City Report · CA

Coronado

Pop. 19,015·17th most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$5,122/mo
Year-over-Year
+2.0%
Month-over-Month
-0.9%
vs US Median
+$3,190
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Coronado · $5,122
More expensive than 99% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Coronado's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$5,122/mo
Expected by trend
$5,616/mo
The Rent Reality Score compares today's median rent to where Coronado's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$3,190
1 BR
$3,460
2 BR
$4,280
3 BR
$5,720
4 BR+
$6,970
Fair Market Rent (HUD)
$4,280/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $5,122 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

October. Asking rents in Coronado usually run 1.8% below trend in October and 2.9% above it in July, about $241 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Coronado is 1.3% below its high of $5,187 in June 2026, at $5,122 as of September 2026.

Past year vs. the rest of California

Rent in Coronado changed +2.0% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Coronado rose 52.6% while median household income rose 23.5% ($108,967 to $134,534). Rent outpaced income.

Since before the pandemic

Rent in Coronado is 58.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($134,534) is $3,363 a month. That covers HUD's Fair Market Rent for up to a studio ($3,190); a 1-bedroom is $3,460.

Cheaper nearby

San Diego, 3 miles away, rents for 41% less ($3,004/mo), about $25,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Coronado. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$61,464/yr
At $5,122/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.0% YoY, -0.9% MoM), not inventory.
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Demographics

Who lives here

Coronado, CA is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 65.5% of residents hold a bachelor's degree or higher.

Population
19,015
Median income
$134,534
Median age
42
Renters
45.4%
Age distribution
17.8%
24.7%
22.2%
13.2%
22.1%
Under 1817.8%
18–3424.7%
35–5422.2%
55–6413.2%
65+22.1%
Gender
54.2%
45.8%
Male54.2%
Female45.8%
Race & ethnicity
73.6%
20.2%
White73.6%
Black2.4%
Hispanic20.2%
Asian3.6%
Education (25+)
23.6%
65.5%
No HS diploma2.5%
HS diploma8.3%
Some college23.6%
Bachelor's+65.5%
Housing tenure
54.6%
45.4%
Owner54.6%
Renter45.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Coronado, CA has changed in 5 years

Rent
$3,299 → $5,122
up 55.3%
Income
$114,559 → $134,534
up 17.4%
Population
20,627 → 19,015
down 7.8%
Renter share
46.8% → 45.4%
-1.4 pts
Bachelor's+
64.1% → 65.5%
+1.4 pts
Median age
40.6 → 42
+1.4 yrs

The median rent in Coronado, CA stood at $3,299 in 2021 and currently runs about $5,122, reflecting a 55.3% increase over the period. On the earnings side, the typical household in Coronado, CA now reports about $134,534, up from $114,559 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 7.8% since 2021, moving from about 20,627 residents to roughly 19,015. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Coronado, CA reflects that arc in its own way.

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View Coronado rent history (2015–2026) →
Salary vs rent

Can you afford rent in Coronado on your salary?

At $5,122/mo, how Coronado rent compares to typical pay (30% rule).

By apartment size

Coronado rent by bedroom count

Median rent for each apartment size in Coronado. Click any size for full breakdown.

Local insights

Tips for renters in Coronado

About renting in Coronado, CA

Last updated: October 17, 2026

The median rent in Coronado is $5,122/mo as of October 2026. A studio apartment averages $3,190/mo while a 2-bedroom runs $4,280/mo. One-bedroom apartments average $3,460/mo and 3-bedroom units go for $5,720/mo.

At 46% of local median household income ($134,534/yr), Coronado ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Coronado?

To keep rent at or below 30% of gross income, you would need to earn at least $205,000/year (about $99/hour full-time) to afford the median rent of $5,122/mo in Coronado. The local median household income is $134,534/yr, so the typical household falls short of that bar.

Is rent going up or down in Coronado?

Rent in Coronado has risen 2.0% over the past year as of September 2026. It sits 1.3% below its high of $5,187 in June 2026.

When is the cheapest time to rent in Coronado?

Asking rents in Coronado are usually lowest in October, about 1.8% below their yearly trend, and highest in July, about 2.9% above it. At today's median that is a gap of roughly $241 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Coronado?

Yes. From 2019 to 2024, rent in Coronado rose 52.6% while median household income rose 23.5%, from $108,967 to $134,534. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Coronado rent compare to other cities in California?

Coronado is one of the pricier among California cities for rent, ranking #17 of 382 tracked cities at $5,122/mo. Over the year to September 2026, rent in Coronado changed +2.0%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Coronado?

Nearby cities with lower median rent than Coronado ($5,122/mo) include National City ($2,426/mo), Lemon Grove ($2,671/mo), and Imperial Beach ($2,822/mo).
Income Affordability
46%
STRETCHED

At $5,122/mo, rent takes ~46% of Coronado's median household income ($134,534/yr). The standard benchmark is 30%.

Coronado 46%Benchmark 30%
State income tax1–13.3%
Run the Coronado affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Coronado, CA

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