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