San Diego, CA

San Diego County ยท Pop. 1,381,162

Ranked #217 of 243 cities

18Crisis

Median Home Price

๐Ÿ 

$880K

5.0% YoY

Median Rent

๐Ÿ”‘

$2,400

4.2% YoY

Median Income

๐Ÿ’ฐ

$82K

Rent Burden

๐Ÿ“Š

36.5%

% of income to rent

Income to Buy

๐Ÿฆ

$253K

annual income needed

Income to Rent

๐Ÿ“

$96K

annual income needed

Price-to-Income

โš–๏ธ

10.7x

Homeownership

๐Ÿก

48.0%

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

MetricSan DiegoCaliforniaNational
Home Price$880K$726K$410K
Rent$2,400$1,992$1,500
Income$82K$96K$75K
Rent Burden36.5%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in San Diego are 115% higher than the national average.
  • โ€ข Rent is 60% higher than the national average.
  • โ€ข You need an income of $253K to comfortably buy a home here.
  • โ€ข The homeownership rate is 48.0%, compared to 65.0% nationally.