San Diego, December 21, 2025
San Diego’s single-family home rental market is witnessing a notable slowdown in rent growth, with the average rent for an apartment dropping by 1.42% over the past year. The average rent now stands at $2,952. Contributing factors include rising vacancy rates, which have increased from 3.9% in Spring 2023 to 6.36% in Spring 2024. This shift may provide relief for renters but presents challenges for landlords who must adapt their strategies to keep tenants. The historical context reveals that San Diego has been characterized by a competitive housing market with rising rents.
San Diego
San Diego’s single-family home rental market has experienced a significant slowdown in rent growth over the past year, marking a notable shift from previous trends.
Current Market Trends
According to recent data, the average rent for an apartment in San Diego is $2,952, a 1.42% decrease compared to the previous year, when the average rent was $2,994. This decline indicates a substantial slowdown in rent growth for single-family homes in the region.
Factors Influencing the Market
Several factors have contributed to this trend. The Southern California Rental Housing Association’s 2024 Annual Vacancy and Rental Rate Survey revealed a significant increase in vacancy rates, with the San Diego County vacancy rate rising to 6.36% in Spring 2024, up from 3.9% in Spring 2023. This increase in vacancies can be attributed to the addition of new properties to the market and higher-than-usual vacancy rates in older properties.
Implications for Renters and Landlords
The slowdown in rent growth may offer potential relief for renters after years of increases. However, landlords may face challenges in maintaining rental income and may need to adjust their strategies to attract and retain tenants.
Background Context
Historically, San Diego has experienced a competitive housing market with rising rents. For instance, in 2025, nearly 78% of homes in the San Diego metro area experienced a decline in value compared to the previous year, significantly surpassing the national average. Despite these fluctuations, the median San Diego home still saw an overall 88% increase in value since it was last sold.
Conclusion
The recent slowdown in rent growth for single-family homes in San Diego reflects changing dynamics in the local housing market. Both renters and landlords will need to adapt to these evolving conditions in the coming months.
Frequently Asked Questions (FAQ)
What is the current average rent for an apartment in San Diego?
The average rent for an apartment in San Diego is $2,952, a 1.42% decrease compared to the previous year, when the average rent was $2,994.
What factors have contributed to the slowdown in rent growth?
Several factors have contributed to this trend, including an increase in vacancy rates due to the addition of new properties to the market and higher-than-usual vacancy rates in older properties.
How might this slowdown affect renters and landlords?
The slowdown in rent growth may offer potential relief for renters after years of increases. However, landlords may face challenges in maintaining rental income and may need to adjust their strategies to attract and retain tenants.
How does the current market compare to historical trends in San Diego?
Historically, San Diego has experienced a competitive housing market with rising rents. For instance, in 2025, nearly 78% of homes in the San Diego metro area experienced a decline in value compared to the previous year, significantly surpassing the national average.
What is the outlook for the San Diego rental market?
The recent slowdown in rent growth for single-family homes in San Diego reflects changing dynamics in the local housing market. Both renters and landlords will need to adapt to these evolving conditions in the coming months.
Key Features of the San Diego Rental Market
| Feature | Details |
|---|---|
| Average Rent | $2,952, a 1.42% decrease from the previous year. |
| Vacancy Rate | 6.36% in Spring 2024, up from 3.9% in Spring 2023. |
| Historical Trends | In 2025, nearly 78% of homes in the San Diego metro area experienced a decline in value compared to the previous year. |
| Implications | Potential relief for renters; landlords may need to adjust strategies to attract and retain tenants. |
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Author: STAFF HERE SAN DIEGO WRITER
The SAN DIEGO STAFF WRITER represents the experienced team at HERESanDiego.com, your go-to source for actionable local news and information in San Diego, San Diego County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Comic-Con International, San Diego County Fair, and San Diego Pride Festival. Our coverage extends to key organizations like the San Diego Regional Chamber of Commerce and United Way of San Diego County, plus leading businesses in biotechnology, healthcare, and technology that power the local economy such as Qualcomm, Illumina, and Scripps Health. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECostaMesa.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HEREMissionViejo.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
