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City Report · CA

Coronado

Pop. 19,015·15th most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$5,354/mo
Year-over-Year
-0.6%
Month-over-Month
+9.2%
vs US Median
+$3,389
Rising (Monthly)
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Most AffordableMost Expensive
Coronado · $5,354
More expensive than 99% of US cities · National median $1,965/mo
Rent Reality Score
69/100
Good value
OverheatedFairGreat value

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

Actual rent
$5,354/mo
Expected by trend
$5,930/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
Research median
$4,280/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$64,248/yr
At $5,354/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (-0.6% YoY, +9.2% 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
$3,509 → $5,354
up 52.6%
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 $5,354, reflecting a 52.6% 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

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

Can you afford rent in Coronado on your salary?

At $5,354/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: July 20, 2026

The median rent in Coronado is $5,354/mo as of July 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 48% of local median household income ($134,534/yr), Coronado ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.

FAQ

Frequently asked questions

Is Coronado an affordable city for renters?

Coronado is considered stretched for renters. At $5,354/mo, rent takes approximately 48% 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 $214,000/year (~$103/hour full-time) to afford the median rent of $5,354/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 decreased 0.6% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Coronado rent compare to other cities in California?

Coronado is one of the pricier cities in California for rent, ranking #15 out of 387 tracked cities at $5,354/mo.

Which nearby cities are cheaper to rent in than Coronado?

Several nearby cities have lower median rents than Coronado ($5,354/mo): National City ($2,472/mo), Lemon Grove ($2,618/mo), Imperial Beach ($3,011/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 $5,354/mo is $3,389 (172%) above the US national median of $1,965/mo. Within California, it ranks #15 out of 387 tracked cities.
Income Affordability
48%
STRETCHED

At $5,354/mo, rent takes ~48% of Coronado's median household income ($134,534/yr). The standard benchmark is 30%.

Coronado 48%Benchmark 30%
State income tax1–13.3%
Run the Coronado affordability calculator →
Lowest-rent ZIP codes in Coronado
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Coronado, CA

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