Jeff Smith 6:35 p.m., June 27
San Diego Rents Third Highest in Nation
San Diego County median rents for January were $2083 per month, topped only by San Francisco ($2392) and Los Angeles ($2232) among the 25 major metro markets, according to statistics released by Zillow this morning (March 13).
San Diego rents even topped the New York City ($1850) and Washington DC ($1992) metro areas. San Diego rents rose 2.9% from January 2011 to January 2012, a hair below the national average of 3%.
San Diego's median home value at $335,600 was also in third place, behind San Francisco ($463,800) and Los Angeles (383,200). San Diego values dropped 5.1% over the year, worse than the 4.6% decline of the combined metro areas.
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- San Diego Home Value, Rent Growth Lag Other Metro Areas — Aug. 21, 2012
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