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1031 Exchange Cypress, California

 

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

Surrounding submarket Area

Cypress, California is a part of the Buena Park Submarket submarket area, and contains zip code 90630.

Cypress Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Cypress, CA submarket area was $1,599, which is 13.89% higher than 2014 average rent. This represents a compounded annual growth rate of 2.64%. 2019 vacancy in Cypress, CA was 1.80%.

The total population of the city of Cypress, CA has grown 2.42% since 2010. As of 2018, the population was 48,958. The median household income of the Cypress was $92,208, which is 52.93% higher than the national average.

  • submarket area Buena Park Submarket
  • avg rent $1,599
  • rent growth 13.89%
  • vacancy 1.80%
  • median income $92,208
  • population (2018) 48,958
  • population growth 2.42%
  • vs. nat'l avg 52.93%
  • zip code 90630

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