1031 Exchange Brea, California

 

Surrounding submarket Area

Brea, California is a part of the Brea Submarket submarket area, and contains 3 zip codes: 92823, 92821, and 92822.

Brea Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Brea, CA submarket area was $1,833, which is 24.86% higher than 2014 average rent. This represents a compounded annual growth rate of 4.54%. 2019 vacancy in Brea, CA was 3.20%.

The total population of the city of Brea, CA has grown 10.99% since 2010. As of 2018, the population was 43,601. The median household income of the Brea was $93,703, which is 55.41% higher than the national average.

  • submarket area Brea Submarket
  • avg rent $1,833
  • rent growth 24.86%
  • vacancy 3.20%
  • median income $93,703
  • population (2018) 43,601
  • population growth 10.99%
  • vs. nat'l avg 55.41%
  • zip codes 92821 92822 92823

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