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SAN DIEGO RENTAL MARKET · CRESTMONT REALTY

Downtown San Diego rents in 2026: apartments, condos, and townhomes

Current downtown medians by unit type and bedroom count, the one-bedroom surge, and why pricing precision matters more here than anywhere else in the county.

$2,781
Median 1BR apartment rent
+7.3%
1BR apartments vs. last year
$3,603
Median 2BR condo/townhome
3.4%
Vacancy rate, July 2026

01 · AN APARTMENT AND CONDO MARKET

Downtown rents by unit type

SegmentMedian rentvs. last year
1-bedroom apartments$2,781+7.3%
2-bedroom apartments$3,575+2.3%
3-bedroom apartments$4,455+5.1%
1-bedroom condos / townhomes$2,715+1.9%
2-bedroom condos / townhomes$3,603+2.4%
3-bedroom condos / townhomes$3,898-10.8%

TABLE 1 · DOWNTOWN SAN DIEGO MEDIAN ASKING RENTS AND YEAR-OVER-YEAR CHANGE, JULY 2026 · SOURCE: CRESTMONT REALTY RENTAL MARKET DATA

Downtown is an apartment and condo market. Active single-family listings downtown are effectively zero, so if you own here you own a unit, and the unit-type numbers above are the ones that price it. Inventory is deep on the apartment side, with 279 active 1-bedroom and 137 active 2-bedroom listings as of July 2026, which means pricing precision matters more downtown than in thin-inventory neighborhoods where a mispriced home still leases on scarcity.

02 · WHICH WAY IT IS MOVING

One-bedrooms are the story

1-bedroom apartments are up 7.3% year over year as of July 2026, the fastest-moving downtown segment and among the strongest in the county. Two- and three-bedroom apartments are up 2.3% and 5.1%. The clear exception is 3-bedroom condos and townhomes, down 10.8% to $3,898, a reminder that large-format condo product downtown competes with houses in surrounding neighborhoods at similar money.

Vacancy sits at 3.4% with homes leasing in about 25 days. The full downtown picture, every bedroom count and monthly trend, lives on our data site.

03 · QUICK ANSWERS

Quick answers

What is the average rent for an apartment in Downtown San Diego in 2026?

$2,781 for a 1-bedroom and $3,575 for a 2-bedroom as of July 2026. One-bedrooms are the fastest-moving downtown segment, up 7.3% year over year.

What is the average rent for a townhouse or condo in Downtown San Diego in 2026?

$3,603 for a 2-bedroom condo or townhome as of July 2026, up 2.4% year over year. Three-bedroom units are the exception, down 10.8% to $3,898.

Are Downtown San Diego rents going up in 2026?

Mostly yes. Every apartment bedroom count is up year over year as of July 2026, led by 1-bedrooms at +7.3%. The one clear decline is 3-bedroom condos and townhomes at -10.8%.

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RENT DATA: CRESTMONT REALTY SAN DIEGO RENTAL MARKET DATA · JULY 2026 · UPDATED MONTHLY.

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