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The Inland Empire—and specifically Riverside—is attracting Los Angeles and Orange County residents with lower cost rents. According to a recent report from JLL, Los Angeles and Orange County are both losing residents each day as a result of high apartment rents. In Los Angeles, 93 residents each day are leaving the market, and in Orange County, 17 residents are fleeing for cheaper cost of living. Riverside, on the other hand, is gaining new residents each day.

“On a local level, there’s a clear shift toward the Inland Empire. Riverside County is receiving on average 41 new residents per day,” Matt Kaufman, research analyst at JLL, tells GlobeSt.com. “The Inland Empire is a significantly more affordable option for Southern Californians. Rents in the market for a one-bedroom apartment are 29% less than Los Angeles and 40% less than Orange County. This coupled with growing number of industrial jobs in the area has made the Inland Empire fertile ground for residents looking to set down roots.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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