Rent, population, and median household income are important factors to consider for a 1031 exchange in Aliso Viejo due to their correlations with market demand, and conversely, vacancy rate.
Surrounding submarket Area
Aliso Viejo, California is a part of the Laguna Beach/Dana Point Submarket submarket area, and contains zip codes 92656 and 92698.
Aliso Viejo Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Aliso Viejo, CA submarket area was $2,180, which is 19.32% higher than 2014 average rent. This represents a compounded annual growth rate of 3.60%. 2019 vacancy in Aliso Viejo, CA was 3.00%.
The total population of the city of Aliso Viejo, CA has grown 8.28% since 2010. As of 2018, the population was 51,783. The median household income of the Aliso Viejo was $108,558, which is 80.05% higher than the national average.
- submarket area Laguna Beach / Dana Point Submarket
- avg rent $2,180
- rent growth 19.32%
- vacancy 3.00%
- median income $108,558
- population (2018) 51,783
- population growth 8.28%
- vs. nat'l avg 80.05%
- zip codes 92656 92698