ZIP Code · CA

ZIP 92108

Pop. 26,790·San Diego County·283rd most expensive ZIP in California
Median rent (all units)
$3,168/mo
Year-over-Year
+2.1%
Month-over-Month
+0.5%
vs US Median
+$1,236
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92108 · $3,168
More expensive than 93% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,227
1 BR
$2,393
2 BR
$2,920
3 BR
$3,893
4 BR+
$4,713
Research median
$2,920/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 92108 usually run 0.8% below trend in January and 1% above it in September, about $57 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 92108 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of California

Rent in ZIP 92108 changed +2.1% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 92108 rose 36.8% while median household income rose 38% ($75,296 to $103,884). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 92108 is 39.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($103,884) is $2,597 a month. That is less than HUD's Fair Market Rent for a studio ($3,340).

Rank in San Diego

21st cheapest of 33 ZIP codes in San Diego.

Cheaper nearby

ZIP 92116, 1 mile away, rents for 23% less ($2,444/mo), about $8,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92108. 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
$38,016/yr
At $3,168/mo median
Location
StateCA
CountySan Diego County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.1% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 92108 (San Diego, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 58.3% of residents hold a bachelor's degree or higher.

Population
26,790
Median income
$103,884
Median age
33.5
Renters
71.9%
Age distribution
43.3%
29.1%
Under 1811.1%
18–3443.3%
35–5429.1%
55–647.7%
65+8.7%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
53.1%
27.7%
12.6%
White53.1%
Black6.2%
Hispanic27.7%
Asian12.6%
Education (25+)
26.3%
58.3%
No HS diploma4.3%
HS diploma11.1%
Some college26.3%
Bachelor's+58.3%
Housing tenure
28.1%
71.9%
Owner28.1%
Renter71.9%

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

2021 vs 2026

How ZIP 92108 in San Diego, CA has changed in 5 years

Rent
$2,392 → $3,168
up 32.4%
Income
$87,032 → $103,884
up 19.4%
Population
21,995 → 26,790
up 21.8%
Renter share
70% → 71.9%
+1.9 pts
Bachelor's+
54% → 58.3%
+4.3 pts

Since 2021, the typical rent in ZIP 92108 in San Diego, CA has increased from $2,392 to $3,168, a 32.4% change over five years. Census figures show median household income at $103,884 today, compared with $87,032 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 21.8% since 2021, moving from about 21,995 residents to roughly 26,790. Renters now make up 71.9% of households, compared with 70% five years ago. College-educated residents now make up 58.3% of adults here, versus 54% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 92108

Last updated: October 17, 2026

ZIP code 92108 covers San Diego, CA. The median rent here is $3,168/mo as of October 2026. A 1-bedroom rents for a median of $2,393/mo. A 2-bedroom rents for a median of $2,920/mo.

At 37% of local median household income ($103,884/yr), ZIP 92108 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92108?

To keep rent at or below 30% of gross income, you would need to earn at least $127,000/year (about $61/hour full-time) to afford the median rent of $3,168/mo in ZIP 92108. The local median household income is $103,884/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92108?

Rent in ZIP 92108 has risen 2.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 92108?

Asking rents in ZIP 92108 are usually lowest in January, about 0.8% below their yearly trend, and highest in September, about 1% above it. At today's median that is a gap of roughly $57 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 92108?

No. From 2019 to 2024, rent in ZIP 92108 rose 36.8% while median household income rose 38%, from $75,296 to $103,884. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92108 compare to other ZIPs in California?

ZIP 92108 is one of the pricier among California ZIP codes for rent, ranking #283 of 898 at $3,168/mo. Over the year to September 2026, rent in ZIP 92108 changed +2.1%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92108 compare to the rest of San Diego?

At $3,168/mo, ZIP 92108 is $164 above the San Diego citywide median of $3,004/mo. It is the 21st cheapest of 33 ZIP codes in San Diego.
Income Affordability
37%
MODERATE

At $3,168/mo, rent takes ~37% of ZIP 92108's median household income ($103,884/yr). The standard benchmark is 30%.

ZIP 92108 37%Benchmark 30%
State income tax1–13.3%
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