San Diego Appraiser Blog

San Diego Apartment Market
June 24th, 2014 10:33 AM

Apartment vacancy fell to 2.8 percent this year, according to the San Diego County Apartment Association (SDCAA). That is down from 4.5 percent in 2013. This is the lowest rate since 2002, when it was at 2.5 percent. The current average rent rate for a studio apartment is $901, for a one-bedroom it is $1,092, for a two-bedroom it is $1,347, and for a three or more bedrooms it is $1,716.

The favorable demand for rentals has attracted increased investment.   Below is the most recent multi-family data for San Diego County.

ApartmentTrends


Posted by Jennifer Chandos on June 24th, 2014 10:33 AMPost a Comment

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