Surrounding submarket Area
Redondo Beach, California is a part of the El Segundo/Hermosa Beach/Redondo Beach Submarket submarket area, and contains zip codes 90277 and 90278.
Redondo Beach Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Redondo Beach, CA submarket area was $2,318, which is 20.35% higher than 2014 average rent. This represents a compounded annual growth rate of 3.77%. 2019 vacancy in Redondo Beach, CA was 4.00%.
The total population of the city of Redondo Beach, CA has grown 0.99% since 2010. As of 2018, the population was 67,412. The median household income of the Redondo Beach was $112,271, which is 86.21% higher than the national average.
- submarket area El Segundo / Hermosa Beach / Redondo Beach Submarket
- avg rent $2,318
- rent growth 20.35%
- vacancy 4.00%
- median income $112,271
- population (2018) 67,412
- population growth 0.99%
- vs. nat'l avg 86.21%
- zip codes 90277 90278