1031 Exchange Arlington, Texas

 

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

Surrounding submarket Area

Arlington, Texas is a part of the Central Arlington submarket area, and contains 19 zip codes, including: 76017, 76013, 76011, 76010, 76016, and 76001.

Arlington Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Arlington, TX submarket area was $786, which is 23.00% lower than 2014 average rent. This represents a compounded annual growth rate of 4.23%. 2019 vacancy in Arlington, TX was 2.40%.

The total population of the city of Arlington, TX has grown 8.94% since 2010. As of 2018, the population was 398,112. The median household income of the Arlington was $58,502, which is 2.97% lower than the national average.

  • submarket area Central Arlington
  • avg rent $786
  • rent growth 23.00%
  • vacancy 2.40%
  • median income $58,502
  • population (2018) 398,112
  • population growth 8.94%
  • vs. nat'l avg 2.97%
  • zip codes 76001 76002 76003 76004 76005 76006 76007 76010 76011 76012 76013 76014 76015 76016 76017 76018 76019 76094 76096

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