Rent, population, and median household income are important factors to consider for a 1031 exchange in Fort Collins due to their correlations with market demand, and conversely, vacancy rate.
Surrounding metropolitan Area
Fort Collins, Colorado is a part of the Fort Collins, CO metropolitan area, and contains 9 zip codes, including: 80524, 80521, 80553, 80526, 80525, and 80522.
Fort Collins Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Fort Collins, CO metropolitan area was $1,315, which is 30.46% higher than 2014 average rent. This represents a compounded annual growth rate of 5.46%. 2019 vacancy in Fort Collins, CO was 3.10%.
The total population of the city of Fort Collins, CO has grown 16.56% since 2010. As of 2018, the population was 167,830. The median household income of the Fort Collins was $62,132, which is 3.05% higher than the national average.
- metropolitan area Fort Collins, CO
- avg rent $1,315
- rent growth 30.46%
- vacancy 3.10%
- median income $62,132
- population (2018) 167,830
- population growth 16.56%
- vs. nat'l avg 3.05%
- zip codes 80521 80522 80523 80524 80525 80526 80527 80528 80553
