Average Rent in 92116, San Diego, CA

Home  »  CA  »  San Diego  »  92116

Current Versus Historical 92116, San Diego, CA Rents

92116 rentals average $1,715 for a studio rental to $3,945 for a 3-bedroom rental. The median price of all currently available listings is $2,198, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,595 to $1,595. 1-bedroom rentals prices have increased by $98 (4.88%) year-over-year from $1,998 to $2,095. 2-bedroom rentals prices have decreased by $92 (-3.44%) year-over-year from $2,664 to $2,573. 3-bedroom rentals prices have decreased by $27 (-0.66%) year-over-year from $4,049 to $4,023. 4-bedroom rentals prices have increased by $1,231 (24.52%) year-over-year from $5,019 to $6,250. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 4.54% this month. 1-bedroom rents have gone up by 3.12% this month. 2-bedroom rents have gone down by 3.41% this month. 3-bedroom rents have gone down by 2.01% this month. 4-bedroom rents have gone up by 3.09% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.43 $1,595 $1,595 (0.00%) $1,273 (25.34%)
1 BR $3.67 $2,095 $1,998 (4.88%) $1,583 (32.32%)
2 BR $3.47 $2,573 $2,664 (-3.44%) $1,980 (29.95%)
3 BR $3.29 $4,023 $4,049 (-0.66%) $2,855 (40.92%)

Historical Rents in 92116, San Diego, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92116

There are a total of 10 cities nearby 92116. The average rent in 92116 is currently $3,123 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that El Cajon, CA, with an average rent of $2,095, is the most affordable city nearby. In contrast, the most expensive city near 92116, San Diego, CA is Coronado, CA. Monthly rents here are on average $7,000 per month.

Let's compare 92116, San Diego, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92116, San Diego, CA is 5.10% more expensive than other cities nearby. One bedrooms are about 11.72% more affordable. Two bedrooms in 92116, San Diego, CA are about 15.62% more affordable. Finally, rent for three bedrooms are about 10.90% more affordable. Want more information? Check out the top 10 cities near 92116, San Diego, CA in the following chart.
City Studio 1 Bed 2 Bed All
El Cajon, CA $1,425 $1,779 $2,195 $2,095
La Mesa, CA $1,760 $1,950 $2,495 $2,158
Chula Vista, CA $1,495 $1,995 $2,595 $2,463
San Diego, CA $1,950 $2,150 $3,000 $2,850
Imperial Beach, CA $1,800 $2,095 $2,800 $2,895
Mission Viejo, CA N/A $2,531 $3,232 $3,350
Laguna Niguel, CA N/A $2,650 $3,400 $4,500
Dana Point, CA N/A $3,300 $4,850 $5,998
San Clemente, CA $2,500 $2,600 $4,250 $6,000
Coronado, CA $6,250 $6,000 $7,248 $7,000

Top Neighborhoods Near 92116

There are a total of 4 neighborhoods in or near 92116. Some of these neighborhoods include North Park, Imperial Beach, and East Village. We've included all of these top 4 neighborhoods in or near 92116, San Diego, CA in the following chart.

The average rent for these 4 neighborhoods in or near 92116, San Diego, CA is currently around $3,039 per month. Meaning, only four neighborhoods have a higher average rent than $3,039. Interestingly, the neighborhoods' average rent is higher than 92116's average rent, which is only $2,198. Out of all the neighborhoods in or near 92116, North Park has the most affordable average rent at $2,473 per month. Whereas, at $5,450 average rent per month, College East is the most expensive neighborhood in or near 92116. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Park, San Diego, CA $1,885 $2,150 $2,795 $2,473
Imperial Beach, CA $1,800 $2,095 $2,800 $2,895
East Village, San Diego, CA $2,182 $2,812 $4,116 $3,184
College East, San Diego, CA N/A $1,950 $2,595 $5,450

Top Counties Near 92116

There are a total of 4 counties located by 92116, San Diego, CA. The average rent for rentals in these counties is $2,695. That's roughly around $3 per sqft. The county that is the most affordable is San Diego, CA. It's average rent per month is $2,695. Vice versa, with an average rent of $2,695, San Diego, CA is the most expensive county by 92116, San Diego, CA.

Typically, rent for studios in 92116, San Diego, CA is 6.56% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 92116, San Diego, CA is 2.39% more expensive than other counties nearby. Finally, rent for two bedrooms in 92116, San Diego, CA is 2.04% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
San Diego, CA $1,828 $2,045 $2,750 $2,695

Top Zipcodes Near 92116

There are a total of 11 zipcodes in or near 92116, San Diego, CA. The average rent for all of these zipcodes is $3,300. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92020, El Cajon, CA at $2,095 per month. In comparison, the zipcode with the most expensive average rent of $6,998 per month is 92118, Coronado, CA.

Studios in these zipcodes have an average rent of $1,795. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92116, San Diego, CA is $2,535 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,264 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 92116, San Diego, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92104, San Diego, CA $1,938 $2,098 $2,795 $2,485
92101, San Diego, CA $2,184 $2,776 $4,500 $3,614
92677, Laguna Niguel, CA N/A $2,650 $3,400 $4,500
92629, Dana Point, CA N/A $3,300 $4,750 $5,995
91932, Imperial Beach, CA $1,800 $2,095 $2,800 $2,895
92021, San Diego County, CA $1,393 $1,710 $2,195 $2,195
92020, El Cajon, CA $1,595 $1,808 $2,213 $2,095
92115, San Diego, CA $1,795 $1,900 $2,595 $2,995
92692, Mission Viejo, CA N/A $2,535 $3,264 $3,300
92118, Coronado, CA $6,250 $6,000 $7,248 $6,998

Frequently Asked Questions - 92116 Average Rents

What is the average rent price in 92116, San Diego, CA?
The average monthly rental price for 92116, San Diego, CA apartments for rent is approximately $2,198. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92116, San Diego, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 92116, San Diego, CA.
How much is a studio apartment in 92116, San Diego, CA?
The average monthly rental price for studio apartments is $1,715 and an average price per square feet of $5.43. There are a total of 5 studio apartment listings currently available for rent in 92116.
How much is a one bedroom apartment in 92116, San Diego, CA?
The average monthly rental price for one bedroom apartments is $2,095 and an average price per square feet of $3.67. There are a total of 32 one bedroom apartment listings currently available for rent in 92116.
How much is a two bedroom apartment in 92116, San Diego, CA?
The average monthly rental price for two bedroom apartments is $2,695 and an average price per square feet of $3.47. There are a total of 21 two bedroom apartment listings currently available for rent in 92116.
How have rent prices in 92116, San Diego, CA changed this year?
Rent prices for rentals in 92116, San Diego, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in 92116, San Diego, CA?
A reasonable rent price in 92116, San Diego, CA is around $1,758/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast