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1031 Exchange Glendale, Colorado

 

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

Surrounding submarket Area

Glendale, Colorado is a part of the Denver-Southeast Submarket submarket area.

Glendale Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Glendale, CO submarket area was $1,258, which is 33.26% lower than 2014 average rent. This represents a compounded annual growth rate of 5.91%. 2019 vacancy in Glendale, CO was 3.90%.

The total population of the city of Glendale, CO has grown 23.57% since 2010. As of 2018, the population was 5,170. The median household income of the Glendale was $51,026, which is 15.37% lower than the national average.

  • submarket area Denver-Southeast Submarket
  • avg rent $1,258
  • rent growth 33.26%
  • vacancy 3.90%
  • median income $51,026
  • population (2018) 5,170
  • population growth 23.57%
  • vs. nat'l avg 15.37%

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