A new real estate report says San Diego is the seventh most expensive city in the U.S. for renting.
puts the median rental price for a one-bedroom apartment in San Diego at $2,460 a month. For a two bedroom, it’s $3,260.Zumper’s Crystal Chen says, “Just to give a little bit of perspective, we also calculate national one and two beds as well. The national one bed’s at $1,511 and the national two beds are $1,865, so San Diego is considerably more expensive than the national median.”By the numbers“One beds are down 6% year over year and two beds are down about 5% year over year.
“What we're seeing is a leveling off of the rents. The rents are not increasing at the rate that they were increasing last year and the year before. What I'm seeing is that people have kind of caught up a little bit,” Lilley said. Chen says there is a record number of supply that’s supposed to hit the market this year, so that may also help the rental prices in San Diego.AB 12 is headed to Governor Gavin Newsom, it prevents landlords from charging two times or three times the monthly rent as a security deposit. If approved, landlords could only charge one month’s rent for a security deposit starting on July 1, 2024, but Lilley says this comes with consequences.
“What landlords use additional deposit for is typically if someone doesn't meet the full rental criteria if they have a lower credit score or if their income is borderline,” Lilley noted.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
San Diego Police arrest wanted man in San Diego RiverThomas Murphy, 53, was caught on camera attempting to swim away from officers in the San Diego River.
Read more »
San Diego Padres vs San Francisco Giants Line MovementMLB line and odds movement for San Diego Padres vs San Francisco Giants on Sep 26, 2023.
Read more »
San Diego vs San Francisco Betting Matchup & Odds September 26, 2023San Diego vs San Francisco MLB History: Check Past Results And Stats For Insights On The Game - September 26, 2023!
Read more »
MLB Padres vs Giants Box Score - Sep 25, 2023San Diego Padres vs San Francisco Giants MLB game box score for Sep 25, 2023.
Read more »