Surrounding Submarket Area
Covina, California is a part of the Azusa/Covina/Glendora Submarket submarket area, and contains 3 zip codes: 91722, 91724, and 91723.
Covina Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Covina, CA submarket area was $1,492, which is 22.90% higher than 2014 average rent. This represents a compounded annual growth rate of 4.21%. 2019 vacancy in Covina, CA was 3.00%.
The total population of the city of Covina, CA has grown 0.35% since 2010. As of 2018, the population was 47,963. The median household income of the Covina was $69,449, which is 15.19% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Azusa / Covina / Glendora Submarket
$1,492
22.90%
3.00%
$69,449
47,963
0.35%
15.19%
91722 91723 91724
Submarket Area Azusa / Covina / Glendora Submarket
Avg Rent $1,492
Rent Growth 22.90%
Vacancy 3.00%
Median Income $69,449
Population (2018) 47,963
Population Growth 0.35%
Vs. Nat’l Avg 15.19%
Zip Codes 91722 91723 91724