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San Diego Metro Report: August 2018

The Zumper San Diego Metro Report analyzed active listings in July across 17 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The California state median was $1,757 last month.

Cities Ranked By Rent

The Most Expensive

–Coronado, CA moved up 1 spot to reclaim its position as the most expensive city again with one rent growing $130 to $2,680.

–Solana Beach, CA fell to second with the price of one bedrooms decreasing $10 to $2,600.

–Encinitas, CA remained third with rent at $2,080.

The Least Expensive

–National City & El Cajon, CA were tied for the most affordable city in the metro, both with prices at $1,300.

–Lemon Grove, CA fell 3 spots to rank as the second least expensive city with rent at $1,390.

–Imperial Beach, CA dropped 1 spot to become third with rent at $1,400.

Growth Rate

The Fastest Growing (Y/Y%)

–Carlsbad, CA had the fastest growing rent, up 15.9% since this time last year.

–Lemon Grove, CA followed closely behind as second with rent climbing 15.8%.

–Encinitas, CA rent jumped 15.6%, making it third.

The Fastest Growing (M/M%)

–Coronado, CA rent had the largest monthly growth rate, up 5.1%.

–Chula Vista, CA was second with rent jumping 4.7% last month.

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Coronado$2,6805.10%-1.50%$3,680-4.90%-13.80%
2Solana Beach$2,600-0.40%13.00%$3,5504.10%0.30%
3Encinitas$2,0803.50%15.60%$2,8801.10%5.10%
4Carlsbad$1,9701.50%15.90%$2,4001.30%2.10%
5San Diego$1,8501.60%15.60%$2,4602.10%8.40%
6San Marcos$1,7200.00%11.00%$2,0703.00%9.50%
7Vista$1,610-4.20%11.80%$1,720-3.90%1.20%
8Oceanside$1,590-1.90%6.00%$1,8500.00%2.80%
9Chula Vista$1,5704.70%12.10%$2,0705.10%11.30%
10Poway$1,5400.70%0.00%$1,800-3.20%1.70%
11La Mesa$1,500-4.50%4.90%$1,900-5.00%4.40%
12Escondido$1,450-5.20%9.80%$1,7701.70%4.10%
13Santee$1,4103.70%-2.10%$1,7000.00%6.30%
14Imperial Beach$1,4002.90%12.00%$1,660-1.20%0.00%
15Lemon Grove$1,3900.00%15.80%$1,580-1.90%5.30%
16El Cajon$1,3000.00%6.60%$1,590-0.60%9.70%
16National City$1,3000.80%8.30%$1,650-2.90%3.10%

About

The Zumper San Diego Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.

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The post San Diego Metro Report: August 2018 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

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San Diego Metro Report: August 2018

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