Craigslist For Rent San Diego (2024)

FAQs

Are rents dropping in San Diego? ›

In San Diego, the average rent fell from $2,266 in Spring 2023 to $2,189 in Spring 2024, a decline of over 3%. "The 2024 Annual Survey indicates what industry members have been experiencing: higher vacancies and lower asking rents," said Alan Pentico, executive director of the SCRHA.

craigslist: san diego jobs, apartments, for sale, services, community, and events.

When you rent an apartment in San Diego, you can expect to pay about $1,976 per month for a studio, $2,295 for a one-bedroom apartment, and around $2,913 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,769 or more. $1,976/mo. $2,295/mo.

266,453 or 52% of the households in San Diego, CA are renter-occupied while 242,894 or 48% are owner-occupied.

California's Tenant Protection Act (AB 1482) restricts how much landlords can raise rent for their rental properties. The law imposes a statewide rent cap, limiting annual rent increases to 5% of the current rent plus the local rate of inflation, or 10% of the current rent, whichever is lower.

(NerdWallet) – An ongoing boom in apartment construction has helped slow down rental inflation — but renters shouldn't expect prices to drop dramatically from their pandemic-padded highs. That means affordability will remain the dominant narrative in rental housing in 2024.

The best alternative to Craigslist, in our opinion, is Offer Up. The app offers a robust array of listings, is easy to use, includes a verified account feature, and includes buyer ratings. Other worthy alternatives to Craigslist include Facebook Marketplace, Locanto, Mercari, and Recycler.

Do People Still Use Craigslist? Absolutely. You can search your local area on Craigslist and find used furniture, cars, rentals, and even jobs. However, because so many Craigslist alternatives exist, it is no longer a one-stop shopping powerhouse when it debuted in 1995.

40x Rent Rule

To find maximum rent using this rule, divide the household's annual gross income by 40. For example, a household that earns $80,000 per year can afford a maximum monthly rent of $2,000 (80,000 ÷ 40 = 2,000).

What is a good salary in San Diego? ›

The median salary in San Diego, CA is $73,080, with 80% of salaries falling between $31,320 and $156,600.

The 30% rule says that no more than 30% of your monthly gross income should go toward your rent. According to this rule, if you make $4,000 a month, you should spend no more than $1,200 per month on rent. Sticking to the 30% rule helps ensure you have enough money left over to save or put toward other expenses.

With supply constrained, any increase in demand translates into higher rents. Between 2010 and 2020, San Diego saw its population grow by about 10% while net new housing units increased less than 7%, according to census data. That supply-demand imbalance puts upward pressure on prices.

Housing providers can set reasonable occupancy standards. HUD Keating memo – FHA presumes “two per bedroom” occupancy policy is reasonable.

Line chart showing existing housing units relative to the population demand in the San Diego area. Generally, there has been a growing housing deficit since the mid-1990s. As of 2022, there were -89641.6069 units.

San Diego's peak rental season is May to September when families with kids seek homes before school starts. Aim to sign a winter lease when prices are softer and availability is higher.

According to real estate tracker CoStar, rent in San Diego County averaged $1,150 in 2000 and $1,960 in 2020. By early August 2023, it had risen to $2,415 — up nearly a quarter in three years.

San Diego Housing Market Forecast 2024 & 2025

For 2024, we anticipate a modest price increase driven by a robust demand, particularly in sought-after neighborhoods. The scarcity of available properties could further intensify competition among buyers, potentially leading to bidding wars on the most desirable homes.

Declining rents in major California cities

Oakland and Sacramento saw the most significant drops, with rental rates falling by 9.1 percent and 8.1 percent, respectively. Other cities such as Los Angeles, San Jose, San Francisco, San Diego and Long Beach also saw declines, albeit to a lesser extent.