economic Trends

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

The total population of the city of Rialto, CA has grown 4.30% since 2010. As of 2018, the population was 103,440. The median household income of the Rialto was $58,061, which is 3.70% lower than the national average.

  • submarket area Fontana / Rialto Submarket
  • avg rent $1,212
  • rent growth 15.32%
  • vacancy 1.90%
  • median income $58,061
  • population (2018) 103,440
  • population growth 4.30%
  • vs. nat'l avg 3.70%
  • zip codes 92376 92377

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