San Diego is the 26th largest multifamily market with 195,576 completed units and 46,158 units in development, 9,713 of which have already broken ground, as of January 2022.
San Diego Multifamily Market Summary – January 2022
New lease asking rents are at $2,438, up 19.5%▲
from the previous year placing San Diego at 16th
overall in year-over-year rent growth.
San Diego Multifamily Market Summary – December 2021
New lease asking rents are at $2,370, up 16.6%▲
from the previous year placing San Diego at 26th
overall in year-over-year rent growth.
