Rents are up 4.1% around San Diego County, with the city itself seeing a spike of 9.3% compared to last year, according to a survey released Tuesday by the Southern California Rental Housing Association.
The increase in rents comes at the same time as inventory continues to be tight across the region. This follows a decrease in average rents by more than 7% between 2023 and 2024.
“SCRHA’s long-standing survey helps housing providers navigate changing market conditions with reliable, consistent data,” said Alan Pentico, executive director of the association. “While rents have risen modestly, they remain below 2023 levels in many areas, and the city’s progress on new housing is an encouraging sign.”…