San Diego Rent Report 2023: Median Rent by Neighborhood

San Diego is a popular destination for tourists and people from all walks of life. With its sunny weather, beautiful beaches, and diverse culture, it is no surprise that San Diego is a top choice for living. However, living in San Diego can be quite expensive, especially when it comes to renting an apartment or a studio. According to a recent report, the median rent for apartments in San Diego increased in March 2023. The report also offers insights into the most affordable and expensive neighborhoods in the city.

Apartment Type	Median Rent	Monthly Change (M/M%)	Yearly Change (Y/Y%)
Studio	$1,975	+1%	N/A
1 Bedroom	$2,370	+1.70%	+3.90%
2 Bedrooms	$3,100	+0.30%	+6.90%

The median rent for a studio apartment in San Diego in March 2023 was $1,975, which is a slight increase of 1% from the previous year. For a one-bedroom apartment, the median rent was $2,370, which is a monthly increase of 1.7% and a yearly increase of 3.9%. Two-bedroom apartments were the most expensive with a median rent of $3,100, which is a monthly increase of 0.3% and a yearly increase of 6.9%.

When it comes to the most affordable neighborhoods in San Diego, North Park is the top choice with a median rent of $1,800/month for a one-bedroom apartment. Hillcrest and Pacific Beach follow closely with median rents of $1,850/month and $2,025/month, respectively.

On the other hand, the most expensive neighborhoods in San Diego are Mission Valley East, Core-Columbia, and East Village. Mission Valley East tops the list with a median rent of $3,000/month for a one-bedroom apartment. Core-Columbia and East Village follow with median rents of $2,410/month and $2,260/month, respectively.

Neighborhood	1 Bedroom Rent
North Park	$1,800
Hillcrest	$1,850
Pacific Beach	$2,025
Mission Valley East	$3,000
Core-Columbia	$2,410
East Village	$2,260

Despite the high cost of living in San Diego, there are still popular neighborhoods where people prefer to live. Mission Beach, Pacific Beach, and East Village are the most popular neighborhoods in San Diego, attracting people with their proximity to the beach, restaurants, and nightlife.

In conclusion, San Diego is a great place to live, but it comes with a high price tag when it comes to renting an apartment or a studio. While some neighborhoods are more expensive than others, there are still plenty of affordable options available. It all depends on your budget and preferences, so take the time to research and find the perfect place to call home in this beautiful city.