Rental market snapshot for Pacific Beach, San Diego
Pacific Beach rental market summary
The rental market in Pacific Beach, California is showing signs of growth. In July of 2023, there were 182 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,600, a 4.0% increase from the previous month and a 9.3% increase from the same time last year. This indicates that the rental market in Pacific Beach is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in Pacific Beach is likely due to the area's desirable location and amenities. Pacific Beach is a popular destination for tourists and locals alike, offering a variety of activities and attractions. With its close proximity to the beach, restaurants, and shopping, it is no wonder that more people are looking to rent in the area. The increasing median rent is a sign that the rental market in Pacific Beach is becoming increasingly competitive, and renters should be prepared to pay more for their desired properties.
Median rent for all residential properties in Pacific Beach
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The most expensive listings and top trending buildings in Pacific Beach
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2530 Chalcedony St | $17,000 | 4 / 3.0 |
| 1148 Chalcedony St | $10,495 | 5 / 4.5 |
| 1148 Chalcedony St | $9,800 | 5 / 4.5 |
| 1376 Missouri St | $9,000 | 5 / 3.0 |
| 1542 Monmouth Dr | $8,500 | 4 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| San Diego Sunrise Management** | $2,395 |
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Bedroom Breakdown in Pacific Beach
Pacific Beach neighborhood apartments rents
The rental market for studios in Pacific Beach, California is relatively stable. In May 2023, there was only one new studio listing, and the median rent for studios was $1,950, a slight decrease of 2.3% from the median rent of $1,995 in April 2023. This indicates that the rental market for studios in Pacific Beach is not experiencing any significant changes in terms of pricing or availability.
The rental market for 1-bedroom apartments in Pacific Beach, California in July 2023 is relatively stable. There was only one new listing in July, and the median rent stayed the same at $2,395, resulting in a 0% change from June 2023. This indicates that the rental market is not experiencing any significant changes in the short-term.
The rental market for 2-bedroom apartments in Pacific Beach, California is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $3,760, a 65.3% increase from the median rent in June 2023, which was $2,275. This suggests that the rental market for 2-bedroom apartments in Pacific Beach is becoming more competitive and that prices are likely to continue to rise in the near future.