How much does it cost to rent in Coronado, CA?

As of August 2026, the median monthly rent in Coronado, CA is $5,560. This figure is based on aggregated data from public sources and community-submitted rents.

Is Coronado cheaper than other California cities?

Coronado is one of the pricier cities in California, ranking #12 out of 381 cities tracked at $5,560/mo.

When was Coronado rent data last updated?

Coronado rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Coronado, CA?

HUD sets the Fair Market Rent for a two-bedroom home in Coronado, CA at $4,280 per month, which is 23% below the $5,560 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · CA

Coronado

Name: Average Rent Prices in Coronado, CA
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 19,015·12th most expensive in California·One of the pricier rental markets in the US

Median rent (all units)

$5,560/mo

Year-over-Year

+0.4%

Month-over-Month

+3.9%

vs US Median

+$3,598

Rising (Monthly)

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Most AffordableMost Expensive

Coronado · $5,560

More expensive than 99% of US cities · National median $1,962/mo

Rent Reality Score

64/100

Good value

OverheatedFairGreat value

Rents are 7% below what Coronado's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$5,560/mo

Expected by trend

$5,976/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 $5,560 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

Loading…

Last updated: August 17, 2026

Annual cost

$66,720/yr

At $5,560/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.4% YoY, +3.9% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

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

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

$3,509 → $5,560

up 58.4%

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 $3,509 in 2021 and currently runs about $5,560, reflecting a 58.4% 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.

Community

Discussions about Coronado

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View Coronado rent history (2015–2026) →

Salary vs rent

Can you afford rent in Coronado on your salary?

At $5,560/mo, how Coronado rent compares to typical pay (30% rule).

Registered Nurse

Avg $111,486/yr · Rent = 59.8% income

severely rent-burdened

Elementary School Teacher

Avg $79,154/yr · Rent = 84.3% income

severely rent-burdened

Police Officer

Avg $91,179/yr · Rent = 73.2% income

severely rent-burdened

Software Developer

Avg $162,970/yr · Rent = 40.9% income

rent-burdened

Lawyer

Avg $208,235/yr · Rent = 32% income

stretched

Firefighter

Avg $74,116/yr · Rent = 90% income

severely rent-burdened

Truck Driver

Avg $66,918/yr · Rent = 99.7% income

severely rent-burdened

Electrician

Avg $82,482/yr · Rent = 80.9% income

severely rent-burdened

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: August 17, 2026

The median rent in Coronado is $5,560/mo as of August 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 50% of local median household income ($134,534/yr), Coronado ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

Is Coronado an affordable city for renters?

Coronado is considered stretched for renters. At $5,560/mo, rent takes approximately 50% of the local median household income ($134,534/yr). The standard benchmark is 30%. Coronado significantly exceeds that threshold, making it challenging for many renters.

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 $222,000/year (~$107/hour full-time) to afford the median rent of $5,560/mo in Coronado. The local median household income is $134,534/yr, meaning the typical Coronado household falls short of that threshold.

Is rent going up or down in Coronado?

Rent in Coronado has been relatively stable over the past year, with a 0.4% change year over year as of August 2026.

How does Coronado rent compare to other cities in California?

Coronado is one of the pricier cities in California for rent, ranking #12 out of 381 tracked cities at $5,560/mo.

Which nearby cities are cheaper to rent in than Coronado?

Several nearby cities have lower median rents than Coronado ($5,560/mo): National City ($2,448/mo), Lemon Grove ($2,697/mo), Imperial Beach ($2,938/mo).

What percentage of Coronado residents rent vs. own?

According to Census data, approximately 45.4% of Coronado households are renters, while 54.6% are owner-occupied. Coronado leans toward homeownership, which can mean a smaller rental inventory.

How does Coronado rent compare to the national average?

Coronado's median rent of $5,560/mo is $3,598 (183%) above the US national median of $1,962/mo. Within California, it ranks #12 out of 381 tracked cities.

Income Affordability

50%

STRETCHED

At $5,560/mo, rent takes ~50% of Coronado's median household income ($134,534/yr). The standard benchmark is 30%.

Coronado 50%Benchmark 30%

State income tax1–13.3%

Run the Coronado affordability calculator →

Nearby cities