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Who are Orange County multifamily developers catering to? High-income singles and couples.

Fewer units built for families or budget-conscious renters
CoStar Analytics
January 14, 2025 | 7:50 P.M.

Apartment deliveries in Orange County rose to a five-year high of over 2,800 units in 2024, but not many were studios or apartments with three or more bedrooms. Instead, developers concentrated on building one- and two-bedroom units, which account for 92% of all apartments developed in 2024.

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