1031 Exchange La Quinta, California

 

Surrounding submarket Area

La Quinta, California is a part of the Indio/La Quinta/Coachella Submarket submarket area, and contains 3 zip codes: 92247, 92248, and 92253.

La Quinta Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the La Quinta, CA submarket area was $1,163, which is 22.94% higher than 2014 average rent. This represents a compounded annual growth rate of 4.22%. 2019 vacancy in La Quinta, CA was 2.30%.

The total population of the city of La Quinta, CA has grown 10.86% since 2010. As of 2018, the population was 41,535. The median household income of the La Quinta was $79,889, which is 32.50% higher than the national average.

  • submarket area Indio / La Quinta / Coachella Submarket
  • avg rent $1,163
  • rent growth 22.94%
  • vacancy 2.30%
  • median income $79,889
  • population (2018) 41,535
  • population growth 10.86%
  • vs. nat'l avg 32.50%
  • zip codes 92247 92248 92253

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