San Diego, CA
San Diego County ยท Pop. 1,381,162
Ranked #217 of 243 cities
18Crisis
Median Home Price
๐$880K
5.0% YoY
Median Rent
๐$2,400
4.2% YoY
Median Income
๐ฐ$82K
Rent Burden
๐36.5%
% of income to rent
Income to Buy
๐ฆ$253K
annual income needed
Income to Rent
๐$96K
annual income needed
Price-to-Income
โ๏ธ10.7x
Homeownership
๐ก48.0%
Rent vs. Buy
Buy
$4,684/mo
Est. mortgage (7%, 20% down)
Need $253K/yr income
Rent
$2,400/mo
Median rent
Need $96K/yr income
How San Diego Compares
| Metric | San Diego | California | National |
|---|---|---|---|
| Home Price | $880K | $726K | $410K |
| Rent | $2,400 | $1,992 | $1,500 |
| Income | $82K | $96K | $75K |
| Rent Burden | 36.5% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in San Diego are 115% higher than the national average.
- โข Rent is 60% higher than the national average.
- โข You need an income of $253K to comfortably buy a home here.
- โข The homeownership rate is 48.0%, compared to 65.0% nationally.