1031 Exchange San Bernardino, California

 

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

Surrounding metropolitan Area

San Bernardino, California is a part of the Riverside-San Bernardino-Ontario, CA metropolitan area, and contains 30 zip codes, including: 92403, 92423, 92504, 92402, 92404, and 92410.

San Bernardino Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the San Bernardino, CA metropolitan area was $1,369, which is 23.67% lower than 2014 average rent. This represents a compounded annual growth rate of 4.34%. 2019 vacancy in San Bernardino, CA was 4.10%.

The total population of the city of San Bernardino, CA has grown 2.87% since 2010. As of 2018, the population was 215,941. The median household income of the San Bernardino was $43,136, which is 28.46% lower than the national average.

  • metropolitan area Riverside-San Bernardino-Ontario, CA
  • avg rent $1,369
  • rent growth 23.67%
  • vacancy 4.10%
  • median income $43,136
  • population (2018) 215,941
  • population growth 2.87%
  • vs. nat'l avg 28.46%
  • zip codes 92401 92402 92403 92404 92405 92406 92407 92408 92410 92411 92413 92415 92418 92423 92427 92501 92502 92503 92504 92505 92506 92507 92508 92513 92514 92516 92517 92519 92521 92522

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