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