1031 Exchange Surpise, Arizona
Arizona Opportunity Zones

Surrounding submarket Area

Surpise, Arizona is a part of the Peoria/Sun City/Surprise Submarket submarket area, and contains 5 zip codes: 85388, 85378, 85374, 85379, and 85387.

Surpise Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Surpise, AZ submarket area was $1,085, which is 25.72% higher than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in Surpise, AZ was 4.60%.

The total population of the city of Surpise, AZ has grown 17.57% since 2010. As of 2018, the population was 138,161. The median household income of the Surpise was $65,160, which is 8.07% higher than the national average.

  • submarket area Peoria / Sun City / Surprise Submarket
  • avg rent $1,085
  • rent growth 25.72%
  • vacancy 4.60%
  • median income $65,160
  • population (2018) 138,161
  • population growth 17.57%
  • vs. nat'l avg 8.07%
  • zip codes 85374 85378 85379 85387 85388

Compare DST Properties Side-By-Side
Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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